Tinka Resources (CVE:TK) Shares Up 3.3% – Here’s Why

Tinka Resources Limited (CVE:TKGet Free Report) shares rose 3.3% on Thursday . The stock traded as high as C$0.47 and last traded at C$0.47. Approximately 5,490 shares changed hands during trading, a decline of 95% from the average daily volume of 118,645 shares. The stock had previously closed at C$0.46.

Tinka Resources Price Performance

The firm has a market cap of C$38.42 million, a P/E ratio of -26.00 and a beta of 1.95. The company’s 50-day moving average is C$0.46 and its two-hundred day moving average is C$0.20.

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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