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Torchlight Energy Resources (NASDAQ:TRCH) Director Jerry D. Barney sold 2,456 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $3.95, for a total value of $9,701.20. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Torchlight Energy Resources (NASDAQ:TRCH) opened at 3.9542 on Friday. Torchlight Energy Resources has a one year low of $2.11 and a one year high of $6.75. The stock’s 50-day moving average is $3.89 and its 200-day moving average is $4.53. The company’s market cap is $74.8 million.

Torchlight Energy Resources (NASDAQ:TRCH) last released its earnings data on Thursday, May 15th. The company reported ($0.48) earnings per share (EPS) for the quarter. Analysts expect that Torchlight Energy Resources will post $-0.18 EPS for the current fiscal year.

Torchlight Energy Resources, Inc, formerly Pole Perfect Studios, Inc, is engaged in the acquisition, exploration, development and producing of oil and gas properties.

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