TORCHLIGHT ENERGY NEWS FULL

Torchlight Energy Resources has a cash-to-debt ratio of 0.01, which is in the bottom 10% of the companies in Oil & Gas industry.

Looking at the cash-to-debt ratio and interest coverage is a great starting point for understanding the financial strength of a company. Thus, it is important to carefully review the financial strength of a company before deciding whether to buy its stock. Investing in companies with poor financial strength has a higher risk of permanent loss of capital. Ivan Penn reports on the new sources we rely on to power our world. In addition to scoring higher than 98 percent of stocks in the Energy sector, TRCH’s 89 overall rating means the stock scores better than 89 of all stocks. Link: These companies may deliever higher future returns at reduced risk. An Energy Correspondent Hunts for Alternatives. The 89 rating InvestorsObserver gives to Torchlight Energy Resources Inc stock puts it near the top of the Energy sector. Torchlight Energy Resources Stock Appears To Be Significantly Overvaluedīecause Torchlight Energy Resources is significantly overvalued, the long-term return of its stock is likely to be much lower than its future business growth. Warning! GuruFocus has detected 8 Warning Signs with TRCH. That's the day the company merged with Metamaterials to form Meta Materials (NASDAQ: MMAT ). GF Value for Torchlight Energy Resources is shown in the chart below. June 28 was a significant day for anyone invested in Torchlight Energy Resources (NASDAQ: TRCH ). At its current price of $1.85 per share and the market cap of $268.8 million, Torchlight Energy Resources stock shows every sign of being significantly overvalued. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.

TORCHLIGHT ENERGY NEWS FULL

Full Name: Torchlight Energy Resources, Inc.The stock of Torchlight Energy Resources ( NAS:TRCH, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.

The company was founded on Octoand is headquartered in Plano, TX. Its projects include Midland, Orogrande, and Delaware Basin. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Torchlight Energy Resources against related. The firm focuses on drilling and working interest programs. Fawn Creek Township is in Montgomery County. ('Metamaterial') have agreed to extend the date by which Torchlight must give notice of and call its special meeting of stockholders (the 'Stockholder Mee. Fawn Creek Township is located in Kansas with a population of 1,618. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that Torchlight and Metamaterial Inc. engages in the acquisition, exploration, exploitation and development of oil and natural gas properties in the United States. PLANO, TX / ACCESSWIRE / / Torchlight Energy Resources, Inc. stock price prediction is currently bullish. stock price is closed at $ 4.95 with a total market cap valuation of $ 788.32M ( 44M shares outstanding).

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