Market Flash

Bitesize analysis of stocks, indices, commodities, and forex delivered more frequently through the trading day.

Cup & Handle pattern points to continued rise for Touchstone Exploration (TXP)

Touchstone Exploration’s (LSE:TXP) share price has steadily climbed over the past six months in response to its production growth.  With the share price topping 18p yesterday, the market appears to be finally acknowledging the progress made by the company as it fast approaches its target of 2000 bopd, ahead of schedule. ValueTheMarkets has covered this…

Buy signal ahead of drilling activities for gold play Stratex? (STI)

Stratex International’s (LSE:STI) share price is still in the doldrums after infighting between its old board and shareholders disrupted the company last year. Since then, Stratex has brought in new directors including CEO Tim Livesey and fine-tuned its exploration focus. With a drilling commencing at its Dalafin asset and a successful fundraise under its belt,…

Coro Energy dips: another chance to enter well below placing price? (CORO)

Echo Energy’s (LSE:ECHO) sister company Coro Energy (LSE:CORO) has been drifting as investors await news on deals and potential acquisitions. If Echo’s recent progress is anything to go by, things could get very exciting over at Coro in due course. The company acquired Sound Energy’s Italian assets and successfully raised £14m in an oversubscribed placing…