Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price was down 10.1% on Tuesday . The stock traded as low as C$0.40 and last traded at C$0.40. Approximately 280,820 shares changed hands during trading, an increase of 55% from the average daily volume of 180,622 shares. The stock had previously closed at C$0.45.
Tinka Resources Trading Down 5.6%
The stock has a market capitalization of C$56.14 million, a price-to-earnings ratio of -26.00 and a beta of 1.97. The stock has a 50-day simple moving average of C$0.47 and a 200 day simple moving average of C$0.32.
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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