Fundamental Research Reiterates “C$0.24” Price Target for TNR Gold (CVE:TNR)

Fundamental Research set a C$0.24 price objective on TNR Gold (CVE:TNR) in a research report sent to investors on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

TNR Gold Price Performance

Shares of TNR stock opened at C$0.06 on Tuesday. The stock has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05. TNR Gold has a fifty-two week low of C$0.04 and a fifty-two week high of C$0.07. The stock has a market capitalization of C$10.45 million, a P/E ratio of -5.00 and a beta of 0.62.

Insider Activity at TNR Gold

In other news, Director Kirill Klip sold 600,000 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of C$0.06, for a total transaction 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.