Torq Resources Inc. (CVE:TORQ – Get Free Report) shares were up 7.7% on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.14. Approximately 37,500 shares changed hands during trading, a decline of 61% from the average daily volume of 95,753 shares. The stock had previously closed at C$0.13.
Torq Resources Stock Performance
The stock has a market capitalization of C$18.70 million, a P/E ratio of -0.78 and a beta of 0.92. The company has a quick ratio of 10.31, a current ratio of 1.22 and a debt-to-equity ratio of 59.80. The company has a 50-day moving average price of C$0.17 and a two-hundred day moving average price of C$0.22.
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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