Key Points
- Director Kenneth Richard Mckinnon bought 865,000 shares on Nov. 18 at C$0.12 each (C$103,800 total), raising his stake 84.24% to 1,891,888 shares valued at about C$227,026.56; he also bought 5,000 shares on Nov. 17 at the same price.
- TXP stock weakness: the shares opened at C$0.14 (down 3.4%), trade below their 50‑day (C$0.18) and 200‑day (C$0.25) averages, and sit in a 52‑week range of C$0.11–C$0.52 with a market cap of C$45.46M.
- Company financials: Touchstone reported quarterly EPS of C($0.01), negative ROE (19.06%) and net margin (−20.31%) on C$13.81M revenue, while analysts forecast about 0.0648 EPS for the current fiscal year.
Touchstone Exploration Inc. (TSE:TXP - Get Free Report) Director Kenneth Richard Mckinnon acquired 865,000 shares of the company's stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average cost of C$0.12 per share, with a total value of C$103,800.00. Following the acquisition, the director owned 1,891,888 shares of the company's stock, valued at approximately C$227,026.56. This represents a 84.24% increase in their position.
Kenneth Richard Mckinnon also recently made the following trade(s):
- On Monday, November 17th, Kenneth Richard Mckinnon bought 5,000 shares of Touchstone Exploration stock. The stock was acquired at an average cost of C$0.12 per share, for a total transaction of C$600.00.
Touchstone Exploration Trading Down 3.4%
TXP stock opened at C$0.14 on Friday. The business has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.25. The company has a debt-to-equity ratio of 42.94, a current ratio of 0.83 and a quick ratio of 0.69. Touchstone Exploration Inc. has a fifty-two week low of C$0.11 and a fifty-two week high of C$0.52. The stock has a market capitalization of C$45.46 million, a price-to-earnings ratio of -14.00, a P/E/G ratio of 4.01 and a beta of 1.22.
Touchstone Exploration (TSE:TXP - Get Free Report) last announced its earnings results on Thursday, November 13th. The company reported C($0.01) EPS for the quarter. Touchstone Exploration had a negative return on equity of 19.06% and a negative net margin of 20.31%.The business had revenue of C$13.81 million for the quarter. Analysts expect that Touchstone Exploration Inc. will post 0.0647727 EPS for the current fiscal year.
About Touchstone Exploration
(
Get Free Report)
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.
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