Tarku Resources (CVE:TKU) Trading Down 33.3% – Should You Sell?

Tarku Resources Ltd. (CVE:TKU)’s stock price traded down 33.3% during trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,254,000 shares changed hands during 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 Price Performance

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

Tarku Resources Company Profile

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.