Tinka Resources (CVE:TK) Reaches New 52-Week Low – Here’s What Happened

Tinka Resources Limited (CVE:TKGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 196205 shares trading hands. The stock had previously closed at C$0.11.

Tinka Resources Trading Down 9.5 %

The stock has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.12. The stock has a market cap of C$37.17 million, a price-to-earnings ratio of -26.00 and a beta of 1.42.

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.

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