Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price was up 3.5% during mid-day trading on Wednesday . The company traded as high as C$0.59 and last traded at C$0.59. Approximately 127,965 shares traded hands during trading, a decline of 56% from the average daily volume of 291,160 shares. The stock had previously closed at C$0.57.
Tinka Resources Price Performance
The stock has a 50 day simple moving average of C$0.46 and a 200-day simple moving average of C$0.45. The firm has a market cap of C$78.86 million, a PE ratio of -29.50 and a beta of 1.47.
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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