Tinka Resources (CVE:TK) Hits New 52-Week Low – What’s Next?

Tinka Resources Limited (CVE:TKGet Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 11000 shares traded. The stock had previously closed at C$0.09.

Tinka Resources Price Performance

The firm has a market cap of C$33.26 million, a price-to-earnings ratio of -26.00 and a beta of 1.42. The stock’s fifty day moving average price is C$0.09 and its 200-day moving average price is 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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