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Xtra-Gold Resources (TSE:XTG) Shares Cross Above 50-Day Moving Average - Time to Sell?

Xtra-Gold Resources logo with Basic Materials background

Shares of Xtra-Gold Resources Corp. (TSE:XTG - Get Free Report) crossed 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 traded.

Xtra-Gold Resources Price Performance

The firm has a market cap of C$66.64 million, a PE ratio of 95.17 and a beta of 0.55. The business's 50 day moving average price is C$2.05 and its 200 day moving average price is C$1.95.

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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