TNR Gold (CVE:TNR) Shares Down 22.7% – Here’s What Happened

TNR Gold Corp. (CVE:TNRGet Free Report)’s share price was down 22.7% during trading on Saturday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 777,000 shares changed hands during mid-day trading, an increase of 113% from the average daily volume of 364,661 shares. The stock had previously closed at C$0.11.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$0.28 price objective on shares of TNR Gold and gave the stock a “buy” rating in a research report on Wednesday, February 19th.

View Our Latest Report on TNR

TNR Gold Stock Performance

The firm’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.06. The firm has a market capitalization of C$16.16 million, a PE ratio of -5.00 and a beta of 0.62.

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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