TNR Gold (CVE:TNR) Stock Price Up 1.9% – Should You Buy?

TNR Gold Corp. (CVE:TNR) traded up 1.9% during mid-day trading on Tuesday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 103,515 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 317,731 shares. The stock had previously closed at C$0.27.

TNR Gold Trading Up 1.9%

The company has a market cap of C$67.10 million, a PE ratio of -13.75 and a beta of 0.03. The business has a fifty day moving average of C$0.28 and a 200-day moving average of C$0.25.

Insider Buying and Selling

In other news, Director Kirill Klip sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of C$0.28, for a total transaction of C$56,000.00. Following the transaction, the director directly owned 29,963,000 shares of the company’s stock, valued at approximately C$8,389,640. The trade was a 0.66% decrease in their ownership of the stock. Also, insider Altius Minerals Corporation bought 7,435,000 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of C$0.23 per share, with a total value of C$1,710,050.00. Following 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 ownership of the stock. Over the last quarter, insiders sold 960,000 shares of company stock worth $259,500. Corporate insiders own 15.12% of the company’s stock.

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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.