TNR Gold (CVE:TNR) Sets New 52-Week High – What’s Next?

Shares of TNR Gold Corp. (CVE:TNR) reached a new 52-week high on Monday . The company traded as high as C$0.17 and last traded at C$0.17, with a volume of 25896 shares trading hands. The stock had previously closed at C$0.18.

TNR Gold Price Performance

The business has a 50 day moving average of C$0.15 and a 200 day moving average of C$0.12. The firm has a market capitalization of C$34.50 million, a price-to-earnings ratio of -16.50 and a beta of 1.33.

Insider Buying and Selling

In other TNR Gold news, Director Konstantin Klip sold 200,000 shares of the company’s 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 value of C$32,000.00. Following the completion of the sale, the director owned 2,262,000 shares of the company’s stock, valued at approximately C$361,920. This represents a 8.12% decrease in their ownership of the stock. Also, Director Kirill Klip sold 200,000 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of C$0.15, for a total transaction of C$30,000.00. Following the completion of the sale, the director owned 26,763,000 shares in the company, valued at approximately C$4,014,450. This trade represents a 0.74% decrease in their ownership of the stock. Insiders sold a total of 600,000 shares of company stock worth $94,000 over the last quarter. 15.12% of the stock is currently owned by corporate 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.