Touchstone Exploration Inc. (LON:TXP – Get Free Report) insider Peter William Nicol purchased 650,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average price of GBX 7 per share, with a total value of £45,500.
Touchstone Exploration Price Performance
Shares of LON TXP opened at GBX 6.95 on Thursday. Touchstone Exploration Inc. has a 1-year low of GBX 5.70 and a 1-year high of GBX 30.50. The company has a market capitalization of £22.57 million, a price-to-earnings ratio of 6.95 and a beta of 0.70. The business has a 50-day moving average of GBX 10.39 and a 200-day moving average of GBX 13.84.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on TXP shares. Canaccord Genuity Group decreased their price target on Touchstone Exploration from GBX 34 to GBX 32 and set a “speculative buy” rating for the company in a report on Thursday, November 13th. Shore Capital restated a “house stock” rating on shares of Touchstone Exploration in a research note on Thursday, August 14th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 46.
About Touchstone Exploration
Touchstone Exploration Inc is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is one of the largest independent onshore oil producers in Trinidad, with an experienced management and executive team that have a track record of delivering value to shareholders.
The Company’s strategy is to leverage the Board’s extensive oil recovery experience and capability to develop international onshore properties that create shareholder value.
In Trinidad, the Company’s interests in approximately 90,000 gross acres of exploration and development rights make it one of the largest independent onshore oil producers in Trinidad.
Recommended Stories
- Five stocks we like better than Touchstone Exploration
- What is the S&P/TSX Index?
- 3 Stocks Poised to Benefit From Google’s AI Breakthough
- Breakout Stocks: What They Are and How to Identify Them
- Beyond NVIDIA: 5 Semiconductor Stocks Set to Dominate 2026
- The Most Important Warren Buffett Stock for Investors: His Own
- 3 Stocks You’ll Wish You Bought Before 2026
Receive News & Ratings for Touchstone Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Touchstone Exploration and related companies with MarketBeat.com's FREE daily email newsletter.
