Shares of TNR Gold Corp. (CVE:TNR – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.23, with a volume of 239633 shares trading hands. The stock had previously closed at C$0.25.
TNR Gold Stock Down 10.0%
The stock has a fifty day moving average price of C$0.24 and a 200-day moving average price of C$0.20. The firm has a market cap of C$53.57 million, a price-to-earnings ratio of -22.50 and a beta of 0.24.
Insider Transactions at TNR Gold
In other news, insider Jon Christian Evensen acquired 262,440 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of C$0.24 per share, with a total value of C$62,985.60. Following the purchase, the insider owned 8,738,840 shares of the company’s stock, valued at C$2,097,321.60. This represents a 3.10% increase in their position. Corporate 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.
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