Tinka Resources (CVE:TK) shares 16.7%

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Tinka Resources Limited (CVE:TK – Get Rating) jumped 16.7% on Thursday. The stock traded as low as C$0.18 and last traded at C$0.18. 218,000 shares were traded at midday, a 137% increase from the average session volume of 92,020 shares. The stock had previously closed at C$0.15.

The company has a 50-day simple moving average of C$0.16 and a 200-day simple moving average of C$0.17. The stock has a market capitalization of C$62.61 million and a price/earnings ratio of -32.00.

Tinka Resources Company Profile (CVE: TK)

Tinka Resources Limited, a junior mining exploration company, is engaged in the acquisition and exploration of base and precious metal mineral properties in Peru. He mainly explores deposits of zinc, lead, silver, gold and copper. The Company’s flagship project is the 100% owned Ayawilca Project which comprises 59 granted mining concessions covering an area of ​​approximately 16,548 hectares located in the Department of Pasco, central Peru.

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