Touchstone Exploration (TSE:TXP) Issues Earnings Results

Touchstone Exploration (TSE:TXP) announced its quarterly earnings data on Tuesday. The company reported C$0.06 EPS for the quarter, FiscalAI reports. Touchstone Exploration had a negative return on equity of 4.62% and a negative net margin of 7.24%.The business had revenue of C$10.66 million during the quarter.

Touchstone Exploration Stock Down 2.8%

Shares of Touchstone Exploration stock opened at C$0.18 on Thursday. Touchstone Exploration has a 1 year low of C$0.11 and a 1 year high of C$0.43. The firm has a market cap of C$56.83 million, a price-to-earnings ratio of -17.50, a PEG ratio of 4.01 and a beta of 0.31. The company has a 50-day moving average of C$0.18 and a 200 day moving average of C$0.19. The company has a debt-to-equity ratio of 87.79, a current ratio of 0.59 and a quick ratio of 0.69.

Touchstone Exploration Company Profile

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.