Touchstone Exploration Inc NPV (DI) (TXP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

43.50p
   
  • Change Today:
      1.00p
  • 52 Week High: 92.00
  • 52 Week Low: 40.50
  • Currency: UK Pounds
  • Shares Issued: 234.21m
  • Volume: 321,643
  • Market Cap: £101.88m

Touchstone Exploration draws $15m loan to satisfy former facility

By Josh White

Date: Tuesday 16 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Touchstone Exploration announced on Tuesday the conditions precedent of its previously-announced $20m (£15.83m), seven-year term loan agreement with Republic Bank have been satisfied.

The AIM-traded firm said it withdrew $15m to satisfy obligations relating to prepaying its former CAD 20m (£11.66m) credit facility.

"Pursuant to the term loan, Touchstone has the option to withdraw the remaining $5m available balance prior to 15 June 2021," the board said in its statement.

At 1131 BST, shares in Touchstone Exploration were up 0.1% at 50.55p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

TXP Market Data

Currency UK Pounds
Share Price 43.50p
Change Today 1.00p
% Change 2.35 %
52 Week High 92.00
52 Week Low 40.50
Volume 321,643
Shares Issued 234.21m
Market Cap £101.88m

TXP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.3% below the market average34.3% below the market average34.3% below the market average34.3% below the market average34.3% below the market average
65.79% below the sector average65.79% below the sector average65.79% below the sector average65.79% below the sector average65.79% below the sector average
Price Trend
67.68% below the market average67.68% below the market average67.68% below the market average67.68% below the market average67.68% below the market average
23.46% below the sector average23.46% below the sector average23.46% below the sector average23.46% below the sector average23.46% below the sector average
Income Not Available
Growth
14.41% below the market average14.41% below the market average14.41% below the market average14.41% below the market average14.41% below the market average
50.94% below the sector average50.94% below the sector average50.94% below the sector average50.94% below the sector average50.94% below the sector average

What The Brokers Say

Strong Buy 1
Buy 3
Neutral 0
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TXP Dividends

No dividends found

Trades for 17-Apr-2024

Time Volume / Share Price
16:10 20,000 @ 44.00p
16:10 20,000 @ 44.00p
16:08 428 @ 43.70p
16:06 18,170 @ 44.00p
15:51 5,000 @ 43.95p

TXP Key Personnel

Chair John D. Wright

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