Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An announcement from Xtract Resources ( (GB:XTR) ) is now available.
Xtract Resources has acquired a 50% stake in Moroccan-based Wildstone SARL for $500,000, aiming to explore and develop small-scale mining operations for copper, silver, and antimony. This strategic move into Morocco, a recognized mining country, is expected to enhance shareholder value and potentially lead to larger-scale mining operations, with Xtract planning to increase its stake to 80% through further exploration investments.
More about Xtract Resources
Xtract Resources Plc is a company involved in mineral exploration and development, focusing on strategic and critical minerals. The company is engaged in exploring and potentially developing small mines, with operations aimed at enhancing shareholder value.
YTD Price Performance: 10.0%
Average Trading Volume: 702,744
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.71M
Learn more about XTR stock on TipRanks’ Stock Analysis page.