TNR Gold (CVE:TNR) Reaches New 52-Week High – What’s Next?

TNR Gold Corp. (CVE:TNR) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.23, with a volume of 239633 shares trading hands. The stock had previously closed at C$0.25.

TNR Gold Stock Performance

The stock has a market capitalization of C$60.71 million, a PE ratio of -25.50 and a beta of 0.24. The firm’s 50 day moving average is C$0.24 and its two-hundred day moving average is C$0.20.

Insider Buying and Selling

In related news, insider Jon Christian Evensen purchased 262,440 shares of the business’s stock in a transaction on Friday, May 15th. The shares were bought at an average price of C$0.24 per share, for a total transaction of C$62,985.60. Following the acquisition, the insider directly owned 8,738,840 shares in the company, valued at C$2,097,321.60. This trade represents a 3.10% increase in their ownership of the stock. 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.