Xtract Resources (LON:XTR) Shares Down 16.7% – What’s Next?

Xtract Resources Plc (LON:XTR) fell 16.7% during trading on Monday . The company traded as low as GBX 1 and last traded at GBX 1. 2,259,243 shares traded hands during trading, a decline of 76% from the average session volume of 9,452,029 shares. The stock had previously closed at GBX 1.20.

Xtract Resources Trading Up 7.7%

The company has a market cap of £8.99 million, a price-to-earnings ratio of -13.13 and a beta of 0.06. The firm has a 50-day moving average price of GBX 0.97 and a 200 day moving average price of GBX 0.82.

About Xtract Resources

Xtract Resources Plc, together with its subsidiaries, operates as a resource, development, and mining company. It explores for gold and copper deposits. The company holds 100% interest in the Manica gold project located in the Odzi-Mutare-Manica Greenstone belt in Mozambique; the Bushranger copper-gold project that comprises four exploration licenses totaling 501km2 and located in eastern central New South Wales, Australia; the Eureka copper-gold project comprising 345 hectares located in west of the Zambian Copperbelt district; and the Kalengwa copper project located in the North-western province of Zambia.