Tinka Resources (CVE:TK) Hits New 1-Year Low – Should You Sell?

Tinka Resources Limited (CVE:TKGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 198000 shares traded. The stock had previously closed at C$0.10.

Tinka Resources Stock Down 5.3 %

The firm’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The company has a market capitalization of C$35.22 million, a PE ratio of -26.00 and a beta of 1.42.

Tinka Resources Company Profile

(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.

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