TNR Gold (CVE:TNR) Trading Down 14.3% – Here’s What Happened

TNR Gold Corp. (CVE:TNRGet Free Report) shares fell 14.3% on Saturday . The stock traded as low as C$0.09 and last traded at C$0.09. 2,449,000 shares traded hands during trading, an increase of 730% from the average session volume of 294,929 shares. The stock had previously closed at C$0.11.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.30 price objective on shares of TNR Gold and gave the stock a “buy” rating in a research report on Tuesday, July 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, TNR Gold has a consensus rating of “Buy” and an average price target of C$0.30.

View Our Latest Report on TNR

TNR Gold Price Performance

The business’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.09. The stock has a market capitalization of C$18.58 million, a PE ratio of -9.00 and a beta of 1.07.

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.

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