TNR Gold (CVE:TNR) Shares Down 10% – Here’s Why

TNR Gold Corp. (CVE:TNR)’s share price was down 10% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 501,625 shares traded hands during trading, an increase of 494% from the average daily volume of 84,481 shares. The stock had previously closed at C$0.05.

TNR Gold Price Performance

The firm has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.05. The company has a market capitalization of C$8.55 million, a P/E ratio of -5.00 and a beta of 0.62.

Insider Transactions at TNR Gold

In related news, Director Kirill Klip sold 600,000 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of C$0.06, for a total value of C$36,000.00. Company insiders own 15.12% of the company’s stock.

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.