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Touchstone Exploration (TSE:TXP) Reaches New 52-Week Low - Time to Sell?

Touchstone Exploration logo with Energy background
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Touchstone Exploration Inc. (TSE:TXP - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.38 and last traded at C$0.39, with a volume of 187204 shares changing hands. The stock had previously closed at C$0.39.

Touchstone Exploration Trading Up 1.2 %

The company has a market capitalization of C$68.94 million, a PE ratio of -7.84, a PEG ratio of 4.01 and a beta of 0.70. 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 stock has a fifty day moving average of C$0.44 and a two-hundred day moving average of C$0.51.

About Touchstone Exploration

(Get Free Report)

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. The company was formerly known as Petrobank Energy and Resources Ltd.

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