Touchstone Exploration Inc. (TSE:TXP) Senior Officer Sells 55,000 Shares

Touchstone Exploration Inc. (TSE:TXP) Senior Officer Christopher Scott Budau sold 55,000 shares of the stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of C$0.55, for a total transaction of C$30,250.00.

Touchstone Exploration Stock Performance

Touchstone Exploration stock traded up C$0.01 during trading hours on Thursday, hitting C$0.56. The stock had a trading volume of 162,230 shares, compared to its average volume of 91,244. The company has a 50-day moving average of C$0.62 and a two-hundred day moving average of C$0.74. The company has a quick ratio of 0.69, a current ratio of 0.64 and a debt-to-equity ratio of 46.02. Touchstone Exploration Inc. has a fifty-two week low of C$0.52 and a fifty-two week high of C$1.53. The company has a market cap of C$131.16 million, a PE ratio of -6.11, a price-to-earnings-growth ratio of 4.01 and a beta of 0.76.

Touchstone Exploration (TSE:TXP) last posted its earnings results on Tuesday, May 14th. The company reported C$0.02 EPS for the quarter. Touchstone Exploration had a negative return on equity of 23.50% and a negative net margin of 38.88%. The business had revenue of C$17.43 million during the quarter. On average, equities research analysts anticipate that Touchstone Exploration Inc. will post 0.1189591 EPS for the current fiscal year.

Touchstone Exploration Company Profile

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 and development production on four lease operatorship properties.