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

Shares of Lexington Gold Ltd (LON:LEXGet Free Report) were down 5.1% during mid-day trading on Wednesday . The company traded as low as GBX 3.66 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 176,219 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 254,354 shares. The stock had previously closed at GBX 3.90 ($0.05).

Lexington Gold Trading Up 2.5 %

The company has a debt-to-equity ratio of 11.78, a current ratio of 2.57 and a quick ratio of 0.91. The firm’s 50 day moving average price is GBX 3.69 and its 200 day moving average price is GBX 4.10. The stock has a market capitalization of £14.92 million, a P/E ratio of -17.00 and a beta of -1.10.

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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