TNR Gold (CVE:TNR) Trading Down 14.3% – Should You Sell?

by · The Cerbat Gem

TNR Gold Corp. (CVE:TNR – Get Free Report) shares were down 14.3% on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 2,449,000 shares traded hands during mid-day trading, an increase of 730% from the average daily volume of 294,929 shares. The stock had previously closed at C$0.11.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.30 price target on shares of TNR Gold and gave the stock a “buy” rating in a research report on Tuesday, July 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$0.30.

Get Our Latest Analysis on TNR

TNR Gold Trading Down 14.3%

The stock’s 50-day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The company has a market capitalization of C$18.58 million, a P/E ratio of -9.00 and a beta of 1.07.

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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