Thungela Resources Limited (LON:TGA – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 579 and last traded at GBX 570.81, with a volume of 1615472 shares. The stock had previously closed at GBX 508.
Thungela Resources Trading Up 12.2%
The company has a debt-to-equity ratio of 0.16, a current ratio of 1.88 and a quick ratio of 3.53. The firm has a market cap of £732.87 million, a price-to-earnings ratio of 0.30 and a beta of -0.87. The firm’s fifty day moving average is GBX 469.74 and its 200-day moving average is GBX 407.49.
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.
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