Tarku Resources (CVE:TKU) Trading Down 20%

Tarku Resources Ltd. (CVE:TKUGet Rating) shares were down 20% on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 111,000 shares traded hands during trading, an increase of 75% from the average daily volume of 63,396 shares. The stock had previously closed at C$0.05.

The company’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. The stock has a market capitalization of C$3.27 million and a price-to-earnings ratio of -1.55. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 12.55.

About Tarku Resources (CVE:TKU)

Tarku Resources Ltd. engages in the exploration of mineral resources in Quebec and Arizona. The company explores for gold, lead, zinc, silver, copper, manganese, nickel, 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.

Read More

Receive News & Ratings for Tarku Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tarku Resources and related companies with MarketBeat.com's FREE daily email newsletter.