Tinka Resources (CVE:TK) Shares Down 2.5% – Time to Sell?

Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price fell 2.5% during mid-day trading on Thursday. The company traded as low as C$0.39 and last traded at C$0.39. 65,000 shares changed hands during trading, a decline of 65% from the average daily volume of 184,012 shares. The stock had previously closed at C$0.40.

Tinka Resources Trading Down 2.5%

The business has a fifty day moving average of C$0.45 and a 200-day moving average of C$0.46. The firm has a market cap of C$52.17 million, a PE ratio of -19.50 and a beta of 1.57.

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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