TRU Precious Metals (CVE:TRU) Trading Down 25% – Here’s Why

TRU Precious Metals Corp. (CVE:TRUGet Free Report)’s share price dropped 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 138,000 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 141,494 shares. The stock had previously closed at C$0.02.

TRU Precious Metals Stock Performance

The company has a debt-to-equity ratio of 2.41, a quick ratio of 5.78 and a current ratio of 13.41. The stock has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market cap of C$2.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.10.

TRU Precious Metals Company Profile

(Get Free Report)

TRU Precious Metals Corp. engages in mineral exploration and development activities in Canada. It is exploring for gold and copper in the Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project located in Central Newfoundland, Canada. The company was formerly known as Trius Investments Inc and changed its name to TRU Precious Metals Corp.

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