TNR Gold (CVE:TNR) Reaches New 12-Month Low at $0.05

TNR Gold Corp. (CVE:TNR)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 6000 shares trading hands. The stock had previously closed at C$0.05.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.24 target price on TNR Gold and gave the company a “buy” rating in a research report on Friday, June 28th.

TNR Gold Trading Down 10.0 %

The stock has a market capitalization of C$8.55 million, a price-to-earnings ratio of -5.00 and a beta of 0.62. The stock has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.06.

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.