Touchstone Exploration (TSE:TXP) Reaches New 1-Year Low – What’s Next?

Touchstone Exploration Inc. (TSE:TXPGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.52 and last traded at C$0.52, with a volume of 8587 shares changing hands. The stock had previously closed at C$0.53.

Touchstone Exploration Stock Performance

The company has a debt-to-equity ratio of 52.03, a current ratio of 0.88 and a quick ratio of 0.69. The firm has a market cap of C$122.94 million, a PE ratio of -6.63, a P/E/G ratio of 4.01 and a beta of 0.70. The stock has a 50-day moving average price of C$0.57 and a 200 day moving average price of C$0.58.

Touchstone Exploration Company Profile

(Get Free Report)

Touchstone Exploration Inc engages in the exploration, development, acquisition, production, and sale of petroleum and natural gas properties in the Republic of Trinidad and Tobago. Its primary exploration focus is the Ortoire exploration block. The company was formerly known as Petrobank Energy and Resources Ltd.

Further Reading

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