Torrent Capital Ltd. (CVE:TORR – Get Free Report)’s share price fell 1% on Monday. The stock traded as low as C$0.50 and last traded at C$0.50. 2,000 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 15,843 shares. The stock had previously closed at C$0.51.
Torrent Capital Trading Down 1.0%
The company has a market cap of C$19.09 million, a price-to-earnings ratio of 4.55 and a beta of 0.34. The business has a fifty day moving average of C$0.56 and a two-hundred day moving average of C$0.54.
About Torrent Capital
Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.
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