Tarku Resources (CVE:TKU) Sets New 1-Year Low – Should You Sell?

Tarku Resources Ltd. (CVE:TKU) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 15533 shares traded. The stock had previously closed at C$0.01.

Tarku Resources Stock Performance

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 firm has a market cap of C$1.27 million, a PE ratio of -2.50 and a beta of -0.25. The company’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01.

About Tarku Resources

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.