Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Touchstone Exploration Inc. operates as an upstream energy company, concentrating on the exploration, development, production, and sale of petroleum and natural gas. All its operational endeavors are conducted within the Republic of Trinidad and Tobago. The company holds interests in numerous privately leased mineral properties and manages two separate exploration blocks, with a particular strategic focus on the Ortoire exploration block. Having initially operated as Petrobank Energy and Resources Ltd., the firm officially changed its name to Touchstone Exploration Inc. in May 2014. The company was founded in 2012, and its main corporate office is located in Calgary, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on E
Target Price
The average target price of TXP.TO is 0.15 and suggests 3.45% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat