Tarku Resources (CVE:TKU) Trading Down 50% – Here’s Why

Tarku Resources Ltd. (CVE:TKUGet Free Report)’s share price traded down 50% on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. 203,135 shares were traded during mid-day trading, an increase of 215% from the average session volume of 64,513 shares. The stock had previously closed at C$0.01.

Tarku Resources Trading Down 50.0%

The business has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.01. The stock has a market capitalization of C$633,700.00, a price-to-earnings ratio of -2.50 and a beta of -0.25. The company has a debt-to-equity ratio of 5.36, a quick ratio of 1.32 and a current ratio of 0.27.

About Tarku Resources

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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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