Tinka Resources (CVE:TK) Hits New 12-Month Low – Here’s Why

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

Tinka Resources Price Performance

The company has a market capitalization of C$33.26 million, a PE ratio of -26.00 and a beta of 1.42. The company has a 50-day moving average price of C$0.09 and a two-hundred day moving average price of C$0.11.

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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