Thungela Resources Limited (LON:TGA – Get Free Report) was up 3% during trading on Tuesday . The company traded as high as GBX 469.50 and last traded at GBX 468.50. 130,167 shares were traded during trading, a decline of 81% from the average daily volume of 676,840 shares. The stock had previously closed at GBX 455.
Thungela Resources Stock Performance
The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.53 and a current ratio of 1.73. The firm has a market cap of £596.33 million, a P/E ratio of -0.09 and a beta of -0.87. The firm’s fifty day moving average price is GBX 545.13 and its 200 day moving average price is GBX 571.81.
Thungela Resources Company Profile
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. It also holds 85% of the Ensham Mine located in Queensland, Australia.
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