Tarku Resources (CVE:TKU) Hits New 1-Year Low – Time to Sell?

Tarku Resources Ltd. (CVE:TKU) reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 619625 shares. The stock had previously closed at C$0.02.

Tarku Resources Stock Up 50.0 %

The company has a debt-to-equity ratio of 5.36, a current ratio of 0.27 and a quick ratio of 1.32. The business has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The firm has a market cap of C$1.90 million, a price-to-earnings ratio of -2.50 and a beta of -0.25.

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.