TNR Gold (CVE:TNR) Stock Price Up 3.4% – Here’s What Happened

TNR Gold Corp. (CVE:TNR)’s stock price was up 3.4% during mid-day trading on Thursday. The company traded as high as C$0.30 and last traded at C$0.30. Approximately 136,500 shares were traded during trading, a decline of 58% from the average daily volume of 328,040 shares. The stock had previously closed at C$0.29.

TNR Gold Trading Down 6.7%

The business has a fifty day moving average of C$0.28 and a 200-day moving average of C$0.24. The firm has a market cap of C$68.31 million, a PE ratio of -14.00 and a beta of 0.40.

Insiders Place Their Bets

In other news, Director Kirill Klip sold 300,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of C$0.27, for a total transaction of C$81,000.00. Following the sale, the director directly owned 30,163,000 shares in the company, valued at C$8,144,010. This represents a 0.98% decrease in their ownership of the stock. Over the last ninety days, insiders sold 610,000 shares of company stock worth $168,500. 15.12% of the stock is owned by insiders.

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