Shares of Touchstone Exploration Inc. (TSE:TXP – Get Free Report) rose 15% during mid-day trading on Friday . The company traded as high as C$0.46 and last traded at C$0.46. Approximately 94,154 shares traded hands during trading, a decline of 9% from the average daily volume of 103,592 shares. The stock had previously closed at C$0.40.
Touchstone Exploration Trading Up 7.5 %
The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.69 and a current ratio of 0.88. The company’s 50 day moving average is C$0.55 and its 200 day moving average is C$0.56. The stock has a market capitalization of C$101.66 million, a price-to-earnings ratio of -5.00, a PEG ratio of 4.01 and a beta of 0.70.
About Touchstone Exploration
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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