Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Xtract Resources Plc, along with its affiliated entities, functions as a company primarily engaged in the identification, development, and extraction of mineral resources. The firm's main focus is prospecting for gold and copper reserves. Its assets include full ownership of the Manica gold project, which is situated within Mozambique's Odzi-Mutare-Manica Greenstone belt. The company also oversees the Bushranger copper-gold initiative in eastern central New South Wales, Australia, comprising four exploration permits that cover a total area of 501 square kilometers. Additionally, its portfolio features the 345-hectare Eureka copper-gold venture, positioned west of Zambia's Copperbelt district, and the Kalengwa copper project, located in Zambia's North-western province. Originally known as Xtract Energy PLC upon its incorporation in 2004, the company adopted its current name, Xtract Resources Plc, in June 2013 and maintains its corporate headquarters in London, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.