Fundamental Research Analysts Give TNR Gold (CVE:TNR) a C$0.35 Price Target

Fundamental Research set a C$0.35 target price on TNR Gold (CVE:TNR) in a research report sent to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

TNR Gold Price Performance

Shares of CVE TNR opened at C$0.17 on Wednesday. The business has a 50-day moving average of C$0.16 and a two-hundred day moving average of C$0.12. The company has a market capitalization of C$35.55 million, a price-to-earnings ratio of -17.00 and a beta of 1.33. TNR Gold has a 1 year low of C$0.05 and a 1 year high of C$0.19.

Insider Buying and Selling

In other TNR Gold news, Director Kirill Klip sold 200,000 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 26,763,000 shares in the company, valued at C$4,014,450. This represents a 0.74% decrease in their ownership of the stock. Also, Director Konstantin Klip sold 200,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of C$0.16, for a total transaction of C$32,000.00. Following the sale, the director directly owned 2,262,000 shares in the company, valued at approximately C$361,920. The trade was a 8.12% decrease in their position. Insiders sold 600,000 shares of company stock valued at $94,000 over the last ninety days. 15.12% of the stock is currently owned by corporate 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.