Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Xtract Resources ( (GB:XTR) ).
Xtract Resources Plc has announced promising assay results from its initial drilling at the Silverking Project in Zambia, revealing high-grade copper and silver intercepts. The results indicate significant mineralization, with copper grades peaking at 4.15% and silver grades exceeding 200g/t in some samples. The company is advancing its exploration program to define the extent of the mineralization and assess the potential for a larger mineral resource, which could enhance its market positioning and provide substantial value to stakeholders.
More about Xtract Resources
Xtract Resources Plc is a mining company involved in the exploration and development of mineral resources. The company focuses primarily on copper and silver mining projects, with a significant interest in the Silverking copper mine located in the Mumbwa District of the Central Province of Zambia.
YTD Price Performance: 60.0%
Average Trading Volume: 1,858,202
Technical Sentiment Signal: Hold
Current Market Cap: £6.85M
For detailed information about XTR stock, go to TipRanks’ Stock Analysis page.