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Xtra-Gold Resources (TSE:XTG) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Xtra-Gold Resources logo with Basic Materials background

Xtra-Gold Resources Corp. (TSE:XTG - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$2.04 and traded as high as C$2.08. Xtra-Gold Resources shares last traded at C$2.04, with a volume of 16,069 shares.

Xtra-Gold Resources Stock Performance

The business's fifty day moving average price is C$2.04 and its two-hundred day moving average price is C$1.98. The stock has a market capitalization of C$65.98 million, a P/E ratio of 94.22 and a beta of 0.55.

Xtra-Gold Resources Company Profile

(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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