Shares of Thungela Resources Limited (LON:TGA - Get Free Report) shot up 1.7% during trading on Monday . The company traded as high as GBX 549 ($7.01) and last traded at GBX 537.50 ($6.87). 92,462 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 173,160 shares. The stock had previously closed at GBX 528.50 ($6.75).
Thungela Resources Price Performance
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 has a market capitalization of £739.59 million, a P/E ratio of 511.90 and a beta of -0.87. The stock's 50 day simple moving average is GBX 548.50 and its 200 day simple moving average is GBX 518.53.
About Thungela Resources
(
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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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