Tinka Resources (CVE:TK) Hits New 12-Month High – Time to Buy?

Tinka Resources Limited (CVE:TKGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.61 and last traded at C$0.61, with a volume of 372809 shares traded. The stock had previously closed at C$0.56.

Tinka Resources Trading Up 5.1%

The stock has a market capitalization of C$82.87 million, a P/E ratio of -31.00 and a beta of 1.32. The company has a 50-day moving average price of C$0.41 and a 200 day moving average price of 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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