Touchstone Exploration Inc. (LON:TXP – Get Free Report) was up 8.1% on Monday . The stock traded as high as GBX 8.35 and last traded at GBX 8. 1,924,132 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 832,911 shares. The stock had previously closed at GBX 7.40.

The business’s fifty day simple moving average is GBX 6.96 and its 200 day simple moving average is GBX 8.40. The stock has a market cap of £28.11 million, a price-to-earnings ratio of 2.67 and a beta of 0.00.

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Touchstone is incorporated under the laws of Alberta, Canada with its head office located in Calgary, Alberta. The Company, through its subsidiaries, is a petroleum and natural gas exploration and production company active in the Republic of Trinidad and Tobago (“Trinidad”). Touchstone is currently one of the largest independent onshore oil and natural gas producers in Trinidad, with assets in several reservoirs that have an extensive internally estimated inventory of petroleum and natural gas development and exploration opportunities.

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