TNR Gold (CVE:TNR) Reaches New 1-Year High – Here’s Why

TNR Gold Corp. (CVE:TNR) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17, with a volume of 2130 shares traded. The stock had previously closed at C$0.17.

TNR Gold Stock Performance

The stock has a 50-day moving average of C$0.14 and a two-hundred day moving average of C$0.11. The company has a market cap of C$34.50 million, a P/E ratio of -16.50 and a beta of 1.33.

Insider Activity

In other news, Director Kirill Klip sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of C$0.15, for a total value of C$30,000.00. Following the transaction, the director owned 26,763,000 shares in the company, valued at approximately C$4,014,450. This represents a 0.74% decrease in their ownership of the stock. Also, Director Konstantin Klip sold 200,000 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of C$0.16, for a total transaction of C$32,000.00. Following the sale, the director owned 2,262,000 shares in the company, valued at approximately C$361,920. The trade was a 8.12% decrease in their position. In the last ninety days, insiders sold 600,000 shares of company stock valued at $94,000. 15.12% of the stock is owned by 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.