Tinka Resources (CVE:TK) Shares Down 1.2% – Here’s What Happened
by Tristan Rich · The Markets DailyTinka Resources Limited (CVE:TK – Get Free Report) shares fell 1.2% on Friday . The company traded as low as C$0.42 and last traded at C$0.42. 6,000 shares were traded during trading, a decline of 95% from the average session volume of 116,289 shares. The stock had previously closed at C$0.43.
Tinka Resources Price Performance
The company has a market cap of C$34.33 million, a P/E ratio of -26.00 and a beta of 1.95. The stock’s 50-day moving average price is C$0.46 and its 200-day moving average price is C$0.24.
About Tinka Resources
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.