Tarku Resources Ltd. (CVE:TKU – Get Free Report) shot up 50% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 706,000 shares changed hands during trading, an increase of 891% from the average session volume of 71,273 shares. The stock had previously closed at C$0.01.
Tarku Resources Price Performance
The company has a current ratio of 0.27, a quick ratio of 1.32 and a debt-to-equity ratio of 5.36. The firm’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The stock has a market capitalization of C$1.90 million, a PE ratio of -2.50 and a beta of -0.25.
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.
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