TRU Precious Metals (CVE:TRU) Stock Price Down 10% – Should You Sell?

TRU Precious Metals Corp. (CVE:TRU)’s stock price dropped 10% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.05. Approximately 318,161 shares changed hands during mid-day trading, an increase of 22% from the average daily volume of 260,515 shares. The stock had previously closed at C$0.05.

TRU Precious Metals Trading Down 10.0%

The business’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The company has a market capitalization of C$7.40 million, a P/E ratio of -3.00 and a beta of 1.63.

About TRU Precious Metals

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.