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TNR Gold shares fell 14.3% to C$0.09 on heavy volume, despite analysts' "Buy" rating and C$0.30 target.
TNR Gold (CVE:TNR) shares dropped 14.3% on Friday, closing at C$0.09 amid a surge in trading volume to 2.45 million shares, a 730% spike from average levels.
The company, exploring for gold, copper, silver, and lithium, owns a 90% stake in Alaska’s Shotgun gold project and royalty interests in two Argentine projects.
Despite the decline, analysts maintain a consensus “Buy” rating with a C$0.30 price target.
The stock’s market cap stands at C$18.58 million, with a negative P/E of -9.00 and a beta of 1.07.
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Las acciones de TNR Gold cayeron un 14,3% a C$0,09 por un volumen elevado, a pesar de la calificación de "Comprar" de los analistas y el objetivo de C$0,30.