Lexington Gold (LON:LEX) Shares Climb 6.4% – Here’s Why

Lexington Gold Ltd (LON:LEX)’s stock price was up 6.4% during trading on Wednesday. The stock traded as high as GBX 2.70 and last traded at GBX 2.50. Approximately 2,861,362 shares were traded during mid-day trading, an increase of 478% from the average session volume of 495,421 shares. The stock had previously closed at GBX 2.35.

Lexington Gold Trading Up 6.4%

The business has a 50 day simple moving average of GBX 2.63 and a two-hundred day simple moving average of GBX 3.02. The stock has a market cap of £11.83 million, a price-to-earnings ratio of -19.24 and a beta of 0.08.

Lexington Gold Company Profile

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