Tinka Resources (CVE:TK) Stock Price Up 1.3% – What’s Next?

by · The Markets Daily

Tinka Resources Limited (CVE:TKGet Free Report) rose 1.3% during trading on Wednesday . The company traded as high as C$0.40 and last traded at C$0.38. Approximately 8,501 shares changed hands during trading, a decline of 96% from the average daily volume of 222,611 shares. The stock had previously closed at C$0.38.

Tinka Resources Trading Up 1.3%

The company has a fifty day moving average price of C$0.47 and a two-hundred day moving average price of C$0.46. The firm has a market cap of C$50.83 million, a P/E ratio of -19.00 and a beta of 1.71.

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. Tinka Resources Limited was incorporated in 1987 and is headquartered in Vancouver, Canada.

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