Tinka Resources Limited (CVE:TK – Get Free Report) rose 3.5% on Wednesday . The company traded as high as C$0.59 and last traded at C$0.59. Approximately 127,965 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 291,160 shares. The stock had previously closed at C$0.57.
Tinka Resources Stock Performance
The business has a 50 day moving average price of C$0.47 and a two-hundred day moving average price of C$0.46. The stock has a market cap of C$76.19 million, a PE ratio of -28.50 and a beta of 1.47.
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.
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