TRU Precious Metals (CVE:TRU) Shares Down 12.5% – What’s Next?

TRU Precious Metals Corp. (CVE:TRU)’s share price was down 12.5% during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 968,774 shares traded hands during trading, an increase of 337% from the average daily volume of 221,692 shares. The stock had previously closed at C$0.08.

TRU Precious Metals Stock Down 12.5%

The firm’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$11.51 million, a P/E ratio of -3.00 and a beta of 1.55.

TRU Precious Metals Company Profile

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.