Shares of Xtra-Gold Resources Corp. (TSE:XTG – Get Free Report) reached a new 52-week low on Thursday. The company traded as low as C$1.97 and last traded at C$2.01, with a volume of 18,699 shares changing hands. The stock had previously closed at C$2.21.
Xtra-Gold Resources Trading Down 9.5%
The company’s 50 day moving average price is C$2.45 and its two-hundred day moving average price is C$2.79. The stock has a market cap of C$93.15 million, a P/E ratio of 22.22 and a beta of 0.69.
Xtra-Gold Resources Company Profile
Xtra-Gold Resources Corp. is a gold exploration company with a substantial land position totaling 226 square kilometers in the Kibi Gold Belt of Ghana, West Africa. The Kibi Gold Belt is geologically similar and in close proximity to the world-renowned Ashanti Gold Belt , which hosts an estimated 130 million ounces of gold resources. With an established land position, strong financial footing, and experienced technical team, Xtra-Gold is strategically positioned to make the next major gold discovery in Ghana .
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