Xtract Resources (XTR)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.85p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.35
  • 52 Week Low: 0.80
  • Currency: UK Pounds
  • Shares Issued: 856.38m
  • Volume: 987,503
  • Market Cap: £7.28m
  • RiskGrade: 1,021

Xtract reports solid gold production at Manica Concession

By Josh White

Date: Thursday 14 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Xtract Resources reported total mining contractor gold production of 49.34 kilograms at the Manica Concession for the September quarter on Thursday, equivalent to 1,586 ounces.

The AIM-traded firm said that included initial hard rock production from Guy Fawkes of 170 equivalent ounces of gold.

It said a total of 13.60 kilograms, or about 437 ounces, was attributable to Explorator, with the value of Explorator's share coming in at $0.78m.

Gold sales for the three months ended 30 September totalled 152 ounces, making for combined attributable revenue to Explorator, as well as other income, of $0.37m.

Development at Guy Fawkes continued through the quarter, the board said, with progress also made at Fair Bride.

"The quarter ended 30 September was the third-best period for production since we commenced alluvial mining at Manica, and production in September was 46% higher than any previous month," said executive chairman Colin Bird.

"Our policy is to have a number of sites operated by different contractors and continue on this basis into 2022.

"The Fair Bride and Guy Fawkes hard rock projects are both advancing satisfactorily, and we look forward to increased production from Guy Fawkes in the final quarter and initial production from Fair Bride towards the end of 2021."

At 1544 BST, shares in Xtract Resources were down 0.76% at 5.21p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

XTR Market Data

Currency UK Pounds
Share Price 0.85p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.35
52 Week Low 0.80
Volume 987,503
Shares Issued 856.38m
Market Cap £7.28m
RiskGrade 1,021

XTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.24% above the market average30.24% above the market average30.24% above the market average30.24% above the market average30.24% above the market average
71.05% above the sector average71.05% above the sector average71.05% above the sector average71.05% above the sector average71.05% above the sector average
Price Trend
80.34% below the market average80.34% below the market average80.34% below the market average80.34% below the market average80.34% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average
Income Not Available
Growth
53.48% above the market average53.48% above the market average53.48% above the market average53.48% above the market average53.48% above the market average
32.08% above the sector average32.08% above the sector average32.08% above the sector average32.08% above the sector average32.08% above the sector average

XTR Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:07 200,000 @ 0.89p
15:40 7,042 @ 0.80p
14:30 99,007 @ 0.81p
14:18 71 @ 0.80p
12:22 215,000 @ 0.89p

XTR Key Personnel

CFO Joel Silberstein

Top of Page