TRU Precious Metals (CVE:TRU) Stock Price Down 25% – Here’s Why

TRU Precious Metals Corp. (CVE:TRUGet Free Report) dropped 25% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 125,000 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 67,369 shares. The stock had previously closed at C$0.02.

TRU Precious Metals Stock Performance

The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a market cap of C$2.48 million, a P/E ratio of -1.50 and a beta of 2.10. The company has a quick ratio of 5.78, a current ratio of 13.41 and a debt-to-equity ratio of 2.41.

TRU Precious Metals Company Profile

(Get Free Report)

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.

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