Touchstone Exploration (TSE:TXP) Reaches New 12-Month Low – Should You Sell?

Touchstone Exploration Inc. (TSE:TXPGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock 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 1.3 %

The company has a debt-to-equity ratio of 42.94, a quick ratio of 0.69 and a current ratio of 0.83. The stock’s 50-day simple moving average is C$0.44 and its 200-day simple moving average is C$0.51. The firm has a market capitalization of C$66.42 million, a PE ratio of -7.55, a P/E/G ratio of 4.01 and a beta of 0.70.

Touchstone Exploration Company Profile

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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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