Tarku Resources (CVE:TKU) Shares Down 33.3% – Here’s What Happened

Tarku Resources Ltd. (CVE:TKUGet Free Report)’s stock price fell 33.3% on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. 1,254,000 shares changed hands during mid-day trading, an increase of 1,440% from the average session volume of 81,421 shares. The stock had previously closed at C$0.02.

Tarku Resources Stock Down 33.3%

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

About Tarku Resources

(Get Free Report)

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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