![]() , through its subsidiaries, engages in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the United States. This would suggest that Torchlight Energy Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk. The market (NASDAQ average) beta is 1, while Torchlight Energy Resources's is 2.0304. volatility (beta: 1.00) Low Highīeta is a measure of a share's volatility in relation to the market. A popular way to gauge a stock's volatility is its "beta". Over the last 12 months, Torchlight Energy Resources's shares have ranged in value from as little as $0 up to $0. Torchlight Energy Resources share price volatility However, indirectly, the new 75% lower share price could have impacted the market appetite for Torchlight Energy Resources shares which in turn could have impacted Torchlight Energy Resources's share price. ![]() This wouldn't directly have changed the overall worth of your Torchlight Energy Resources shares – just the quantity. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. Torchlight Energy Resources's shares were split on a 4:1 basis on 15 December 2010. Have Torchlight Energy Resources's shares ever split? ![]() We're not expecting Torchlight Energy Resources to pay a dividend over the next 12 months. TTM: trailing 12 months Torchlight Energy Resources share dividends Torchlight Energy Resources financials Revenue TTM
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