Torq Resources Inc. (CVE:TORQ – Get Free Report)’s share price hit a new 52-week low on Friday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 336,900 shares trading hands. The stock had previously closed at C$0.04.
Torq Resources Price Performance
The firm has a market capitalization of C$7.44 million, a price-to-earnings ratio of -0.80 and a beta of 1.24. The company has a quick ratio of 10.31, a current ratio of 0.17 and a debt-to-equity ratio of -248.76. The stock’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.06.
Torq Resources Company Profile
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.
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