TNR Gold (CVE:TNR) Trading Down 2.2% – Should You Sell?

Shares of TNR Gold Corp. (CVE:TNR) were down 2.2% during mid-day trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 147,500 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 392,449 shares. The stock had previously closed at C$0.23.

TNR Gold Stock Performance

The company has a market cap of C$63.09 million, a price-to-earnings ratio of -26.50 and a beta of 0.24. The business has a 50-day simple moving average of C$0.24 and a 200-day simple moving average of C$0.19.

Insider Transactions at TNR Gold

In other TNR Gold news, insider Jon Christian Evensen bought 262,440 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average price of C$0.24 per share, with a total value of C$62,985.60. Following the transaction, the insider owned 8,738,840 shares of the company’s stock, valued at approximately C$2,097,321.60. The trade was a 3.10% increase in their ownership of the stock. 15.12% of the stock is owned by corporate insiders.

About TNR Gold

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.