TNR Gold (CVE:TNR) Sets New 52-Week High – Time to Buy?

TNR Gold Corp. (CVE:TNRGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.26 and last traded at C$0.23, with a volume of 239633 shares. The stock had previously closed at C$0.25.

TNR Gold Stock Down 10.0%

The stock has a market capitalization of C$53.57 million, a PE ratio of -22.50 and a beta of 0.24. The firm’s fifty day moving average is C$0.24 and its 200-day moving average is C$0.20.

Insider Activity

In other TNR Gold news, insider Jon Christian Evensen bought 262,440 shares of the business’s 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 purchase, the insider owned 8,738,840 shares in the company, valued at approximately C$2,097,321.60. This represents a 3.10% increase in their position. Company insiders own 15.12% of the company’s stock.

TNR Gold Company Profile

(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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.

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