Tarku Resources (CVE:TKU) Shares Down 28.6%

Shares of Tarku Resources Ltd. (CVE:TKU) fell 28.6% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 183,000 shares were traded during mid-day trading, an increase of 84% from the average session volume of 99,406 shares. The stock had previously closed at C$0.04.

Tarku Resources Stock Performance

The business has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a quick ratio of 1.32, a current ratio of 0.50 and a debt-to-equity ratio of 4.79. The firm has a market cap of C$3.80 million, a PE ratio of -2.50 and a beta of -0.08.

Tarku Resources Company Profile

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