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

TNR Gold Corp. (CVE:TNR)’s share price 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 Trading Down 2.9%

The firm has a market cap of C$34.50 million, a P/E ratio of -16.50 and a beta of 1.33. The business’s fifty day simple moving average is C$0.14 and its 200-day simple moving average is C$0.11.

Insiders Place Their Bets

In other TNR Gold news, Director Konstantin Klip sold 200,000 shares of TNR Gold 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 completion of the sale, the director directly owned 2,262,000 shares in the company, valued at C$361,920. The trade was a 8.12% decrease in their ownership of the stock. Also, Director Kirill Klip sold 200,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 26,763,000 shares of the company’s stock, valued at approximately C$4,014,450. This represents a 0.74% decrease in their position. Insiders sold 600,000 shares of company stock worth $94,000 in the last quarter. 15.12% of the stock is currently 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.