Lexington Gold (LON:LEX) Stock Price Up 1.7% – Still a Buy?

Lexington Gold Ltd (LON:LEXGet Free Report)’s share price rose 1.7% during mid-day trading on Thursday . The company traded as high as GBX 2.90 and last traded at GBX 2.90. 459,993 shares traded hands during 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 Up 1.2%

The company’s fifty day simple moving average is GBX 3.10 and its 200 day simple moving average is GBX 3.41. 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 firm has a market capitalization of £13.67 million, a P/E ratio of -22.19 and a beta of 0.08.

Lexington Gold (LON:LEXGet Free Report) last announced its earnings results on Monday, June 22nd. The company reported GBX (0.13) earnings per share for the quarter. The firm had revenue of GBX (95) million for the quarter.

About Lexington Gold

(Get Free Report)

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

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