Shares of Torq Resources Inc. (CVE:TORQ – Get Free Report) rose 25% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 114,987 shares changed hands during mid-day trading, an increase of 51% from the average daily volume of 76,362 shares. The stock had previously closed at C$0.06.
Torq Resources Trading Up 25.0 %
The company’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. The company has a quick ratio of 10.31, a current ratio of 0.22 and a debt-to-equity ratio of 152.74. The company has a market cap of C$10.43 million, a price-to-earnings ratio of -0.63 and a beta of 0.84.
About Torq Resources
Torq Resources Inc, a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile.
See Also
- Five stocks we like better than Torq Resources
- Investing In Preferred Stock vs. Common Stock
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- How to Invest in Insurance Companies: A Guide
- 3 Buy-and-Hold Stocks for Long-Term Growth
- What is a Bond Market Holiday? How to Invest and Trade
- Despite Short-Term Risks Freeport McMoran Worth a Look
Receive News & Ratings for Torq Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torq Resources and related companies with MarketBeat.com's FREE daily email newsletter.
