Tinka Resources Limited (CVE:TK – Get Free Report)’s share price traded down 2.5% on Thursday. The stock traded as low as C$0.39 and last traded at C$0.39. 65,000 shares changed hands during 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 Stock Down 1.3%
The company has a market capitalization of C$51.50 million, a price-to-earnings ratio of -19.25 and a beta of 1.57. The stock has a fifty day moving average price of C$0.45 and a two-hundred day moving average price of C$0.46.
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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