Xtract Resources PLC (GB:XTR)
LSE:XTR
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Xtract Resources
(LSE:XTR)
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Rating:54Neutral
Price Target:
0.97 p
▲(21.12% Upside)
Action:ReiteratedDate:02/04/26
The score is held back primarily by weak and highly volatile financial performance, especially the 2024 revenue collapse and cash burn. Technicals are a notable offset with improving momentum and price trading above key moving averages, while valuation is pressured by losses reflected in the negative P/E and lack of dividend support.
Positive Factors
Balance sheet strength
Minimal or no debt and a substantial equity base reduce financial risk and preserve strategic optionality. This balance-sheet flexibility supports funding exploration, pursuing farm-outs or acquisitions, and absorbing cyclical commodity swings without immediate solvency pressure.
Negative Factors
2024 revenue collapse and cash burn
A collapse to near-zero revenue and deep 2024 losses materially increased funding and execution risk. Sustained cash burn erodes runway, forces potential asset sales or dilution, and constrains the company’s ability to advance projects over the coming months without external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Minimal or no debt and a substantial equity base reduce financial risk and preserve strategic optionality. This balance-sheet flexibility supports funding exploration, pursuing farm-outs or acquisitions, and absorbing cyclical commodity swings without immediate solvency pressure.
Read all positive factors
Xtract Resources (XTR) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£10.41M
Dividend YieldN/A
Average Volume (3M)1.85M
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees27
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,189,708,500
10 Day Avg. Volume2,857,470
30 Day Avg. Volume1,846,530
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.25
Price to Sales (P/S)1134.21
P/FCF Ratio-10.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Xtract Resources Business Overview & Revenue Model
Company Description
Xtract Resources Plc, together with its subsidiaries, operates as a resource, development, and mining company. The company primarily explores for gold and copper deposits. It holds 100% interest in the Manica gold project located in the Odzi-Mutar...
How the Company Makes Money
Xtract Resources’ primary ways of generating value and potential revenue are tied to the advancement and monetisation of its mineral/commodity assets: (1) If a project reaches production (whether operated directly or via an interest in a producing...
Xtract Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
27
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.00K | 4.00K | 1.48M | 667.00K | 692.00K | 1.73M |
| Gross Profit | -16.00K | -32.00K | 1.16M | 424.00K | 123.00K | 719.00K |
| EBITDA | -1.14M | -1.19M | 15.00K | -2.08M | -3.03M | -728.00K |
| Net Income | -1.87M | -862.00K | 635.00K | -1.83M | -3.13M | -914.00K |
Balance Sheet | ||||||
| Total Assets | 17.58M | 19.20M | 21.93M | 21.11M | 23.01M | 13.07M |
| Cash, Cash Equivalents and Short-Term Investments | 3.32M | 4.51M | 630.00K | 192.00K | 5.39M | 919.00K |
| Total Debt | 0.00 | 0.00 | 50.00K | 50.00K | 0.00 | 0.00 |
| Total Liabilities | 873.00K | 832.00K | 2.04M | 1.43M | 2.35M | 1.14M |
| Stockholders Equity | 16.70M | 18.37M | 19.89M | 19.68M | 20.66M | 11.93M |
Cash Flow | ||||||
| Free Cash Flow | -1.34M | -413.00K | 1.11M | -5.42M | -5.79M | -98.00K |
| Operating Cash Flow | -910.00K | -413.00K | 1.21M | -2.53M | -767.00K | 189.00K |
| Investing Cash Flow | 316.00K | 1.93M | -101.00K | -2.90M | -5.02M | -251.00K |
| Financing Cash Flow | 0.00 | -50.00K | 0.00 | 311.00K | 10.15M | 636.00K |
Xtract Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | £10.41M | -1.51 | -10.29% | ― | ― | ― | |
52 Neutral | £7.29M | -0.56 | -47.73% | ― | 93.10% | -150.00% | |
51 Neutral | £8.08M | 5.22 | -2.46% | ― | ― | ― | |
46 Neutral | £3.62M | -1.95 | -86.67% | ― | ― | ― | |
45 Neutral | £7.24M | -3.75 | -24.33% | ― | ― | ― |
* Basic Materials Sector Average
GB:XTR
Xtract Resources
0.90
-0.18
-16.67%
GB:ECR
ECR Minerals
0.23
>-0.01
-2.17%
GB:IGLD
Caracal Gold PLC
0.28
0.00
0.00%
GB:CGNR
Conroy Gold and Natural Resources
10.50
8.05
328.57%
GB:GRL
Goldstone Resources
0.58
-0.48
-45.24%
GB:HAMA
Hamak Gold Limited
0.80
0.18
29.03%
Xtract Resources Corporate Events
Business Operations and Strategy
Xtract fast-tracks Moroccan antimony mines toward renewed production
Positive
Mar 5, 2026
Xtract Resources has advanced work on its Amghas and Ighoud antimony licences in Morocco and approved further investment to fast-track both former mines back into production. Site clearing at Amghas has uncovered extensive underground workings wit...
Business Operations and StrategyM&A Transactions
Xtract Resources Secures 35% Stake in Silverking Copper Mining Joint Venture in Zambia
Positive
Feb 3, 2026
Xtract Resources has entered into a new joint venture with Oval Mining and Cooperlemon Consultancy to develop copper mining operations on the Silverking Small Scale Mining Licence in Zambia, acquiring a 35% stake in the project for US$1.5 million ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.