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1 Comment
Torq Resources Inc is currently in a long term uptrend where the price is trading 1.1% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Torq Resources Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 99.3% to $-536K since the same quarter in the previous year.
Finally, its free cash flow fell by 43.9% to $-430K since the same quarter in the previous year.
Based on the above factors, Torq Resources Inc gets an overall score of 2/5.
ISIN | CA89131L1085 |
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Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Exchange | V |
CurrencyCode | CAD |
PE Ratio | None |
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Target Price | 0.15 |
Beta | 0.99 |
Market Cap | 10M |
Dividend Yield | None |
Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. The company has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,045 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile. It has an option to acquire Andrea copper porphyry project located in northern Chile. The company was formerly known as Stratton Resources Inc. and changed its name to Torq Resources Inc. in March 2017. Torq Resources Inc. was founded in 1985 and is headquartered in Vancouver, Canada.
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