Tinka Resources (CVE:TK) Reaches New 52-Week Low – Should You Sell?

Shares of Tinka Resources Limited (CVE:TKGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 233000 shares. The stock had previously closed at C$0.10.

Tinka Resources Trading Down 5.3 %

The company has a market capitalization of C$35.22 million, a P/E ratio of -26.00 and a beta of 1.42. The business’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.11.

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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