XTR.L Stock Analysis
XT
Uncovered
Xtract Resources PLC is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Xtract Resources Plc is a resource, development and mining company which focuses on acquiring brown field resource projects with a view to release value for its shareholders. The firm focused its activities on its Bushranger copper-gold exploration project in Australia and copper-gold exploration projects in Zambia. The Company’s projects include Bushranger Copper-Gold, Eureka Copper, Kalengwa Processing Copper and Manica Gold. The Bushranger Copper-Gold project is located in the Lachlan Fold Belt (LFB), New South Wales, Australia’s, a copper-gold province. The Eureka Copper project, comprising of approximately 345 hectares, is accessed by an approximately 100 kilometers (km) dirt road from Kabwe, west of the Zambian Copperbelt district. The Kalengwa Processing Copper project is located in the North-western province of Zambia approximately 800 km north-west of Lusaka and 400 km south-west of Kitwe. The Manica Gold project is situated in the Odzi-Mutare-Manica Greenstone belt, with an approximately two million ounces of gold previously mined in the area.