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Xtra-Gold Resources (TSE:XTG) Stock Price Crosses Above 50 Day Moving Average - Should You Sell?

Xtra-Gold Resources logo with Basic Materials background

Xtra-Gold Resources Corp. (TSE:XTG - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Xtra-Gold Resources Stock Down 1.4%

The stock has a market cap of C$67.30 million, a price-to-earnings ratio of 96.11 and a beta of 0.55. The firm's 50 day moving average is C$2.04 and its two-hundred day moving average is C$1.98.

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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