Tinka Resources (CVE:TK) Sets New 12-Month Low – Should You Sell?

Tinka Resources Limited (CVE:TKGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 198000 shares trading hands. The stock had previously closed at C$0.10.

Tinka Resources Stock Down 5.3 %

The firm has a 50-day moving average of C$0.10 and a 200 day moving average of C$0.11. The stock has a market capitalization of C$35.22 million, a P/E 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.

Featured Stories

Receive News & Ratings for Tinka Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tinka Resources and related companies with MarketBeat.com's FREE daily email newsletter.