Torq Resources Inc. (V:TORQ)
Business Focus: Diversified Mining
Mixed as of September 01, 2023
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Latest 10 SEDI filings for TORQ within the last 6 months
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Company News
Aug 17, 2023 07:00 ET
Torq Initiates Follow-up Drilling to Discovery at its Margarita Iron-Oxide-Copper-Gold Project in Chile
VANCOUVER, BC / ACCESSWIRE / August 17, 2023 / Torq Resources Inc. (TSX-V:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce that it has commenced its third drill program at the Margarita iron-oxide-copper-gold (IOCG) project, located on the Coastal Cordillera belt in Chile (Figure 1). The drill program will focus on extension targets to its greenfields discovery, which included intercepts near surface of 90 metres (m) of 0.94% copper and 0.84 g/t gold (see May 2, 2022 news release)
Aug 02, 2023 07:00 ET
Torq Drills 557 Metres of 0.38 g/t Gold, 0.23% Copper and 56 ppm Molybdenum, Substantially Increasing the Grade at Santa Cecilia
VANCOUVER, BC / ACCESSWIRE / August 2, 2023 / Torq Resources Inc. (TSX-V:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce drill results from the first two drill holes at the Cerro del Medio target in the Company's inaugural drill program at the Santa Cecilia gold - copper porphyry project located in the Maricunga belt in northern Chile. The project is located approximately 100 kilometres (km) east of the city of Copiapo and is immediately adjacent to the Norte Abierto project held by Newmont and Barrick, which is comprised of the Caspiche
Valuation Ratios
Industry
Sector
Beta
0.65
--
--
Price to Sales - TTM
--
7.02
4.27
Price to Book - most recent quarter
4.42
1.87
1.87
Price to Cash Flow per share - TTM
--
10.03
8.88
Price to Free Cash Flow per share - TTM
--
15.29
18.20
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 105,077 | 27,158 |
| Aug 31, 2023 | 77,919 | 66,858 |
| Aug 15, 2023 | 11,061 | -33,617 |
Business Summary
| Sector: Basic Materials | Industry: Diversified Mining |
Torq Resources Inc. is a Canada-based copper and gold exploration company with a portfolio of holdings in Chile. Its projects include Santa Cecilia, Margarita and Andrea. The Santa Cecilia project is located approximately 100 kilometers (km) east of the city of Copiapo, Chile, in the southern region of the Maricunga belt and immediately north of the El Indio belt. The property covers over 3,250 hectares (ha) and is immediately adjacent to the Norte Abierto project. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is situated in Chile, over 65 km north of the city of Copiapo. The Margarita project is comprised of approximately 1,245 ha. The Andrea copper porphyry project is situated in northern Chile, over 100 km east of the city of La Serena. The property is located at the western margin of the Miocene aged El Indio belt that hosts the El Indio and Pascua Lama epithermal gold and silver deposits. The Andrea project covers over 1,200 ha at elevations ranging from 3900-4900 meters.
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