TNR Gold (CVE:TNR) Shares Down 14.3% – Time to Sell?

TNR Gold Corp. (CVE:TNRGet Free Report) shares fell 14.3% during mid-day trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. 2,449,000 shares changed hands during mid-day trading, an increase of 730% from the average session volume of 294,929 shares. The stock had previously closed at C$0.11.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.30 price objective on shares of TNR Gold and gave the stock a “buy” rating in a research report on Tuesday, July 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$0.30.

Check Out Our Latest Analysis on TNR

TNR Gold Trading Down 14.3%

The business has a 50 day moving average price of C$0.10 and a 200-day moving average price of C$0.09. The firm has a market capitalization of C$18.58 million, a PE ratio of -9.00 and a beta of 1.07.

About TNR Gold

(Get Free Report)

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.

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