Shares of TNR Gold Corp. (CVE:TNR – Get Free Report) dropped 14.3% during mid-day trading on Saturday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 2,449,000 shares traded hands during mid-day trading, an increase of 730% from the average daily 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 TNR Gold and gave the company a “buy” rating in a report on Tuesday, July 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, TNR Gold currently has a consensus rating of “Buy” and a consensus target price of C$0.30.
Check Out Our Latest Research Report on TNR
TNR Gold Price Performance
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.
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