Tarku Resources (CVE:TKU) Sets New 52-Week Low – Should You Sell?

Tarku Resources Ltd. (CVE:TKUGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 796000 shares traded. The stock had previously closed at C$0.02.

Tarku Resources Stock Down 33.3 %

The business’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.02. The company has a quick ratio of 1.32, a current ratio of 0.27 and a debt-to-equity ratio of 5.36. The firm has a market capitalization of C$1.27 million, a PE ratio of -2.50 and a beta of -0.25.

About Tarku Resources

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

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