TNR Gold Corp. (CVE:TNR – Get Free Report)’s stock price shot up 1.9% during mid-day trading on Tuesday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 103,515 shares traded hands during trading, a decline of 67% from the average daily volume of 317,731 shares. The stock had previously closed at C$0.27.
TNR Gold Stock Down 1.9%
The company’s 50-day simple moving average is C$0.28 and its 200 day simple moving average is C$0.25. The stock has a market capitalization of C$62.22 million, a price-to-earnings ratio of -12.75 and a beta of 0.03.
Insiders Place Their Bets
In other TNR Gold news, Director Kirill Klip sold 200,000 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of C$0.28, for a total value of C$56,000.00. Following the sale, the director owned 29,963,000 shares of the company’s stock, valued at C$8,389,640. The trade was a 0.66% decrease in their position. Also, insider Altius Minerals Corporation bought 7,435,000 shares of the company’s stock in a transaction dated Friday, July 17th. The stock was bought at an average cost of C$0.23 per share, with a total value of C$1,710,050.00. Following the completion of the acquisition, the insider owned 30,935,000 shares in the company, valued at C$7,115,050. This represents a 31.64% increase in their position. Insiders have sold 960,000 shares of company stock worth $259,500 in the last quarter. Corporate insiders own 15.12% of the company’s stock.
About TNR Gold
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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