Thungela Resources Limited (LON:TGA – Get Free Report)’s stock price traded down 0.3% on Friday . The company traded as low as GBX 638 and last traded at GBX 650. 152,042 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 800,418 shares. The stock had previously closed at GBX 652.
Thungela Resources Stock Down 0.3%
The firm has a market capitalization of £827.35 million, a P/E ratio of -0.12 and a beta of -0.87. 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 business’s fifty day moving average price is GBX 662.40 and its two-hundred day moving average price is GBX 536.60.
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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