TNR Gold (CVE:TNR) Sets New 1-Year Low – What’s Next?

by · The Markets Daily

TNR Gold Corp. (CVE:TNR – Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 876000 shares traded. The stock had previously closed at C$0.05.

TNR Gold Stock Performance

The company’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The stock has a market capitalization of C$8.55 million, a PE ratio of -5.00 and a beta of 0.62.

Insiders Place Their Bets

In other news, Director Kirill Klip sold 600,000 shares of the business’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of C$0.06, for a total transaction of C$36,000.00. 15.12% of the stock is currently owned by company insiders.

About TNR Gold

(Get Free Report)

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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