Touchstone Exploration (TSE:TXP) Hits New 12-Month Low – Here’s What Happened

Touchstone Exploration Inc. (TSE:TXPGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.52 and last traded at C$0.54, with a volume of 148603 shares trading hands. The stock had previously closed at C$0.53.

Touchstone Exploration Stock Performance

The company has a market cap of C$130.04 million, a price-to-earnings ratio of -6.63, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70. The stock’s fifty day simple moving average is C$0.57 and its two-hundred day simple moving average is C$0.57. The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.69 and a current ratio of 0.88.

About Touchstone Exploration

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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.

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