Torq Resources (CVE:TORQ) Trading 7.7% Higher

Torq Resources Inc. (CVE:TORQ)’s share price traded up 7.7% during trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.14. 37,500 shares were traded during trading, a decline of 61% from the average session volume of 95,753 shares. The stock had previously closed at C$0.13.

Torq Resources Trading Down 12.9 %

The firm has a 50-day moving average of C$0.17 and a 200-day moving average of C$0.22. The company has a debt-to-equity ratio of 59.80, a quick ratio of 10.31 and a current ratio of 1.22. The firm has a market capitalization of C$18.03 million, a P/E ratio of -0.86 and a beta of 0.92.

Torq Resources Company Profile

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.