Lexington Gold (LON:LEX) Stock Price Down 1.4% – Time to Sell?

Lexington Gold Ltd (LON:LEXGet Free Report)’s stock price fell 1.4% during mid-day trading on Friday . The stock traded as low as GBX 3.26 ($0.04) and last traded at GBX 3.45 ($0.04). 1,037,449 shares traded hands during trading, an increase of 287% from the average session volume of 267,778 shares. The stock had previously closed at GBX 3.50 ($0.04).

Lexington Gold Price Performance

The company has a debt-to-equity ratio of 11.78, a current ratio of 1.79 and a quick ratio of 0.91. The firm has a 50-day moving average of GBX 3.77 and a 200-day moving average of GBX 3.88. The stock has a market cap of £13.76 million, a PE ratio of -17.00 and a beta of -1.04.

Lexington Gold Company Profile

(Get Free Report)

Lexington Gold Ltd engages in the exploration and development of gold projects in the United States. It holds interest in the four projects that covers a combined area of approximately 1,550 acres in North and South Carolina, the United States. The company was formerly known as Richland Resources Ltd and changed its name to Lexington Gold Ltd in December 2020.

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