Touchstone Exploration (TSE:TXP) Reaches New 1-Year Low – Should You Sell?

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

Touchstone Exploration Stock Performance

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

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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