Insider Buying: Xtract Resources (LON:XTR) Insider Acquires £30,000 in Stock

Xtract Resources Plc (LON:XTR) insider Colin Bird bought 3,000,000 shares of the stock in a transaction dated Friday, November 14th. The stock was purchased at an average cost of GBX 1 per share, for a total transaction of £30,000.

Xtract Resources Price Performance

Shares of LON:XTR opened at GBX 0.60 on Monday. Xtract Resources Plc has a 52 week low of GBX 0.40 and a 52 week high of GBX 1.30. The company has a 50-day moving average price of GBX 0.83 and a 200 day moving average price of GBX 0.80. The company has a market cap of £5.14 million, a P/E ratio of -7.50 and a beta of 0.06.

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.