TNR Gold (CVE:TNR) Sets New 12-Month High – Still a Buy?

TNR Gold Corp. (CVE:TNR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.17, with a volume of 126645 shares changing hands. The stock had previously closed at C$0.17.

TNR Gold Stock Performance

The company has a market capitalization of C$35.55 million, a P/E ratio of -17.00 and a beta of 1.24. The business’s fifty day moving average price is C$0.13 and its 200 day moving average price is C$0.11.

Insider Activity at TNR Gold

In related news, Director Kirill Klip sold 200,000 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of C$0.15, for a total value of C$30,000.00. Following the sale, the director owned 26,763,000 shares of the company’s stock, valued at C$4,014,450. The trade was a 0.74% decrease in their position. 15.12% of the stock is owned by company insiders.

TNR Gold Company Profile

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.