Shares of Tinka Resources Limited (CVE:TK – Get Free Report) shot up 8.7% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 500 shares changed hands during trading, a decline of 99% from the average session volume of 48,576 shares. The stock had previously closed at C$0.12.
Tinka Resources Price Performance
The stock’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.12. The stock has a market cap of C$48.91 million, a P/E ratio of -26.00 and a beta of 1.40.
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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