TNR Gold (CVE:TNR) Trading Up 26.7% – Still a Buy?

Shares of TNR Gold Corp. (CVE:TNRGet Free Report) were up 26.7% during trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 3,346,336 shares changed hands during trading, an increase of 844% from the average daily volume of 354,544 shares. The stock had previously closed at C$0.08.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on TNR Gold

TNR Gold Stock Performance

The company’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.06. The company has a market capitalization of C$18.06 million, a PE ratio of -5.00 and a beta of 0.62.

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.

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