TRU Precious Metals (CVE:TRU) Shares Up 22.2% – Here’s Why

by · The Cerbat Gem

Shares of TRU Precious Metals Corp. (CVE:TRU – Get Free Report) rose 22.2% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 251,023 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 156,486 shares. The stock had previously closed at C$0.05.

TRU Precious Metals Stock Performance

The stock’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The firm has a market cap of C$9.04 million, a price-to-earnings ratio of -3.00 and a beta of 1.50.

About TRU Precious Metals

(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. in October 2020. TRU Precious Metals Corp. was incorporated in 2021 and is headquartered in Fredericton, Canada.

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