Tarku Resources (CVE:TKU) Reaches New 1-Year Low – Time to Sell?

Tarku Resources Ltd. (CVE:TKU)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 15533 shares. The stock had previously closed at C$0.01.

Tarku Resources Stock Performance

The company has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The stock has a market cap of C$1.27 million, a P/E ratio of -2.50 and a beta of -0.25. The company has a current ratio of 0.27, a quick ratio of 1.32 and a debt-to-equity ratio of 5.36.

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.