Shares of Touchstone Exploration Inc. (TSE:TXP - Get Free Report) dropped 24.7% on Monday . The stock traded as low as C$0.26 and last traded at C$0.28. Approximately 321,378 shares were traded during mid-day trading, an increase of 307% from the average daily volume of 78,922 shares. The stock had previously closed at C$0.37.
Touchstone Exploration Price Performance
The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 42.94. The company has a market capitalization of C$50.44 million, a P/E ratio of -5.73, a P/E/G ratio of 4.01 and a beta of 0.70. The firm has a fifty day moving average of C$0.37 and a 200 day moving average of C$0.40.
Touchstone Exploration Company Profile
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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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