Tarku Resources Ltd. (CVE:TKU – Get Free Report) shares were up 50% on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 706,000 shares were traded during mid-day trading, an increase of 891% from the average daily volume of 71,273 shares. The stock had previously closed at C$0.01.
Tarku Resources Price Performance
The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. 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 company has a market capitalization of C$1.90 million, a price-to-earnings ratio of -2.50 and a beta of -0.25.
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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