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

Touchstone Exploration logo with Energy background

Touchstone Exploration Inc. (TSE:TXP - Get Free Report) reached a new 52-week low on Friday . The company traded as low as C$0.35 and last traded at C$0.37, with a volume of 254790 shares changing hands. The stock had previously closed at C$0.39.

Touchstone Exploration Stock Performance

The company has a debt-to-equity ratio of 42.94, a quick ratio of 0.69 and a current ratio of 0.83. The firm has a 50 day moving average price of C$0.41 and a two-hundred day moving average price of C$0.48. The company has a market capitalization of C$66.42 million, a P/E ratio of -7.55, a price-to-earnings-growth ratio of 4.01 and a beta of 0.70.

About Touchstone Exploration

(Get Free Report)

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights.

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