TNR Gold (CVE:TNR) Hits New 1-Year High – What’s Next?

TNR Gold Corp. (CVE:TNR)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$0.32 and last traded at C$0.32, with a volume of 17784 shares. The stock had previously closed at C$0.32.

TNR Gold Stock Performance

The company has a market cap of C$76.19 million, a P/E ratio of -32.00 and a beta of 0.19. The business has a 50 day moving average price of C$0.26 and a 200-day moving average price of C$0.22.

Insider Buying and Selling at TNR Gold

In other news, insider Altius Minerals Corporation purchased 7,435,000 shares of the business’s stock in a transaction on Friday, July 17th. The stock was purchased at an average price of C$0.23 per share, for a total transaction of C$1,710,050.00. Following the completion of the purchase, the insider directly owned 30,935,000 shares in the company, valued at C$7,115,050. The trade was a 31.64% increase in their position. Also, Director Kirill Klip sold 200,000 shares of TNR Gold stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of C$0.28, for a total transaction of C$56,000.00. Following the completion of the transaction, the director directly owned 29,963,000 shares of the company’s stock, valued at approximately C$8,389,640. This trade represents a 0.66% decrease in their position. Insiders have sold 900,000 shares of company stock worth $241,500 over the last ninety days. 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.