Torq Resources Inc. (CVE:TORQ – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 30,100 shares changing hands. The stock had previously closed at C$0.04.
Torq Resources Stock Down 12.5%
The company has a current ratio of 0.17, a quick ratio of 10.31 and a debt-to-equity ratio of -248.76. The stock has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.07. The firm has a market cap of C$6.51 million, a price-to-earnings ratio of -0.70 and a beta of 1.24.
About Torq Resources
Torq Resources Inc, a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile.
Further Reading
- Five stocks we like better than Torq Resources
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Torq Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torq Resources and related companies with MarketBeat.com's FREE daily email newsletter.
