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Xtra-Gold Resources (TSE:XTG) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Xtra-Gold Resources logo with Basic Materials background

Xtra-Gold Resources Corp. (TSE:XTG - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$2.06 and traded as high as C$2.10. Xtra-Gold Resources shares last traded at C$2.10, with a volume of 4,103 shares trading hands.

Xtra-Gold Resources Stock Up 0.5%

The company has a market capitalization of C$66.97 million, a P/E ratio of 95.64 and a beta of 0.55. The firm has a 50-day moving average price of C$2.05 and a two-hundred day moving average price of C$1.94.

About Xtra-Gold Resources

(Get Free Report)

Xtra-Gold Resources Corp is a gold exploration company with a substantial land position in the Kibi Gold Belt. The Kibi Gold Belt, which exhibits many similar geological features to Ghana's main gold belt, the Ashanti Belt, has been the subject of very limited modern exploration activity targeting lode gold deposits as virtually all past gold mining activity and exploration efforts focused on the extensive alluvial gold occurrences in many river valleys throughout the Kibi area.

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