Touchstone Exploration (TSE:TXP) Insider Jeffrey Wood Purchases 97,000 Shares

Touchstone Exploration Inc. (TSE:TXP) insider Jeffrey Wood bought 97,000 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The shares were acquired at an average price of C$0.22 per share, with a total value of C$21,340.00. Following the completion of the transaction, the insider owned 1,129,800 shares of the company’s stock, valued at approximately C$248,556. The trade was a 9.39% increase in their position.

Touchstone Exploration Price Performance

TSE:TXP opened at C$0.22 on Thursday. Touchstone Exploration Inc. has a twelve month low of C$0.21 and a twelve month high of C$0.69. The company has a market cap of C$57.44 million, a price-to-earnings ratio of 22.00, a price-to-earnings-growth ratio of 4.01 and a beta of 1.31. The stock has a fifty day simple moving average of C$0.25 and a 200-day simple moving average of C$0.30. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 42.94.

Touchstone Exploration Company Profile

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.