Tinka Resources (CVE:TK) Shares Up 3.4% – Here’s What Happened

Tinka Resources Limited (CVE:TKGet Free Report)’s share price rose 3.4% during trading on Wednesday . The company traded as high as C$0.46 and last traded at C$0.46. 107,600 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 199,177 shares. The stock had previously closed at C$0.44.

Tinka Resources Price Performance

The business has a 50-day simple moving average of C$0.42 and a 200 day simple moving average of C$0.45. The firm has a market cap of C$66.89 million, a PE ratio of -25.00 and a beta of 1.71.

Tinka Resources Company Profile

(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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