Touchstone Exploration Inc. (TSE:TXP – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.18 and traded as high as C$0.22. Touchstone Exploration shares last traded at C$0.20, with a volume of 53,070 shares trading hands.
Touchstone Exploration Stock Down 1.3%
The stock has a market cap of C$62.51 million, a price-to-earnings ratio of -19.25, a PEG ratio of 4.01 and a beta of 0.31. The business’s 50 day moving average is C$0.18 and its 200-day moving average is C$0.19. The company has a debt-to-equity ratio of 87.79, a quick ratio of 0.69 and a current ratio of 0.59.
About Touchstone Exploration
Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.
Further Reading
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