Added to YB: 2026-04-06
Pitch date: 2026-04-02
XTR.L [bullish]
Xtract Resources Plc
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Xtract Resources Plc, together with its subsidiaries, operates as a resource exploration and development company in Australia, the United Kingdom, and Zambia.
Market Cap
GBP 9.2M
Pitch Price
N/A
Price Target
0.01
Dividend
N/A
EV/EBITDA
N/A
P/E
-3.55
EV/Sales
N/A
Sector
Metals and Mining
Category
value
The train to XTR will depart shortly
XTR.L: London explorer targeting Antimony ($50k/t, China export controls), Cu ($12.2k/t) & Ag. Morocco: 15-40% grade Sb fast-track production. Zambia Silverking (70%): drilling 54.1m @ 3.18% Cu & 40.3g/t Ag, JV w/ Oval/Cooperlemon, production Jun'26, est 4.25kt Cu/yr = $42.5m gross ($30m attrib), even at $5m margin = 1x P/E. Australia Bushranger: 1.3Mt Cu resource @ £7.34m NBV ($7.50/t vs $12.2k spot). £10m mcap, £6m cash+receivables (0.68p/0.8p price), 41% NAV discount. Mgmt options @ 1.4p (75% upside). PT 1.37p (+71%).
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