Tinka Resources Limited (CVE:TK – Get Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 193575 shares traded. The stock had previously closed at C$0.05.
Tinka Resources Stock Performance
The stock’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.08. The firm has a market cap of C$15.65 million, a PE ratio of -26.00 and a beta of 1.42.
Insiders Place Their Bets
In related news, insider L.P.) Sentient Executive Gp Iv Limited (For The General Partner Of Sentient Global Resources Fund Iv sold 17,692,000 shares of the stock in a transaction dated Wednesday, April 16th. The shares were sold at an average price of C$0.04, for a total value of C$633,373.60. Over the last three months, insiders have sold 19,592,000 shares of company stock worth $748,109. 39.22% of the stock is owned by company insiders.
About Tinka Resources
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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