Tarku Resources (CVE:TKU) Trading Up 50% – What’s Next?

Tarku Resources Ltd. (CVE:TKU) traded up 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 122,746 shares were traded during trading, an increase of 24% from the average session volume of 98,884 shares. The stock had previously closed at C$0.01.

Tarku Resources Stock Performance

The company’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The company has a market capitalization of C$1.90 million, a P/E ratio of -2.50 and a beta of -0.25. The company has a quick ratio of 1.32, a current ratio of 0.27 and a debt-to-equity ratio of 5.36.

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.