Xtract Resources (LON:XTR) Shares Cross Above 50-Day Moving Average of $1.09

Xtract Resources PLC (LON:XTR) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.09 and traded as high as $1.13. Xtract Resources shares last traded at $1.13, with a volume of 461,452 shares changing hands.

The company has a market cap of $4.83 million and a P/E ratio of -5.66. The company’s 50-day moving average is GBX 1.09 and its two-hundred day moving average is GBX 1.10.

In other Xtract Resources news, insider Colin Bird bought 500,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £5,000 ($6,533.39).

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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