Touchstone Exploration Inc. (TSE:TXP – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.55 and traded as low as C$0.45. Touchstone Exploration shares last traded at C$0.46, with a volume of 70,500 shares.
Touchstone Exploration Stock Down 2.2 %
The firm has a market capitalization of C$105.21 million, a price-to-earnings ratio of -5.56, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70. The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.69 and a current ratio of 0.88. The business’s 50 day moving average is C$0.50 and its 200-day moving average is C$0.55.
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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