Shares of Torq Resources Inc. (CVE:TORQ – Get Free Report) rose 10% during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 163,349 shares changed hands during trading, an increase of 103% from the average daily volume of 80,377 shares. The stock had previously closed at C$0.05.
Torq Resources Price Performance
The firm has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.09. The stock has a market capitalization of C$10.22 million, a PE ratio of -0.79 and a beta of 1.56. The company has a current ratio of 0.18, a quick ratio of 10.31 and a debt-to-equity ratio of -252.10.
About Torq Resources
Torq Resources Inc, a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile.
Read More
- Five stocks we like better than Torq Resources
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
- 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
- 3 ETFs Pairing Market-Beating Returns With High Dividend Yields
Receive News & Ratings for Torq Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torq Resources and related companies with MarketBeat.com's FREE daily email newsletter.
