Shares of Tinka Resources Limited (CVE:TK – Get Free Report) dropped 4.5% on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 28,000 shares were traded during trading, a decline of 44% from the average daily volume of 50,160 shares. The stock had previously closed at C$0.11.
Tinka Resources Stock Down 4.5 %
The stock has a market capitalization of C$41.09 million, a P/E ratio of -26.00 and a beta of 1.42. The company has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.12.
Tinka Resources Company Profile
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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