TNR Gold (CVE:TNR) Sets New 1-Year High – Time to Buy?

Shares of TNR Gold Corp. (CVE:TNR) hit a new 52-week high on Monday . The stock traded as high as C$0.19 and last traded at C$0.18, with a volume of 243790 shares traded. The stock had previously closed at C$0.18.

TNR Gold Stock Performance

The business has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.12. The stock has a market cap of C$36.59 million, a PE ratio of -17.50 and a beta of 1.33.

Insider Buying and Selling at TNR Gold

In other news, Director Konstantin Klip sold 200,000 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of C$0.16, for a total transaction of C$32,000.00. Following the completion of the sale, the director owned 2,262,000 shares of the company’s stock, valued at C$361,920. The trade was a 8.12% decrease in their ownership of the stock. Also, Director Kirill Klip sold 200,000 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of C$0.15, for a total transaction of C$30,000.00. Following the transaction, the director owned 26,763,000 shares of the company’s stock, valued at approximately C$4,014,450. This trade represents a 0.74% decrease in their position. Over the last ninety days, insiders have sold 600,000 shares of company stock worth $94,000. Insiders own 15.12% of the company’s stock.

About TNR Gold

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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.