Thungela Resources Limited (LON:TGA – Get Free Report) shares traded down 8.4% during trading on Tuesday . The stock traded as low as GBX 417.13 and last traded at GBX 424. 498,036 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 720,564 shares. The stock had previously closed at GBX 463.
Thungela Resources Trading Down 8.4%
The company has a 50-day simple moving average of GBX 600.57 and a 200 day simple moving average of GBX 570.95. The company has a market capitalization of £539.68 million, a P/E ratio of -0.08 and a beta of -0.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.53 and a current ratio of 1.73.
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.
Further Reading
- Five stocks we like better than Thungela Resources
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
- These 3 Dividend Stocks Could Boost Your Income This July
- Rocket Lab Defies Gravity With $8B Buyout
- Even CEOs Need Cash: Insider Selling Is Not the Only Signal in AI Stocks
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.
