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Touchstone Exploration ( (TSE:TXP) ) has shared an announcement.
Touchstone Exploration Inc. announced that all matters presented at its 2025 annual shareholders’ meeting were approved. The meeting, held virtually, saw the election of six directors and the appointment of KPMG LLP as auditors. The approval of these resolutions reflects strong shareholder support and is expected to positively impact the company’s governance and operational oversight.
The most recent analyst rating on (TSE:TXP) stock is a Buy with a C$60.00 price target. To see the full list of analyst forecasts on Touchstone Exploration stock, see the TSE:TXP Stock Forecast page.
Spark’s Take on TSE:TXP Stock
According to Spark, TipRanks’ AI Analyst, TSE:TXP is a Neutral.
Touchstone Exploration’s overall stock score reflects strengths in revenue growth and operational efficiency, but significant challenges persist with ongoing net losses and negative cash flow. The technical analysis suggests a bearish trend, and the negative P/E ratio indicates unprofitability. The absence of earnings call data and corporate events does not provide additional insights.
To see Spark’s full report on TSE:TXP stock, click here.
More about Touchstone Exploration
Touchstone Exploration Inc. is a Calgary, Alberta-based company focused on acquiring interests in petroleum and natural gas rights, as well as the exploration, development, production, and sale of petroleum and natural gas. The company operates primarily in onshore properties located in the Republic of Trinidad and Tobago and its shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol ‘TXP’.
Average Trading Volume: 83,359
Technical Sentiment Signal: Sell
Current Market Cap: C$87.49M
For detailed information about TXP stock, go to TipRanks’ Stock Analysis page.