TNR Gold (CVE:TNR) Trading 8.3% Higher – Time to Buy?

TNR Gold Corp. (CVE:TNR) was up 8.3% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 220,000 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 309,473 shares. The stock had previously closed at C$0.06.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.28 price target on TNR Gold and gave the stock a “buy” rating in a research note on Wednesday, February 19th.

TNR Gold Stock Down 8.3 %

The stock has a market capitalization of C$10.45 million, a price-to-earnings ratio of -5.00 and a beta of 0.62. The firm has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05.

Insider Buying and Selling

In other news, Director Kirill Klip sold 600,000 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of C$0.06, for a total value of C$36,000.00. 15.12% of the stock is currently owned by corporate 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.