TNR Gold Corp. (CVE:TNR – Get Free Report) shares dropped 14.3% during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 2,449,000 shares traded hands during mid-day trading, an increase of 730% from the average daily volume of 294,929 shares. The stock had previously closed at C$0.11.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$0.30 target price on shares of TNR Gold and gave the stock a “buy” rating in a research note on Tuesday, July 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, TNR Gold has an average rating of “Buy” and an average target price of C$0.30.
Check Out Our Latest Stock Report on TNR
TNR Gold Stock Performance
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.
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