Tinka Resources (CVE:TK) Hits New 1-Year Low – Here’s What Happened

Tinka Resources Limited (CVE:TKGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 37975 shares traded. The stock had previously closed at C$0.10.

Tinka Resources Stock Performance

The company has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of C$0.11. The firm 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.

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