Tinka Resources (CVE:TK) Trading Down 12.5% – Should You Sell?

by · The Cerbat Gem

Tinka Resources Limited (CVE:TK – Get Free Report) shares traded down 12.5% on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 155,000 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 581,684 shares. The stock had previously closed at C$0.04.

Tinka Resources Price Performance

The firm has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.08. The firm has a market capitalization of C$13.70 million, a PE ratio of -26.00 and a beta of 1.42.

Insider Buying and Selling

In other Tinka Resources news, insider L.P.) Sentient Executive Gp Iv Limited (For The General Partner Of Sentient Global Resources Fund Iv sold 500,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of C$0.07, for a total value of C$32,500.00. Over the last ninety days, insiders sold 71,689,452 shares of company stock worth $2,352,710. Corporate insiders own 39.22% of the company’s stock.

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.

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