Tarku Resources (CVE:TKU) Stock Price Down 20%

Tarku Resources Ltd. (CVE:TKU) was down 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,673,451 shares traded hands during trading, an increase of 1,252% from the average daily volume of 123,737 shares. The stock had previously closed at C$0.03.

Tarku Resources Stock Down 20.0 %

The stock has a market capitalization of C$2.53 million, a P/E ratio of -2.50 and a beta of -0.08. The stock has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a debt-to-equity ratio of 4.79, a current ratio of 0.50 and a quick ratio of 1.32.

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, 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.