Thungela Resources (LON:TGA) Trading 0.8% Higher – Here’s What Happened

Thungela Resources Limited (LON:TGAGet Free Report) traded up 0.8% during mid-day trading on Friday . The stock traded as high as GBX 360 and last traded at GBX 356.50. 262,461 shares traded hands during trading, a decline of 1% from the average session volume of 264,237 shares. The stock had previously closed at GBX 353.50.

Thungela Resources Stock Performance

The company has a quick ratio of 3.53, a current ratio of 1.89 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of £458.36 million, a price-to-earnings ratio of 0.19 and a beta of -0.87. The company has a 50-day moving average price of GBX 354.47 and a 200-day moving average price of GBX 372.43.

Thungela Resources Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Thungela Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thungela Resources and related companies with MarketBeat.com's FREE daily email newsletter.