TNR Gold (CVE:TNR) Sets New 1-Year High – Here’s What Happened

TNR Gold Corp. (CVE:TNR)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$0.27 and last traded at C$0.27, with a volume of 142001 shares. The stock had previously closed at C$0.28.

TNR Gold Stock Down 1.8%

The firm’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.22. The firm has a market cap of C$64.28 million, a P/E ratio of -27.00 and a beta of 0.23.

Insider Buying and Selling at TNR Gold

In other TNR Gold news, insider Altius Minerals Corporation bought 7,435,000 shares of TNR Gold stock in a transaction dated Friday, July 17th. The stock was purchased at an average price of C$0.23 per share, for a total transaction of C$1,710,050.00. Following the completion of the purchase, the insider directly owned 30,935,000 shares of the company’s stock, valued at approximately C$7,115,050. This trade represents a 31.64% increase in their ownership of the stock. Also, insider Jon Christian Evensen purchased 262,440 shares of the stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of C$0.24 per share, for a total transaction of C$62,985.60. Following the transaction, the insider owned 8,738,840 shares of the company’s stock, valued at approximately C$2,097,321.60. This trade represents a 3.10% increase in their ownership of the stock. Insiders have sold a total of 350,000 shares of company stock worth $91,000 over the last ninety days. 15.12% of the stock is currently owned by company insiders.

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. TNR Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.