Torq Resources Inc. (CVE:TORQ – Get Free Report)’s share price hit a new 52-week low on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 187600 shares. The stock had previously closed at C$0.09.
Torq Resources Price Performance
The company has a debt-to-equity ratio of 189.72, a current ratio of 0.90 and a quick ratio of 10.31. The stock’s 50 day moving average price is C$0.15 and its two-hundred day moving average price is C$0.20. The firm has a market capitalization of C$12.02 million, a price-to-earnings ratio of -0.50 and a beta of 0.83.
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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