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

Tarku Resources Ltd. (CVE:TKU) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 9925 shares trading hands. The stock had previously closed at C$0.01.

Tarku Resources Price Performance

The firm’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a current ratio of 0.27, a quick ratio of 1.32 and a debt-to-equity ratio of 5.36. The company has a market cap of C$1.27 million, a P/E 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.