Torq Resources Stock Today

TORQ Stock  CAD 0.06  0.01  14.29%   

Performance

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Odds Of Distress

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Torq Resources is selling for under 0.06 as of the 27th of November 2024; that is 14.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.06. Torq Resources has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Torq Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Torq Resources Inc., a junior exploration company, engages in the acquisition, exploration, and development of mineral resource properties in North America and Europe. The company was formerly known as Stratton Resources Inc. and changed its name to Torq Resources Inc. The company has 139.07 M outstanding shares of which 3.32 K shares are at this time shorted by private and institutional investors with about 0.24 days to cover all short positions. More on Torq Resources

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Torq Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Torq Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Torq Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Co-Chairman of the BoardShawn Wallace
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Torq Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Torq Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Torq Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Torq Resources' financial leverage. It provides some insight into what part of Torq Resources' total assets is financed by creditors.
Liquidity
Torq Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Torq Resources has accumulated 1.97 M in total debt. Torq Resources has a current ratio of 47.24, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Torq Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Torq Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Torq Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Torq to invest in growth at high rates of return. When we think about Torq Resources' use of debt, we should always consider it together with cash and equity.

Net Income

(18.25 Million)
Torq Resources (TORQ) is traded on TSX Venture Exchange in Canada and employs 9 people. Torq Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Torq Resources's market, we take the total number of its shares issued and multiply it by Torq Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Torq Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 139.07 M outstanding shares of which 3.32 K shares are at this time shorted by private and institutional investors with about 0.24 days to cover all short positions. Torq Resources has accumulated about 11.94 M in cash with (16.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Torq Resources Probability Of Bankruptcy
Ownership Allocation
Torq Resources shows a total of 139.07 Million outstanding shares. Torq Resources maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Torq Ownership Details

Torq Resources Risk Profiles

Although Torq Resources' alpha and beta are two of the key measurements used to evaluate Torq Resources' performance over the market, the standard measures of volatility play an important role as well.

Torq Stock Against Markets

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Torq Resources Corporate Management

Elected by the shareholders, the Torq Resources' board of directors comprises two types of representatives: Torq Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Torq. The board's role is to monitor Torq Resources' management team and ensure that shareholders' interests are well served. Torq Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Torq Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stacy RowaChief OfficerProfile
Michael PGeoChief OfficerProfile
Natasha FrakesVice CommunicationsProfile
Tracy GeorgeCorporate SecretaryProfile
Michael PEngVP DirectorProfile

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.