TNR Gold (CVE:TNR) Trading Up 8.3% – Should You Buy?

TNR Gold Corp. (CVE:TNR) traded up 8.3% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 220,000 shares changed hands during trading, a decline of 29% from the average session volume of 309,473 shares. The stock had previously closed at C$0.06.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.28 price objective on TNR Gold and gave the company a “buy” rating in a research note on Wednesday, February 19th.

TNR Gold Trading Down 8.3 %

The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The firm has a market capitalization of C$10.45 million, a price-to-earnings ratio of -5.00 and a beta of 0.62.

Insider Transactions at TNR Gold

In other news, Director Kirill Klip sold 600,000 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of C$0.06, for a total transaction of C$36,000.00. Insiders own 15.12% of the company’s stock.

TNR Gold Company Profile

TNR Gold Corp. engages in the acquiring and exploring mineral properties. It explores for gold, copper, silver, and lithium deposits. The company holds a 90% interest in the Shotgun gold project located in the southwestern Alaska. It also holds royalty interests in the Los Azules Copper and Mariana Lithium projects located in Argentina.