Thungela Resources Limited (LON:TGA – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 572.44 and traded as low as GBX 566. Thungela Resources shares last traded at GBX 567, with a volume of 350,832 shares changing hands.
Thungela Resources Trading Up 2.1%
The firm has a market capitalization of £735.89 million, a P/E ratio of -0.13 and a beta of -0.87. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.53 and a current ratio of 1.62. The firm has a 50 day moving average price of GBX 598.01 and a two-hundred day moving average price of GBX 572.44.
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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