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

TNR Gold Corp. (CVE:TNRGet Free Report) shares dropped 14.3% during trading 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 objective on 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, TNR Gold currently has an average rating of “Buy” and an average target price of C$0.30.

View Our Latest Research Report on TNR Gold

TNR Gold Stock Down 14.3%

The business has a 50 day simple moving average of C$0.10 and a 200 day simple moving average 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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