Tinka Resources (CVE:TK) Stock Price Down 3.1%

Tinka Resources Limited (CVE:TKGet Rating)’s share price dropped 3.1% during trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 27,000 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 94,124 shares. The stock had previously closed at C$0.16.

The company has a market capitalization of C$52.81 million and a price-to-earnings ratio of -31.00. The company has a 50 day simple moving average of C$0.17 and a 200 day simple moving average of C$0.17.

About Tinka Resources (CVE:TK)

Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of base and precious metals mineral properties in Peru. It primarily explores for zinc, lead, silver, gold, and copper deposits. The company's flagship project is the 100% owned the Ayawilca project that includes 59 granted mining concessions covering an area of approximately 16,548 hectares located in the Department of Pasco, Central Peru.

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