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Thungela Resources (LON:TGA) Stock Price Down 1.3% - Here's What Happened

Thungela Resources logo with Energy background

Thungela Resources Limited (LON:TGA - Get Free Report) fell 1.3% during trading on Thursday . The stock traded as low as GBX 393 ($5.27) and last traded at GBX 404 ($5.42). 287,191 shares were traded during trading, an increase of 34% from the average session volume of 214,397 shares. The stock had previously closed at GBX 409.50 ($5.49).

Thungela Resources Stock Up 1.3%

The company has a debt-to-equity ratio of 0.51, a quick ratio of 3.53 and a current ratio of 1.89. The firm's 50-day moving average is GBX 372.23 and its 200 day moving average is GBX 440.65. The firm has a market capitalization of £13.09 billion, a PE ratio of 4.00 and a beta of -0.87.

Thungela Resources Company Profile

(Get Free Report)

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery.

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