Shares of Tinka Resources Limited (CVE:TK – Get Free Report) traded down 4.5% on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. 14,500 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 48,206 shares. The stock had previously closed at C$0.11.
Tinka Resources Stock Down 4.5 %
The stock has a fifty day simple moving average of C$0.12 and a 200-day simple moving average of C$0.13. The company has a market capitalization of C$41.09 million, a P/E ratio of -26.00 and a beta of 1.44.
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.
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