Torq Resources Inc. (CVE:TORQ – Get Free Report)’s share price shot up 25% during mid-day trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 115,987 shares were traded during mid-day trading, an increase of 52% from the average session volume of 76,453 shares. The stock had previously closed at C$0.06.
Torq Resources Trading Up 25.0 %
The business has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.07. The firm has a market cap of C$10.43 million, a PE ratio of -0.63 and a beta of 0.84. The company has a current ratio of 0.22, a quick ratio of 10.31 and a debt-to-equity ratio of 152.74.
Torq Resources Company Profile
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.
Featured Articles
- Five stocks we like better than Torq Resources
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- 3 Tickers Leading a Meme Stock Revival
- 3 Buy-and-Hold Stocks for Long-Term Growth
- What is the S&P/TSX Index?
- Despite Short-Term Risks Freeport McMoran Worth a Look
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.
