Tarku Resources (CVE:TKU) Reaches New 12-Month Low – Here’s What Happened

Tarku Resources Ltd. (CVE:TKU) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 209000 shares changing hands. The stock had previously closed at C$0.02.

Tarku Resources Trading Down 33.3 %

The firm has a market cap of C$1.27 million, a price-to-earnings ratio of -2.50 and a beta of -0.25. 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 company has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.02.

About Tarku Resources

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.