TNR Gold (CVE:TNR) Trading 18.2% Higher – Should You Buy?

TNR Gold Corp. (CVE:TNR)’s share price was up 18.2% on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 328,000 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 329,998 shares. The stock had previously closed at C$0.06.

Analyst Upgrades and Downgrades

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

TNR Gold Stock Up 18.2 %

The stock has a market cap of C$12.35 million, a P/E ratio of -5.00 and a beta of 0.62. The firm’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05.

Insider Activity at TNR Gold

In other TNR Gold news, Director Kirill Klip sold 600,000 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of C$0.06, for a total value of C$36,000.00. 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.