Touchstone Exploration (TSE:TXP) Announces Quarterly Earnings Results

Touchstone Exploration (TSE:TXP) released its earnings results on Thursday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$13.81 million during the quarter. Touchstone Exploration had a negative return on equity of 19.06% and a negative net margin of 20.31%.

Touchstone Exploration Price Performance

Shares of TSE:TXP opened at C$0.13 on Friday. The company has a 50-day moving average price of C$0.23 and a two-hundred day moving average price of C$0.28. Touchstone Exploration has a twelve month low of C$0.11 and a twelve month high of C$0.56. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 42.94. The firm has a market capitalization of C$40.59 million, a PE ratio of 12.50, a P/E/G ratio of 4.01 and a beta of 1.32.

Touchstone Exploration Company Profile

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights.