Tarku Resources (CVE:TKU) Trading Down 20%

Tarku Resources Ltd. (CVE:TKU)’s stock price traded down 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 194,309 shares traded hands during trading, an increase of 64% from the average session volume of 118,179 shares. The stock had previously closed at C$0.03.

Tarku Resources Trading Down 20.0 %

The stock’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. 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 firm has a market capitalization of C$2.53 million, a P/E ratio of -2.50 and a beta of -0.19.

About Tarku Resources

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.