Tinka Resources (CVE:TK) Hits New 52-Week Low – Time to Sell?

Tinka Resources Limited (CVE:TKGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 74601 shares traded. The stock had previously closed at C$0.10.

Tinka Resources Stock Performance

The company has a market capitalization of C$37.17 million, a price-to-earnings ratio of -26.00 and a beta of 1.42. The firm has a 50-day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.12.

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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