TNR Gold (CVE:TNR) Shares Down 5.9% – Here’s Why

TNR Gold Corp. (CVE:TNRGet Free Report)’s stock price traded down 5.9% on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. 28,950 shares traded hands during trading, a decline of 92% from the average daily volume of 349,604 shares. The stock had previously closed at C$0.26.

TNR Gold Stock Performance

The stock’s 50-day moving average is C$0.24 and its 200 day moving average is C$0.21. The stock has a market capitalization of C$57.14 million, a PE ratio of -24.00 and a beta of 0.23.

Insider Activity

In other news, insider Jon Christian Evensen bought 262,440 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of C$0.24 per share, for a total transaction of C$62,985.60. Following the completion of the transaction, the insider owned 8,738,840 shares of the company’s stock, valued at approximately C$2,097,321.60. This trade represents a 3.10% increase in their ownership of the stock. Insiders own 15.12% of the company’s stock.

About TNR Gold

(Get Free Report)

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.

Further Reading

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