TNR Gold (CVE:TNR) Shares Climb 3.4% – Here’s Why

Shares of TNR Gold Corp. (CVE:TNR) rose 3.4% during trading on Thursday. The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 136,500 shares changed hands during trading, a decline of 58% from the average session volume of 328,040 shares. The stock had previously closed at C$0.29.

TNR Gold Trading Up 3.4%

The company has a market cap of C$73.19 million, a price-to-earnings ratio of -15.00 and a beta of 0.40. The business has a 50-day moving average price of C$0.28 and a 200 day moving average price of C$0.24.

Insider Buying and Selling at TNR Gold

In other TNR Gold news, Director Kirill Klip sold 300,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of C$0.27, for a total value of C$81,000.00. Following the transaction, the director owned 30,163,000 shares in the company, valued at approximately C$8,144,010. This represents a 0.98% decrease in their position. In the last 90 days, insiders sold 610,000 shares of company stock valued at $168,500. 15.12% of the stock is 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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.