TNR Gold (CVE:TNR) Stock Price Up 20% – Should You Buy?

TNR Gold Corp. (CVE:TNR) shares traded up 20% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 1,761,336 shares changed hands during trading, an increase of 419% from the average session volume of 339,155 shares. The stock had previously closed at C$0.08.

Wall Street Analysts Forecast Growth

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

TNR Gold Price Performance

The stock has a market capitalization of C$18.06 million, a PE ratio of -5.00 and a beta of 0.62. The stock has a 50 day moving average of C$0.06 and a two-hundred day moving average of C$0.06.

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.