Tarku Resources (CVE:TKU) Sets New 1-Year Low – Here’s Why

Tarku Resources Ltd. (CVE:TKU) shares reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 13500 shares traded. The stock had previously closed at C$0.01.

Tarku Resources Stock Performance

The business’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.02. 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 company has a market cap of C$1.27 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.