Insider Selling: TNR Gold (CVE:TNR) Director Sells 200,000 Shares of Stock

TNR Gold Corp. (CVE:TNR) Director Kirill Klip sold 200,000 shares of the business’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 value of C$34,000.00. Following the sale, the director directly owned 27,163,000 shares of the company’s stock, valued at C$4,617,710. This represents a 0.73% decrease in their ownership of the stock.

Kirill Klip also recently made the following trade(s):

• On Monday, December 15th, Kirill Klip sold 100,000 shares of TNR Gold stock. The shares were sold at an average price of C$0.16, for a total value of C$16,000.00.
• On Tuesday, December 16th, Kirill Klip sold 200,000 shares of TNR Gold stock. The stock was sold at an average price of C$0.15, for a total value of C$30,000.00.

TNR Gold Stock Down 5.7%

CVE TNR traded down C$0.01 on Friday, reaching C$0.17. The company had a trading volume of 304,201 shares, compared to its average volume of 150,835. The company’s fifty day moving average is C$0.17 and its 200 day moving average is C$0.13. TNR Gold Corp. has a 52-week low of C$0.05 and a 52-week high of C$0.19. The stock has a market capitalization of C$34.50 million, a P/E ratio of -16.50 and a beta of 1.02.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.35 price objective on shares of TNR Gold and gave the company a “buy” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$0.35.

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.