Fundamental Research Reiterates “C$0.28” Price Target for TNR Gold (CVE:TNR)

Fundamental Research set a C$0.28 target price on TNR Gold (CVE:TNRFree Report) in a research report sent to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

TNR Gold Stock Performance

Shares of TNR opened at C$0.07 on Wednesday. TNR Gold has a one year low of C$0.04 and a one year high of C$0.07. The stock’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.05. The firm has a market capitalization of C$12.35 million, a price-to-earnings ratio of -5.00 and a beta of 0.62.

Insiders Place Their Bets

In other news, Director Kirill Klip sold 600,000 shares of TNR Gold stock in a transaction on 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 owned by insiders.

TNR Gold Company Profile

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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.

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