Lexington Gold (LON:LEX) Trading 1.7% Higher – What’s Next?

Shares of Lexington Gold Ltd (LON:LEX) rose 1.7% on Thursday . The company traded as high as GBX 2.90 and last traded at GBX 2.90. Approximately 459,993 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 475,354 shares. The stock had previously closed at GBX 2.85.

Lexington Gold Stock Performance

The company has a current ratio of 0.68, a quick ratio of 0.91 and a debt-to-equity ratio of 3.30. The company’s 50-day moving average is GBX 3.12 and its two-hundred day moving average is GBX 3.41. The stock has a market capitalization of £13.74 million, a P/E ratio of -22.30 and a beta of 0.08.

Lexington Gold (LON:LEX) last posted its earnings results on Monday, June 22nd. The company reported GBX (0.13) EPS for the quarter. The business had revenue of GBX (95) million for the quarter.

About Lexington Gold

Lexington Gold (AIM: LEX; OTCQB: LEXLF) is a gold exploration and development company currently holding interests in three diverse gold projects, covering a combined area of approximately 1,326 acres in North and South Carolina, USA and in six gold projects covering approximately 114,638 hectares in South Africa.

For further information visit www.lexingtongold.co.uk