Torrent Capital Ltd. (CVE:TORR – Get Free Report) shares rose 14% during trading on Friday. The company traded as high as C$0.57 and last traded at C$0.57. Approximately 1,000 shares traded hands during trading, a decline of 94% from the average session volume of 17,106 shares. The stock had previously closed at C$0.50.
Torrent Capital Price Performance
The stock has a market cap of C$21.76 million, a P/E ratio of 5.18 and a beta of -0.08. The firm’s fifty day moving average price is C$0.56 and its two-hundred day moving average price is C$0.52.
Torrent Capital Company Profile
Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.
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