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

Shares of Tarku Resources Ltd. (CVE:TKU) reached a new 52-week low during 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 changing hands. The stock had previously closed at C$0.02.

Tarku Resources Stock Down 33.3 %

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 market capitalization of C$1.27 million, a PE ratio of -2.50 and a beta of -0.25. The business’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02.

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.