Tinka Resources (CVE:TK) Shares Down 5.4% – Here’s What Happened

Tinka Resources Limited (CVE:TKGet Free Report)’s share price traded down 5.4% during mid-day trading on Wednesday . The company traded as low as C$0.44 and last traded at C$0.44. Approximately 97,800 shares were traded during mid-day trading, a decline of 53% from the average session volume of 207,091 shares. The stock had previously closed at C$0.47.

Tinka Resources Trading Up 5.6%

The company’s fifty day moving average is C$0.43 and its 200 day moving average is C$0.45. The company has a market cap of C$62.87 million, a P/E ratio of -23.50 and a beta of 1.71.

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. Tinka Resources Limited was incorporated in 1987 and is headquartered in Vancouver, Canada.

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