Tarku Resources (CVE:TKU) Hits New 12-Month Low – Here’s Why

Tarku Resources Ltd. (CVE:TKUGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 13500 shares changing hands. The stock had previously closed at C$0.01.

Tarku Resources Stock Performance

The company has a debt-to-equity ratio of 5.36, a quick ratio of 1.32 and a current ratio of 0.27. The firm has a market cap of C$1.27 million, a price-to-earnings ratio of -2.50 and a beta of -0.25. The firm’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.02.

About Tarku Resources

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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.

Further Reading

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