Torq Resources Inc. (CVE:TORQ – Get Free Report)’s stock price shot up 10% on Friday . The company traded as high as C$0.12 and last traded at C$0.11. 127,311 shares were traded during mid-day trading, an increase of 9% from the average session volume of 116,284 shares. The stock had previously closed at C$0.10.
Torq Resources Stock Performance
The stock’s 50-day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.11. The stock has a market cap of C$20.44 million, a price-to-earnings ratio of -1.10 and a beta of 1.41. The company has a debt-to-equity ratio of -147.04, a quick ratio of 10.31 and a current ratio of 0.08.
About Torq Resources
Torq Resources Inc, a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile.
Read More
- Five stocks we like better than Torq Resources
- Stock market legend warns: “An Ominous Day Is Coming for the Markets…”
- Another reason you need to own gold… [running out]
- Trump’s Final Shocking Act Begins February 24
- NEW: Gold makes history
- Deutsche Bank Just Raised Their Gold Target to $6,000
Receive News & Ratings for Torq Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torq Resources and related companies with MarketBeat.com's FREE daily email newsletter.
