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

Tinka Resources Limited (CVE:TKGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 52100 shares. The stock had previously closed at C$0.10.

Tinka Resources Stock Performance

The company has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.12. The stock has a market capitalization of C$37.17 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.

Further Reading

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