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The latest update is out from TNR Gold Corp (new) ( (TSE:TNR) ).
TNR Gold Corp has announced a strategic review of developing M&A opportunities, highlighting its position in the green energy metals and gold sectors. The company has successfully marketed its GEM Royalty Story, attracting increased M&A interest and defending against hostile takeover attempts. TNR Gold’s strategic actions have resulted in strong shareholder value, with the company’s share price performing above market averages during challenging times. The company continues to focus on maximizing shareholder value through strategic transactions and further royalty acquisitions.
The most recent analyst rating on (TSE:TNR) stock is a Buy with a C$0.30 price target. To see the full list of analyst forecasts on TNR Gold Corp (new) stock, see the TSE:TNR Stock Forecast page.
Spark’s Take on TSE:TNR Stock
According to Spark, TipRanks’ AI Analyst, TSE:TNR is a Neutral.
TNR Gold Corp’s overall stock score is heavily impacted by its poor financial performance due to persistent losses and lack of revenue. However, positive technical indicators and promising corporate events offer some optimism.
To see Spark’s full report on TSE:TNR stock, click here.
More about TNR Gold Corp (new)
TNR Gold Corp is a company focused on the green energy metals and gold industry. It offers a unique entry into the supply chains powering the energy transition, with interests in lithium, copper, silver, and gold projects. The company holds royalties on the Mariana Lithium Project in Argentina and the Los Azules Copper Project, and has a significant stake in the Shotgun Gold Project in Alaska.
Average Trading Volume: 341,826
Technical Sentiment Signal: Buy
Current Market Cap: C$29.2M
For an in-depth examination of TNR stock, go to TipRanks’ Overview page.