Tinka Resources Limited (CVE:TK – Get Free Report) shares dropped 4% during trading on Wednesday . The company traded as low as C$0.48 and last traded at C$0.48. Approximately 202,801 shares traded hands during trading, a decline of 24% from the average daily volume of 265,245 shares. The stock had previously closed at C$0.50.
Tinka Resources Trading Down 4.3%
The company has a market capitalization of C$60.20 million, a P/E ratio of -22.50 and a beta of 1.47. The business has a 50 day moving average price of C$0.50 and a 200 day moving average price of C$0.46.
About Tinka Resources
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. Tinka Resources Limited was incorporated in 1987 and is headquartered in Vancouver, Canada.
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