TNR Gold (CVE:TNR) Stock Price Down 14.3% – What’s Next?

TNR Gold Corp. (CVE:TNRGet Free Report) fell 14.3% on Saturday . The company traded as low as C$0.09 and last traded at C$0.09. 2,449,000 shares were traded 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 Analysts Forecast Growth

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

Get Our Latest Stock Analysis on TNR Gold

TNR Gold Price Performance

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

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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