TNR Gold (CVE:TNR) Sets New 12-Month High – Here’s What Happened

TNR Gold Corp. (CVE:TNR) reached a new 52-week high on Monday . The company traded as high as C$0.19 and last traded at C$0.18, with a volume of 243790 shares. The stock had previously closed at C$0.18.

TNR Gold Price Performance

The company has a market cap of C$36.59 million, a price-to-earnings ratio of -17.50 and a beta of 1.33. The stock’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.12.

Insiders Place Their Bets

In related news, Director Konstantin Klip sold 200,000 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of C$0.16, for a total transaction of C$32,000.00. Following the completion of the transaction, the director owned 2,262,000 shares in the company, valued at approximately C$361,920. The trade was a 8.12% decrease in their ownership of the stock. Also, Director Kirill Klip sold 200,000 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of C$0.15, for a total value of C$30,000.00. Following the completion of the transaction, the director directly owned 26,763,000 shares in the company, valued at C$4,014,450. This trade represents a 0.74% decrease in their position. Over the last quarter, insiders sold 600,000 shares of company stock valued at $94,000. 15.12% of the stock is currently owned by company insiders.

About TNR Gold

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.