Touchstone Exploration (TSE:TXP) Shares Down 5%

Touchstone Exploration Inc. (TSE:TXP - Get Free Report) fell 5% during trading on Friday . The company traded as low as C$0.76 and last traded at C$0.76. 101,901 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 85,350 shares. The stock had previously closed at C$0.80.

Touchstone Exploration Price Performance

The stock has a market capitalization of C$178.00 million, a price-to-earnings ratio of -6.42, a price-to-earnings-growth ratio of 4.01 and a beta of 0.79. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 54.05. The company's 50 day moving average is C$0.85 and its 200 day moving average is C$0.86.

Touchstone Exploration (TSE:TXP - Get Free Report) last posted its earnings results on Thursday, March 21st. The company reported C($0.12) EPS for the quarter. Touchstone Exploration had a negative return on equity of 29.82% and a negative net margin of 57.23%. The firm had revenue of C$28.26 million for the quarter. Research analysts anticipate that Touchstone Exploration Inc. will post 0.0677291 EPS for the current fiscal year.

Touchstone Exploration Company Profile

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 and development production on four lease operatorship properties.