Tinka Resources (CVE:TK) Hits New 52-Week Low – Time to Sell?

Tinka Resources Limited (CVE:TKGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 37975 shares changing hands. The stock had previously closed at C$0.10.

Tinka Resources Price Performance

The firm 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 has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.11.

Tinka Resources Company Profile

(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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