Touchstone Exploration (TSE:TXP) Sets New 1-Year Low – Time to Sell?

Touchstone Exploration Inc. (TSE:TXPGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.38 and last traded at C$0.38, with a volume of 269466 shares. The stock had previously closed at C$0.41.

Touchstone Exploration Price Performance

The stock has a market capitalization of C$96.94 million, a price-to-earnings ratio of -5.13, a P/E/G ratio of 4.01 and a beta of 0.70. The company has a fifty day simple moving average of C$0.52 and a 200 day simple moving average of C$0.56. The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.69 and a current ratio of 0.88.

Touchstone Exploration Company Profile

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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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