TNR Gold (CVE:TNR) Trading Up 26.7% – Still a Buy?

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

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on TNR Gold

TNR Gold Stock Up 26.7%

The stock’s fifty day moving average is C$0.06 and its two-hundred day moving average is 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.

TNR Gold Company Profile

(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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