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

Tinka Resources Limited (CVE:TKGet Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 11049 shares changing hands. The stock had previously closed at C$0.09.

Tinka Resources Stock Performance

The firm’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11. The firm has a market cap of C$33.26 million, a P/E ratio of -26.00 and a beta of 1.42.

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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