Torq Resources Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
| TORQ Stock | CAD 0.06 0.01 14.29% |
Slightly above 62% of Torq Resources' investor base is looking to short. The current sentiment regarding investing in Torq Resources stock implies that many traders are alarmed. Torq Resources' investing sentiment can be driven by a variety of factors including economic data, Torq Resources' earnings reports, geopolitical events, and overall market trends.
Torq Resources stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Torq daily returns and investor perception about the current price of Torq Resources as well as its diversification or hedging effects on your existing portfolios.
Torq |
Torq Resources Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Torq Resources Fundamental Analysis
We analyze Torq Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Torq Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Torq Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Torq Resources is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Torq Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Torq Resources stock to make a market-neutral strategy. Peer analysis of Torq Resources could also be used in its relative valuation, which is a method of valuing Torq Resources by comparing valuation metrics with similar companies.
Peers
Torq Resources Related Equities
| GDP | Golden Pursuit | 0.00 |
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| BMM | Black Mammoth | 4.17 |
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| GUN | Gunpoint Exploration | 7.69 |
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Additional Tools for Torq Stock Analysis
When running Torq Resources' price analysis, check to measure Torq Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Torq Resources is operating at the current time. Most of Torq Resources' value examination focuses on studying past and present price action to predict the probability of Torq Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torq Resources' price. Additionally, you may evaluate how the addition of Torq Resources to your portfolios can decrease your overall portfolio volatility.