TNR Gold Corp. (CVE:TNR – Get Free Report) shares dropped 14.3% during mid-day trading on Saturday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 2,449,000 shares changed hands during trading, an increase of 730% from the average daily volume of 294,929 shares. The stock had previously closed at C$0.11.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$0.30 price target on TNR Gold and gave the company a “buy” rating in a research note on Tuesday, July 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$0.30.
Read Our Latest Research Report on TNR Gold
TNR Gold Trading Down 14.3%
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.
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