TRU Precious Metals (CVE:TRU) Shares Up 12.5% – Still a Buy?

TRU Precious Metals Corp. (CVE:TRUGet Free Report)’s share price rose 12.5% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 200,000 shares were traded during trading, an increase of 33% from the average daily volume of 150,840 shares. The stock had previously closed at C$0.04.

TRU Precious Metals Price Performance

The company’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$6.58 million, a P/E ratio of -3.00 and a beta of 1.19.

About TRU Precious Metals

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TRU Precious Metals Corp. engages in mineral exploration and development activities in Canada. It is exploring for gold and copper in the Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project located in Central Newfoundland, Canada. The company was formerly known as Trius Investments Inc and changed its name to TRU Precious Metals Corp. in October 2020. TRU Precious Metals Corp. was incorporated in 2021 and is headquartered in Fredericton, Canada.

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