Timberline Resources Co. (CVE:TBR – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.16, with a volume of 176000 shares trading hands. The stock had previously closed at C$0.15.
Timberline Resources Price Performance
The company has a debt-to-equity ratio of 1.90, a quick ratio of 8.18 and a current ratio of 2.02. The company has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.07. The firm has a market capitalization of C$29.45 million, a price-to-earnings ratio of -6.00 and a beta of 1.60.
About Timberline Resources
Timberline Resources Corporation explores, evaluates, acquires, and develops mineral properties in the United States. It primarily explores for gold, silver, and copper deposits. The company's flagship property is the Eureka project, which covers an area of approximately 18,464 acres located in the southern part of the Eureka mining district, Nevada.
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