Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
TNR Gold Corp. operates as a company dedicated to identifying, prospecting, and evaluating various mineral resources. Its core exploration efforts are concentrated on uncovering deposits abundant in gold, copper, silver, and lithium. A significant asset for the firm is its substantial 90% ownership stake in the Shotgun gold project, located in the southwestern region of Alaska. Furthermore, the corporation holds valuable royalty entitlements connected to both the Los Azules Copper and Mariana Lithium ventures, which are situated in Argentina. TNR Gold Corp. was founded in 1988 and is based in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of TNR.V is 0.35 and suggests 29.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc