TNR Gold (CVE:TNR) Shares Up 3.4% – Here’s Why

TNR Gold Corp. (CVE:TNR) shares rose 3.4% during mid-day trading on Thursday. The company traded as high as C$0.30 and last traded at C$0.30. Approximately 136,500 shares changed hands during trading, a decline of 58% from the average daily volume of 328,040 shares. The stock had previously closed at C$0.29.

TNR Gold Price Performance

The business has a 50 day simple moving average of C$0.28 and a 200 day simple moving average of C$0.24. The stock has a market cap of C$73.19 million, a PE ratio of -15.00 and a beta of 0.40.

Insider Buying and Selling at TNR Gold

In other TNR Gold news, Director Kirill Klip sold 200,000 shares of TNR Gold stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of C$0.28, for a total value of C$56,000.00. Following the completion of the sale, the director directly owned 29,963,000 shares in the company, valued at C$8,389,640. The trade was a 0.66% decrease in their ownership of the stock. Over the last three months, insiders sold 610,000 shares of company stock worth $168,500. 15.12% of the stock is 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.