TNR Gold (CVE:TNR) Sets New 12-Month High – Time to Buy?

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

TNR Gold Price Performance

The stock has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.12. The company has a market capitalization of C$34.50 million, a price-to-earnings ratio of -16.50 and a beta of 1.33.

Insider Activity at TNR Gold

In related news, Director Konstantin Klip sold 200,000 shares of the firm’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 C$361,920. This trade represents 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 owned 26,763,000 shares of the company’s stock, valued at C$4,014,450. This trade represents a 0.74% decrease in their position. Insiders have sold 600,000 shares of company stock worth $94,000 over the last three months. 15.12% of the stock is owned by 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.