Altius Minerals Corporation Buys 7,435,000 Shares of TNR Gold (CVE:TNR) Stock

TNR Gold Corp. (CVE:TNR) insider Altius Minerals Corporation purchased 7,435,000 shares of the stock in a transaction dated Friday, July 17th. The shares were acquired at an average cost of C$0.23 per share, for a total transaction of C$1,710,050.00. Following the completion of the acquisition, the insider owned 30,935,000 shares of the company’s stock, valued at approximately C$7,115,050. This represents a 31.64% increase in their ownership of the stock.

TNR Gold Price Performance

TNR stock opened at C$0.25 on Thursday. The company has a market cap of C$59.52 million, a P/E ratio of -25.00 and a beta of 0.23. TNR Gold Corp. has a 1 year low of C$0.08 and a 1 year high of C$0.28. The stock’s fifty day moving average price is C$0.25 and its 200-day moving average price is C$0.21.

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.