Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price traded down 2.5% during mid-day trading on Thursday. The stock traded as low as C$0.39 and last traded at C$0.39. Approximately 65,000 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 184,012 shares. The stock had previously closed at C$0.40.
Tinka Resources Price Performance
The business has a 50 day moving average of C$0.45 and a 200 day moving average of C$0.46. The firm has a market capitalization of C$52.17 million, a price-to-earnings ratio of -19.50 and a beta of 1.57.
Tinka Resources Company Profile
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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