TNR Gold (CVE:TNR) Stock Price Up 26.7% – Here’s What Happened

TNR Gold Corp. (CVE:TNRGet Free Report) shot up 26.7% during trading on Saturday . The company traded as high as C$0.10 and last traded at C$0.10. 3,346,336 shares traded hands during mid-day trading, an increase of 844% from the average session volume of 354,544 shares. The stock had previously closed at C$0.08.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.28 price objective on shares of TNR Gold and gave the company a “buy” rating in a report on Wednesday, February 19th.

Read Our Latest Research Report on TNR

TNR Gold Stock Performance

The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.06. The firm has a market capitalization of C$18.06 million, a price-to-earnings ratio of -5.00 and a beta of 0.62.

About TNR Gold

(Get Free Report)

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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