Insider Buying: TNR Gold (CVE:TNR) Insider Purchases C$1,710,050.00 in Stock

TNR Gold Corp. (CVE:TNR) insider Altius Minerals Corporation acquired 7,435,000 shares of TNR Gold stock in a transaction on Friday, July 17th. The shares were bought at an average price of C$0.23 per share, for a total transaction of C$1,710,050.00. Following the purchase, the insider owned 30,935,000 shares of the company’s stock, valued at C$7,115,050. This represents a 31.64% increase in their ownership of the stock.

TNR Gold Price Performance

Shares of CVE TNR opened at C$0.25 on Friday. TNR Gold Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.28. The company has a market capitalization of C$59.52 million, a price-to-earnings ratio of -25.00 and a beta of 0.23. The business has a 50-day moving average of C$0.25 and a 200-day moving average of C$0.21.

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.