Jon Christian Evensen Buys 262,440 Shares of TNR Gold (CVE:TNR) Stock

TNR Gold Corp. (CVE:TNR) insider Jon Christian Evensen purchased 262,440 shares of the business’s stock in a transaction on Friday, May 15th. The shares were purchased at an average price of C$0.24 per share, with a total value of C$62,985.60. Following the acquisition, the insider directly owned 8,738,840 shares in the company, valued at C$2,097,321.60. This represents a 3.10% increase in their ownership of the stock.

TNR Gold Stock Performance

Shares of TNR Gold stock opened at C$0.24 on Friday. The stock has a market cap of C$50.40 million, a price-to-earnings ratio of -23.50 and a beta of 0.64. The stock has a 50 day moving average price of C$0.21 and a 200-day moving average price of C$0.17. TNR Gold Corp. has a one year low of C$0.06 and a one year high of C$0.28.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.35 target price on TNR Gold and gave the stock a “buy” rating in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, TNR Gold currently has an average rating of “Buy” and a consensus price target of C$0.35.

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.