Shares of TNR Gold Corp. (CVE:TNR – Get Free Report) fell 14.3% on Friday . The company traded as low as C$0.09 and last traded at C$0.09. 2,449,000 shares changed 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.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$0.30 target price on shares of TNR Gold and gave the stock a “buy” rating in a research note on Tuesday, July 29th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$0.30.
TNR Gold Trading Down 14.3%
TNR Gold Company Profile
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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