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Torq Resources shares surged 36.8% on Friday amid heavy trading, but the cause was not disclosed.
Torq Resources (CVE:TORQ) shares jumped 36.8% on Friday, reaching a high of C$0.13 and closing at that level, driven by heavy trading volume of 535,000 shares—287% above average.
The junior exploration company, focused on mineral projects in the Americas, holds options to acquire interests in three Chilean projects.
Financial metrics show a negative P/E ratio of -1.30, a debt-to-equity ratio of -147.04, and a beta of 1.41.
The stock’s 50-day and 200-day moving averages were C$0.09 and C$0.10, respectively.
The reason for the price surge was not disclosed.
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Las acciones de Torq Resources subieron un 36.8% el viernes en medio de una fuerte negociación, pero la causa no fue revelada.