TRU Precious Metals (CVE:TRU) Stock Price Up 22.2% – Here’s Why

TRU Precious Metals Corp. (CVE:TRUGet Free Report)’s share price shot up 22.2% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 263,023 shares traded hands during trading, an increase of 68% from the average session volume of 156,500 shares. The stock had previously closed at C$0.05.

TRU Precious Metals Stock Up 22.2%

The company’s 50 day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The firm has a market capitalization of C$9.04 million, a price-to-earnings ratio of -3.00 and a beta of 1.50.

About TRU Precious Metals

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TRU Precious Metals Corp. engages in mineral exploration and development activities in Canada. It is exploring for gold and copper in the Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project located in Central Newfoundland, Canada. The company was formerly known as Trius Investments Inc and changed its name to TRU Precious Metals Corp. in October 2020. TRU Precious Metals Corp. was incorporated in 2021 and is headquartered in Fredericton, Canada.

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