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

Shares of Tarku Resources Ltd. (CVE:TKUGet Free Report) dropped 50% during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 203,135 shares changed 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 Trading 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 company has a market capitalization of C$633,700.00, a price-to-earnings ratio of -2.50 and a beta of -0.25. The company has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.01.

About Tarku Resources

(Get Free Report)

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.

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