Thungela Resources Limited (LON:TGA – Get Free Report) rose 3% on Tuesday . The stock traded as high as GBX 469.50 and last traded at GBX 468.50. Approximately 130,167 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 676,840 shares. The stock had previously closed at GBX 455.
Thungela Resources Price Performance
The business has a fifty day moving average of GBX 542.59 and a 200-day moving average of GBX 572.20. The company has a current ratio of 1.73, a quick ratio of 3.53 and a debt-to-equity ratio of 0.54. The firm has a market cap of £632.60 million, a PE ratio of -0.09 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. It also holds 85% of the Ensham Mine located in Queensland, Australia.
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