TNR Gold Corp. (CVE:TNR – Get Free Report) rose 17.8% during mid-day trading on Thursday . The stock traded as high as C$0.27 and last traded at C$0.27. 153,809 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 370,105 shares. The stock had previously closed at C$0.23.
TNR Gold Stock Performance
The company has a 50 day moving average of C$0.24 and a 200 day moving average of C$0.20. The stock has a market capitalization of C$63.09 million, a price-to-earnings ratio of -26.50 and a beta of 0.24.
Insider Activity at TNR Gold
In related news, insider Jon Christian Evensen acquired 262,440 shares of the stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of C$0.24 per share, with a total value of C$62,985.60. Following the completion of the transaction, the insider owned 8,738,840 shares in the company, valued at C$2,097,321.60. This represents a 3.10% increase in their position. Corporate insiders own 15.12% of the company’s stock.
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.
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