Thungela Resources Limited (LON:TGA – Get Free Report)’s share price was up 7% during mid-day trading on Tuesday . The stock traded as high as GBX 575 ($7.21) and last traded at GBX 567.50 ($7.12). Approximately 107,009 shares changed hands during trading, a decline of 37% from the average daily volume of 170,798 shares. The stock had previously closed at GBX 530.50 ($6.66).
Thungela Resources Price Performance
The firm has a market cap of £754.89 million, a price-to-earnings ratio of 540.48 and a beta of -0.87. The company has a current ratio of 1.89, a quick ratio of 3.53 and a debt-to-equity ratio of 0.51. The stock’s fifty day moving average price is GBX 560.67 and its 200-day moving average price is GBX 518.08.
About Thungela Resources
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.
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