Tarku Resources (CVE:TKU) Stock Price Down 50% – What’s Next?

Tarku Resources Ltd. (CVE:TKU) shares were down 50% on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 203,135 shares traded hands during mid-day trading, an increase of 210% from the average daily volume of 65,482 shares. The stock had previously closed at C$0.01.

Tarku Resources Stock Down 50.0%

The company has a current ratio of 0.27, a quick ratio of 1.32 and a debt-to-equity ratio of 5.36. The stock has a market capitalization of C$633,700.00, a P/E ratio of -2.50 and a beta of -0.25. The stock’s 50-day moving average price is C$0.01 and its two-hundred day moving average price 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.