Tinka Resources (CVE:TK) Stock Price Up 7.1% – Time to Buy?

Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price traded up 7.1% on Thursday . The company traded as high as C$0.53 and last traded at C$0.53. Approximately 137,200 shares changed hands during trading, a decline of 28% from the average daily volume of 190,585 shares. The stock had previously closed at C$0.49.

Tinka Resources Price Performance

The company has a fifty day moving average price of C$0.45 and a 200 day moving average price of C$0.46. The company has a market capitalization of C$69.56 million, a P/E ratio of -26.00 and a beta of 1.74.

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. Tinka Resources Limited was incorporated in 1987 and is headquartered in Vancouver, Canada.

Further Reading

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