Tinka Resources (CVE:TK) Reaches New 52-Week Low – Should You Sell?

Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price hit a new 52-week low during trading on Monday. The company traded as low as C$0.34 and last traded at C$0.35, with a volume of 39,956 shares. The stock had previously closed at C$0.36.

Tinka Resources Stock Down 2.8%

The company has a market cap of C$46.82 million, a P/E ratio of -17.50 and a beta of 1.57. The firm’s 50 day moving average is C$0.44 and its two-hundred day moving average is C$0.45.

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. Tinka Resources Limited was incorporated in 1987 and is headquartered in Vancouver, Canada.

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