Torrent Capital Ltd. (CVE:TORR – Get Free Report)’s stock price shot up 14% during mid-day trading on Friday. The company traded as high as C$0.57 and last traded at C$0.57. Approximately 1,000 shares traded hands during trading, a decline of 94% from the average daily volume of 17,106 shares. The stock had previously closed at C$0.50.
Torrent Capital Trading Up 14.0%
The business has a fifty day moving average of C$0.56 and a 200-day moving average of C$0.52. The firm has a market cap of C$21.76 million, a PE ratio of 5.18 and a beta of -0.08.
About Torrent Capital
Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments. The company was formerly known as Metallum Resources Inc and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.
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