TNR Gold (CVE:TNR) Stock Price Down 2.2% – Should You Sell?

TNR Gold Corp. (CVE:TNR)’s stock price was down 2.2% during trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 147,500 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 392,449 shares. The stock had previously closed at C$0.23.

TNR Gold Stock Down 2.2%

The business’s fifty day moving average price is C$0.24 and its 200 day moving average price is C$0.19. The firm has a market capitalization of C$53.57 million, a PE ratio of -22.50 and a beta of 0.24.

Insider Activity at TNR Gold

In other TNR Gold news, insider Jon Christian Evensen bought 262,440 shares of TNR Gold stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of C$0.24 per share, with a total value of C$62,985.60. Following the completion of the acquisition, the insider owned 8,738,840 shares of the company’s stock, valued at approximately C$2,097,321.60. This represents a 3.10% increase in their ownership of the stock. Insiders own 15.12% of the company’s stock.

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.