TNR Gold (CVE:TNR) Reaches New 12-Month High – Still a Buy?
by Mitch Edgeman · The Markets DailyTNR Gold Corp. (CVE:TNR – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18, with a volume of 4000 shares traded. The stock had previously closed at C$0.17.
TNR Gold Stock Up 2.9%
The stock has a market cap of C$36.59 million, a P/E ratio of -17.50 and a beta of 1.33. The firm’s 50 day simple moving average is C$0.14 and its two-hundred day simple moving average is C$0.11.
Insider Buying and Selling at TNR Gold
In related news, Director Kirill Klip sold 200,000 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of C$0.15, for a total transaction of C$30,000.00. Following the sale, the director owned 26,763,000 shares in the company, valued at C$4,014,450. This represents a 0.74% decrease in their ownership of the stock. 15.12% of the stock is currently owned by corporate insiders.
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.