Tarku Resources (CVE:TKU) Hits New 1-Year Low – Should You Sell?

by · The Cerbat Gem

Tarku Resources Ltd. (CVE:TKU – Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 619625 shares trading hands. The stock had previously closed at C$0.02.

Tarku Resources Trading Down 33.3 %

The firm has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock 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 debt-to-equity ratio of 5.36, a quick ratio of 1.32 and a current ratio of 0.27.

Tarku Resources Company Profile

(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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