Thungela Resources Limited (LON:TGA – Get Free Report)’s share price was up 10.6% during mid-day trading on Monday . The stock traded as high as GBX 506 and last traded at GBX 495. 653,394 shares changed hands during trading, an increase of 5% from the average session volume of 624,900 shares. The stock had previously closed at GBX 447.50.
Thungela Resources Stock Performance
The company has a quick ratio of 3.53, a current ratio of 1.73 and a debt-to-equity ratio of 0.54. The stock has a fifty day simple moving average of GBX 475.12 and a 200-day simple moving average of GBX 571.57. The company has a market capitalization of £670.79 million, a P/E ratio of -0.10 and a beta of -0.87.
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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