Tinka Resources (CVE:TK) Hits New 12-Month Low – Here’s What Happened

Shares of Tinka Resources Limited (CVE:TKGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 52100 shares trading hands. The stock had previously closed at C$0.10.

Tinka Resources Price Performance

The business’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.12. The company has a market cap of C$37.17 million, a P/E ratio of -26.00 and a beta of 1.42.

About Tinka Resources

(Get Free Report)

Tinka Resources Limited engages in the acquisition and exploration of base and precious metals mineral properties in Peru. It primarily explores for zinc, lead, silver, tin, gold, and copper deposits. The company’s flagship project comprises the 100% interests in the Ayawilca project that consists of 59 granted mining concessions covering an area of approximately 16,548 hectares located in the Department of Pasco, Central Peru.

Further Reading

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