Xtract Resources Plc (XTR.L)
Xtract Resources Plc operates in the Gold industry of the Basic Materials sector, headquartered in London, GL, GB. The stock last traded at $1.23, down 2.00% on the session, giving a market capitalisation of $14.6M. Its beta of 0.44 implies it has historically moved less than the broad market.
Xtract Resources Plc, along with its affiliated entities, functions as a company primarily engaged in the identification, development, and extraction of mineral resources. The firm's main focus is prospecting for gold and copper reserves. Its assets include full ownership of the Manica gold project, which is situated within Mozambique's Odzi-Mutare-Manica Greenstone belt. The company also oversees the Bushranger copper-gold initiative in eastern central New South Wales, Australia, comprising four exploration permits that cover a total area of 501 square kilometers. Additionally, its portfolio features the 345-hectare Eureka copper-gold venture, positioned west of Zambia's Copperbelt district, and the Kalengwa copper project, located in Zambia's North-western province. Originally known as Xtract Energy PLC upon its incorporation in 2004, the company adopted its current name, Xtract Resources Plc, in June 2013 and maintains its corporate headquarters in London, United Kingdom.
Xtract Resources Plc is most often compared with the following Basic Materials names: