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

Tarku Resources Ltd. (CVE:TKU)’s share price reached a new 52-week low during trading on Tuesday . The stock 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 Price Performance

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 stock’s 50 day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02. The firm has a market capitalization of C$1.27 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.