TNR Gold (CVE:TNR) Hits New 12-Month High – What’s Next?

TNR Gold Corp. (CVE:TNR)’s stock price reached a new 52-week high on Monday . The company traded as high as C$0.32 and last traded at C$0.32, with a volume of 17784 shares traded. The stock had previously closed at C$0.32.

TNR Gold Stock Performance

The stock’s fifty day moving average price is C$0.26 and its 200-day moving average price is C$0.23. The firm has a market cap of C$83.33 million, a PE ratio of -35.00 and a beta of 0.19.

Insider Activity

In other TNR Gold news, Director Kirill Klip sold 300,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of C$0.27, for a total transaction of C$81,000.00. Following the transaction, the director directly owned 30,163,000 shares in the company, valued at approximately C$8,144,010. This represents a 0.98% decrease in their ownership of the stock. Also, insider Altius Minerals Corporation bought 7,435,000 shares of the company’s stock in a transaction on Friday, July 17th. The stock was bought at an average cost of C$0.23 per share, with a total value of C$1,710,050.00. Following the completion of the acquisition, the insider owned 30,935,000 shares of the company’s stock, valued at C$7,115,050. This represents a 31.64% increase in their position. Insiders have sold 900,000 shares of company stock worth $241,500 over the last 90 days. 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.