Shares of Tarku Resources Ltd. (CVE:TKU – Get Free Report) shot up 50% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 706,000 shares were traded during mid-day trading, an increase of 891% from the average session volume of 71,273 shares. The stock had previously closed at C$0.01.
Tarku Resources Price Performance
The stock has a market cap of C$1.90 million, a PE ratio of -2.50 and a beta of -0.25. The firm’s fifty day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The company has a quick ratio of 1.32, a current ratio of 0.27 and a debt-to-equity ratio of 5.36.
About Tarku Resources
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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