Lexington Gold (LON:LEX) Shares Down 5.1% – What’s Next?

Lexington Gold Ltd (LON:LEXGet Free Report) shares were down 5.1% during trading on Tuesday . The stock traded as low as GBX 3.56 ($0.04) and last traded at GBX 3.56 ($0.04). Approximately 10,304 shares traded hands during trading, a decline of 87% from the average daily volume of 79,505 shares. The stock had previously closed at GBX 3.75 ($0.05).

Lexington Gold Trading Up 4.0 %

The business’s fifty day moving average is GBX 3.64 and its two-hundred day moving average is GBX 3.63. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 11.78. The firm has a market cap of £15.56 million, a price-to-earnings ratio of -17.00 and a beta of -1.04.

About Lexington Gold

(Get Free Report)

Lexington Gold Ltd engages in the exploration and development of gold projects in the United States. It holds interest in the four projects that covers a combined area of approximately 1,550 acres in North and South Carolina, the United States. The company was formerly known as Richland Resources Ltd and changed its name to Lexington Gold Ltd in December 2020.

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