Shares of TNR Gold Corp. (CVE:TNR – Get Free Report) were down 8% on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 488,436 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 415,680 shares. The stock had previously closed at C$0.25.
Analyst Ratings Changes
Separately, Fundamental Research set a C$0.35 price target on shares of TNR Gold and gave the stock a “buy” rating in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$0.35.
Check Out Our Latest Stock Analysis on TNR
TNR Gold Stock Up 2.0%
Insider Buying and Selling
In other TNR Gold news, Director Kirill Klip sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of C$0.17, for a total transaction of C$34,000.00. Following the completion of the transaction, the director owned 27,163,000 shares in the company, valued at C$4,617,710. This trade represents a 0.73% decrease in their position. Insiders own 15.12% of the company’s stock.
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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.
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