TNR Gold (CVE:TNR) Shares Up 25% – What’s Next?

TNR Gold Corp. (CVE:TNR) was up 25% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 2,281,000 shares changed hands during mid-day trading, an increase of 627% from the average daily volume of 313,894 shares. The stock had previously closed at C$0.06.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.28 target price on shares of TNR Gold and gave the company a “buy” rating in a research report on Wednesday, February 19th.

TNR Gold Stock Performance

The business’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.06. The firm has a market capitalization of C$18.06 million, a price-to-earnings ratio of -5.00 and a beta of 0.62.

TNR Gold Company Profile

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.