Tarku Resources (CVE:TKU) Trading Up 50% – Still a Buy?

Tarku Resources Ltd. (CVE:TKU)’s stock price traded up 50% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 122,746 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 99,042 shares. The stock had previously closed at C$0.01.

Tarku Resources Price Performance

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 business’s 50 day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The stock 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.