Torq Resources Inc. (CVE:TORQ – Get Free Report)’s stock price was up 27.8% on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 236,005 shares were traded during mid-day trading, an increase of 188% from the average daily volume of 81,970 shares. The stock had previously closed at C$0.09.
Torq Resources Stock Up 13.0%
The company has a current ratio of 0.08, a quick ratio of 10.31 and a debt-to-equity ratio of -147.04. The company has a market capitalization of C$18.08 million, a price-to-earnings ratio of -1.55 and a beta of 0.84. The firm’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07.
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.
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