Torq Resources Inc. (CVE:TORQ – Get Free Report) fell 20% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 104,074 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 78,755 shares. The stock had previously closed at C$0.08.
Torq Resources Price Performance
The company’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The company has a debt-to-equity ratio of 152.74, a quick ratio of 10.31 and a current ratio of 0.22. The firm has a market capitalization of C$8.34 million, a price-to-earnings ratio of -0.50 and a beta of 0.84.
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 Stories
- Five stocks we like better than Torq Resources
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- How to Short Sell Stocks Like a Pro: Strategies and Tips
- Differences Between Momentum Investing and Long Term Investing
- 3 Steel Stocks Soaring After Tariff Announcements
- How to Invest in Small Cap Stocks
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
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.
