TNR Gold (CVE:TNR) Reaches New 1-Year High – Time to Buy?

TNR Gold Corp. (CVE:TNR)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.28 and last traded at C$0.28, with a volume of 15040 shares. The stock had previously closed at C$0.28.

TNR Gold Stock Performance

The stock has a market capitalization of C$65.47 million, a P/E ratio of -27.50 and a beta of 0.23. The business has a 50-day moving average price of C$0.25 and a 200 day moving average price of C$0.21.

Insider Buying and Selling at TNR Gold

In other TNR Gold news, insider Jon Christian Evensen bought 262,440 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average cost of C$0.24 per share, for a total transaction of C$62,985.60. Following the transaction, the insider owned 8,738,840 shares of the company’s stock, valued at C$2,097,321.60. This represents a 3.10% increase in their ownership of the stock. Also, insider Altius Minerals Corporation purchased 7,435,000 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average price of C$0.23 per share, with a total value of C$1,710,050.00. Following the transaction, 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 sold 350,000 shares of company stock worth $91,000 over the last 90 days. 15.12% of the stock is owned by 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.