Thungela Resources Limited (LON:TGA – Get Free Report)’s stock price shot up 0.8% during trading on Friday . The company traded as high as GBX 360 and last traded at GBX 356.50. 262,461 shares were traded during trading, a decline of 1% from the average session volume of 264,237 shares. The stock had previously closed at GBX 353.50.
Thungela Resources Stock Up 0.8%
The firm has a market capitalization of £458.36 million, a P/E ratio of 0.19 and a beta of -0.87. 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’s 50-day moving average is GBX 354.47 and its 200 day moving average is GBX 372.50.
About Thungela Resources
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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