
Past performance of a security may or may not be sustained in future and is no indication of future performance. Investments in securities are subject to market and other risks. It is a projection/opinion and not a statement of fact. The Quantitative Fair Value Estimate is calculated daily. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company.

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today.

TRCHs rank also includes a long-term technical score of 22. That rank is chiefly influenced by a fundamental score of 0. For detail information about the Morningstar Star Rating for Stocks, please visit here Torchlight Energy Resources Inc stock has risen 266.67 over the last 12 months, and the average rating from Wall Street analysts is a Hold.InvestorsObserver’s proprietary ranking system, gives TRCH stock a score of 21 out of a possible 100.
#TORCHLIGHT STOCK PRICE FREE#
Free forex prices, toplists, indices and lots more. Stock Symbol NASDAQ:TRCH Company Type For Profit. Past performance of a security may or may not be sustained in future and is no indication of future performance. (TRCH) stock price, charts, trades & the US's most popular discussion forums. Torchlight to acquire META through the issuance of common stock, such that at closing, the former equity holders of Torchlight would own 25 of the combined company (the Combined Company) with the former equity holders of META owning the remaining 75 and META becoming a wholly-owned subsidiary of Torchlight. The stock hit its all-time high of 10.88 on. Investments in securities are subject to market and other risks. Shares of oil and gas producer Torchlight Energy Resources TRCH rallied more than 200 over the past month to close the last trading session at 7.00. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. A 5-star represents a belief that the stock is a good value at its current price a 1-star stock isn't. This process culminates in a single-point star rating that is updated daily. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value.

It is projection/opinion and not a statement of fact. The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value.
