Xtract Resources (LON:XTR) Stock Price Crosses Below Fifty Day Moving Average of $1.18

Xtract Resources PLC (LON:XTR)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $1.18 and traded as low as $1.15. Xtract Resources shares last traded at $1.15, with a volume of 173,644 shares.

The firm has a 50-day moving average of GBX 1.18 and a two-hundred day moving average of GBX 1.03. The company has a market capitalization of $5.05 million and a PE ratio of -5.88.

In related news, insider Colin Bird purchased 1,000,000 shares of Xtract Resources stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £10,000 ($13,066.77).

About Xtract Resources (LON:XTR)

Xtract Resources Plc operates as a resource, development, and mining company. Its principal property is the Manica gold project located in Mozambique. The company was formerly known as Xtract Energy PLC and changed its name to Xtract Resources Plc in June 2013. Xtract Resources Plc was founded in 2004 and is based in London, the United Kingdom.

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