TRU Precious Metals (CVE:TRU) Shares Down 25% – Here’s Why

TRU Precious Metals Corp. (CVE:TRUGet Free Report) was down 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 138,000 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 141,494 shares. The stock had previously closed at C$0.02.

TRU Precious Metals Stock Performance

The stock has a market cap of C$2.48 million, a P/E ratio of -1.50 and a beta of 2.10. The firm’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a quick ratio of 5.78, a current ratio of 13.41 and a debt-to-equity ratio of 2.41.

About TRU Precious Metals

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TRU Precious Metals Corp. engages in mineral exploration and development activities in Canada. It is exploring for gold and copper in the Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project located in Central Newfoundland, Canada. The company was formerly known as Trius Investments Inc and changed its name to TRU Precious Metals Corp.

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