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

by · The Markets Daily

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

Analyst Upgrades and Downgrades

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 note on Tuesday, July 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$0.30.

Check Out Our Latest Research Report on TNR Gold

TNR Gold Stock Performance

The firm has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.09. The firm has a market capitalization of C$18.58 million, a P/E 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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