Tinka Resources (CVE:TK) Trading Up 4.2%

Tinka Resources Limited (CVE:TKGet Free Report)’s share price was up 4.2% during trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 75,100 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 50,898 shares. The stock had previously closed at C$0.12.

Tinka Resources Price Performance

The stock has a market capitalization of C$48.91 million, a P/E ratio of -26.00 and a beta of 1.38. The firm has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.11.

Insider Activity

In related news, Director Graham Donald Carman acquired 379,000 shares of the stock in a transaction dated Friday, March 8th. The shares were bought at an average cost of C$0.11 per share, for a total transaction of C$41,652.10. In the last ninety days, insiders have purchased 455,500 shares of company stock worth $50,787. Company insiders own 39.08% of the company’s stock.

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.

Further Reading

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