Tarku Resources Ltd. (CVE:TKU – Get Free Report) rose 50% during mid-day trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 122,746 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 89,702 shares. The stock had previously closed at C$0.01.
Tarku Resources Stock Performance
The company has a market capitalization of C$1.90 million, a price-to-earnings ratio of -2.50 and a beta of -0.25. The stock has a 50 day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a quick ratio of 1.32, a current ratio of 0.27 and a debt-to-equity ratio of 5.36.
About Tarku Resources
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.
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