Tinka Resources (CVE:TK) Hits New 52-Week Low – What’s Next?

Tinka Resources Limited (CVE:TKGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.10, with a volume of 135100 shares changing hands. The stock had previously closed at C$0.10.

Tinka Resources Stock Performance

The company has a market cap of C$37.17 million, a price-to-earnings ratio of -26.00 and a beta of 1.42. The business’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.12.

About Tinka Resources

(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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