Thungela Resources Limited (LON:TGA – Get Free Report)’s stock price rose 2.2% during mid-day trading on Wednesday . The company traded as high as GBX 501 ($6.46) and last traded at GBX 484 ($6.24). Approximately 117,426 shares were traded during trading, a decline of 8% from the average daily volume of 127,134 shares. The stock had previously closed at GBX 473.40 ($6.10).
Thungela Resources Stock Performance
The business has a fifty day moving average price of GBX 544.83 and a 200-day moving average price of GBX 532.57. 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 stock has a market capitalization of £15.26 billion, a P/E ratio of 4.67 and a beta of -0.87.
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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