Tinka Resources Limited (CVE:TK – Get Free Report) hit a new 52-week low during mid-day 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 trading hands. The stock had previously closed at C$0.36.
Tinka Resources Price Performance
The business’s 50 day moving average price is C$0.44 and its 200 day moving average price is C$0.45. The stock has a market capitalization of C$45.48 million, a P/E ratio of -17.00 and a beta of 1.57.
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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