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Torq Resources TSXV:TORQ Stock Report

Last Price

CA$0.15

Market Cap

CA$18.7m

7D

10.7%

1Y

-70.2%

Updated

17 Apr, 2024

Data

Company Financials

TORQ Stock Overview

Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas.

TORQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Torq Resources Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Torq Resources
Historical stock prices
Current Share PriceCA$0.15
52 Week HighCA$0.61
52 Week LowCA$0.11
Beta0.83
1 Month Change-13.89%
3 Month Change-27.91%
1 Year Change-70.19%
3 Year Change-83.51%
5 Year Change-60.26%
Change since IPO-98.45%

Recent News & Updates

Recent updates

Does Torq Resources (CVE:TORQ) Have A Healthy Balance Sheet?

Sep 27
Does Torq Resources (CVE:TORQ) Have A Healthy Balance Sheet?

Is Torq Resources (CVE:TORQ) A Risky Investment?

Jun 05
Is Torq Resources (CVE:TORQ) A Risky Investment?

We Think Torq Resources (CVE:TORQ) Can Afford To Drive Business Growth

Nov 03
We Think Torq Resources (CVE:TORQ) Can Afford To Drive Business Growth

Companies Like Torq Resources (CVE:TORQ) Are In A Position To Invest In Growth

Jul 21
Companies Like Torq Resources (CVE:TORQ) Are In A Position To Invest In Growth

We're Interested To See How Torq Resources (CVE:TORQ) Uses Its Cash Hoard To Grow

Apr 07
We're Interested To See How Torq Resources (CVE:TORQ) Uses Its Cash Hoard To Grow

Torq Resources (CVE:TORQ) Is In A Strong Position To Grow Its Business

Dec 23
Torq Resources (CVE:TORQ) Is In A Strong Position To Grow Its Business

Shareholder Returns

TORQCA Metals and MiningCA Market
7D10.7%-2.0%-2.1%
1Y-70.2%-5.9%3.6%

Return vs Industry: TORQ underperformed the Canadian Metals and Mining industry which returned -8.3% over the past year.

Return vs Market: TORQ underperformed the Canadian Market which returned 3.2% over the past year.

Price Volatility

Is TORQ's price volatile compared to industry and market?
TORQ volatility
TORQ Average Weekly Movement13.1%
Metals and Mining Industry Average Movement11.6%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: TORQ's share price has been volatile over the past 3 months.

Volatility Over Time: TORQ's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985n/aShawn Wallacewww.torqresources.com

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. The company was formerly known as Stratton Resources Inc. and changed its name to Torq Resources Inc. in March 2017.

Torq Resources Inc. Fundamentals Summary

How do Torq Resources's earnings and revenue compare to its market cap?
TORQ fundamental statistics
Market capCA$18.70m
Earnings (TTM)-CA$19.37m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TORQ income statement (TTM)
RevenueCA$0
Cost of RevenueCA$177.85k
Gross Profit-CA$177.85k
Other ExpensesCA$19.19m
Earnings-CA$19.37m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.15
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio59.8%

How did TORQ perform over the long term?

See historical performance and comparison
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