TNR Gold (CVE:TNR) Stock Price Down 5.9% – Should You Sell?

TNR Gold Corp. (CVE:TNR – Get Free Report) was down 5.9% during trading on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 28,950 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 349,604 shares. The stock had previously closed at C$0.26.

TNR Gold Stock Down 5.9%

The company has a market capitalization of C$57.14 million, a price-to-earnings ratio of -24.00 and a beta of 0.23. The stock’s 50-day simple moving average is C$0.24 and its two-hundred day simple moving average is C$0.21.

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Insider Activity at TNR Gold

In related news, insider Jon Christian Evensen acquired 262,440 shares of TNR Gold stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of C$0.24 per share, for a total transaction of C$62,985.60. Following the completion of the transaction, the insider owned 8,738,840 shares in the company, valued at C$2,097,321.60. This represents a 3.10% increase in their position. Corporate insiders own 15.12% of the company’s stock.

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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.

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