TRU Precious Metals (CVE:TRU) Trading 33.3% Higher – Still a Buy?

TRU Precious Metals Corp. (CVE:TRUGet Free Report)’s stock price shot up 33.3% during trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 271,000 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 197,861 shares. The stock had previously closed at C$0.03.

TRU Precious Metals Trading Up 33.3%

The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05. The company has a market capitalization of C$6.62 million, a price-to-earnings ratio of -3.00 and a beta of 1.12.

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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