Tarku Resources (CVE:TKU) Sets New 12-Month Low – Should You Sell?

Shares of Tarku Resources Ltd. (CVE:TKU) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 20000 shares trading hands. The stock had previously closed at C$0.02.

Tarku Resources Stock Performance

The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market cap of C$1.90 million, a price-to-earnings ratio of -2.50 and a beta of -0.25. The company has a quick ratio of 1.32, a current ratio of 0.27 and a debt-to-equity ratio of 5.36.

Tarku Resources Company Profile

Tarku Resources Ltd. engages in the exploration of mineral resources in Quebec and Arizona. The company explores for gold, lead, zinc, silver, copper, nickel, cobalt, and platinum group element deposits. It holds 100% interests in the Apollo project covering 96 claims with an area of 5,273 hectares; Admiral project comprising 78 claims with an area of 4,334 hectares; and Atlas project consisting of 74 claims with an area of 4,111 hectares located in Quebec.