Tarku Resources (CVE:TKU) Hits New 52-Week Low – What’s Next?

Tarku Resources Ltd. (CVE:TKU)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 2600 shares traded. The stock had previously closed at C$0.02.

Tarku Resources Price Performance

The stock has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.02. The stock has a market capitalization of C$1.27 million, a P/E ratio of -2.50 and a beta of -0.25. The company has a debt-to-equity ratio of 5.36, a quick ratio of 1.32 and a current ratio of 0.27.

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, 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.