TNR Gold (CVE:TNR) Trading Up 18.2% – Still a Buy?

TNR Gold Corp. (CVE:TNR)’s stock price traded up 18.2% on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. 128,000 shares traded hands during trading, a decline of 61% from the average session volume of 325,553 shares. The stock had previously closed at C$0.06.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.28 price target on shares of TNR Gold and gave the stock a “buy” rating in a research report on Wednesday, February 19th.

TNR Gold Price Performance

The firm’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05. The firm has a market cap of C$10.45 million, a price-to-earnings ratio of -5.00 and a beta of 0.62.

Insider Activity

In other news, Director Kirill Klip sold 600,000 shares of TNR Gold stock in a transaction on Friday, February 7th. The shares were sold at an average price of C$0.06, for a total value of C$36,000.00. Insiders have sold 817,000 shares of company stock valued at $49,765 in the last ninety days. 15.12% of the stock is owned by company insiders.

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.