Torq Resources Inc. (CVE:TORQ – Get Free Report) was up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 220,147 shares changed hands during trading, an increase of 151% from the average daily volume of 87,573 shares. The stock had previously closed at C$0.06.
Torq Resources Price Performance
The company has a current ratio of 0.08, a quick ratio of 10.31 and a debt-to-equity ratio of -147.04. The stock has a market capitalization of C$11.13 million, a PE ratio of -0.95 and a beta of 0.84. The firm’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.06.
Torq Resources Company Profile
Torq Resources Inc, a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile.
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