Tarku Resources Ltd. (CVE:TKU – Get Free Report) shares shot up 50% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 706,000 shares traded hands during mid-day 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 firm has a market cap of C$1.90 million, a P/E ratio of -2.50 and a beta of -0.25. The company has a debt-to-equity ratio of 5.36, a current ratio of 0.27 and a quick ratio of 1.32. The stock’s 50-day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01.
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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