Tinka Resources (CVE:TK) Reaches New 1-Year Low – Here’s Why

Tinka Resources Limited (CVE:TKGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 109800 shares trading hands. The stock had previously closed at C$0.07.

Tinka Resources Trading Up 4.2 %

The firm’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.10. The stock has a market capitalization of C$29.35 million, a PE 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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