TNR Gold (CVE:TNR) Given a C$0.35 Price Target by Fundamental Research Analysts

Fundamental Research set a C$0.35 price target on TNR Gold (CVE:TNR) in a research report report published on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

TNR Gold Stock Up 2.8%

TNR stock opened at C$0.19 on Wednesday. TNR Gold has a 52-week low of C$0.05 and a 52-week high of C$0.19. The company has a market capitalization of C$38.68 million, a PE ratio of -18.50 and a beta of 1.33. The stock’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.12.

Insider Buying and Selling

In other news, Director Konstantin Klip sold 200,000 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of C$0.16, for a total value of C$32,000.00. Following the completion of the transaction, the director owned 2,262,000 shares of the company’s stock, valued at approximately C$361,920. This represents a 8.12% decrease in their ownership of the stock. Also, Director Kirill Klip sold 200,000 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of C$0.15, for a total value of C$30,000.00. Following the transaction, the director directly owned 26,763,000 shares of the company’s stock, valued at approximately C$4,014,450. The trade was a 0.74% decrease in their ownership of the stock. Insiders sold a total of 600,000 shares of company stock valued at $94,000 over the last three months. Corporate insiders own 15.12% of the company’s stock.

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.