TNR Gold (CVE:TNR) Trading Down 14.3% – Here’s What Happened

by · The Markets Daily

TNR Gold Corp. (CVE:TNR – Get Free Report)’s share price dropped 14.3% on Friday . The company 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.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on TNR

TNR Gold Stock Performance

The company has a 50 day moving average price of C$0.10 and a 200 day moving average price of C$0.09. The company has a market capitalization of C$18.58 million, a PE ratio of -9.00 and a beta of 1.07.

TNR Gold Company Profile

(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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