Touchstone Exploration Inc. (TSE:TXP – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.40 and last traded at C$0.39, with a volume of 462985 shares changing hands. The stock had previously closed at C$0.43.
Touchstone Exploration Trading Down 9.4 %
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 capitalization of C$91.03 million, a price-to-earnings ratio of -5.31, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70. The business’s 50 day moving average price is C$0.55 and its 200-day moving average price is C$0.56.
About Touchstone Exploration
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.
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