TNR Gold (CVE:TNR) Trading Down 22.7% – Should You Sell?

Shares of TNR Gold Corp. (CVE:TNR) traded down 22.7% on Saturday . The stock traded as low as C$0.09 and last traded at C$0.09. 777,000 shares were traded during trading, an increase of 113% from the average session volume of 364,661 shares. The stock had previously closed at C$0.11.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.28 price target on TNR Gold and gave the stock a “buy” rating in a research note on Wednesday, February 19th.

TNR Gold Trading Down 22.7%

The firm has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06. The stock has a market cap of C$16.16 million, a PE ratio of -5.00 and a beta of 0.62.

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.