Tnr Gold Corp Stock Price on September 19, 2023

TNR Stock  CAD 0.05  0.00  0.00%   
Below is the normalized historical share price chart for TNR Gold Corp extending back to September 25, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TNR Gold stands at 0.05, as last reported on the 25th of December, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day.
200 Day MA
0.0549
50 Day MA
0.0518
Beta
0.641
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in TNR Stock, it is important to understand the factors that can impact its price. At this stage we consider TNR Stock to be out of control. TNR Gold Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0195, which indicates the firm had a 0.0195% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for TNR Gold Corp, which you can use to evaluate the volatility of the company. Please validate TNR Gold's coefficient of variation of 4737.82, and Risk Adjusted Performance of 0.025 to confirm if the risk estimate we provide is consistent with the expected return of 0.0775%.
  
Capital Stock is likely to climb to about 39.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 576.5 K in 2024. . At this time, TNR Gold's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 18.09 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop (7.10) in 2024. TNR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0195

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskTNRHuge Risk
Negative Returns

Estimated Market Risk

 3.98
  actual daily
35
65% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average TNR Gold is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TNR Gold by adding it to a well-diversified portfolio.
Price Book
48.753
Book Value
0.003
Enterprise Value
16.4 M
Enterprise Value Ebitda
2.2591
Shares Float
161.1 M

TNR Gold Valuation on September 19, 2023

It is possible to determine the worth of TNR Gold on a given historical date. On September 19, 2023 TNR was worth 0.055 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TNR Gold stock. Still, in general, we apply an absolute valuation method to find TNR Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TNR Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TNR Gold's related companies.
 Open High Low Close Volume
  0.06    0.06    0.06    0.06    863,000  
09/19/2023
  0.06    0.06    0.06    0.06    20,000  
  0.06    0.06    0.06    0.06    10,000  
Backtest TNR Gold  |  TNR Gold History  |  TNR Gold Valuation   PreviousNext  
Open Value
0.055
0.0006
Downside
0.055
Closing Value
11.98
Upside

TNR Gold Trading Date Momentum on September 19, 2023

On September 20 2023 TNR Gold Corp was traded for  0.06  at the closing time. The highest daily price throughout the period was 0.06  and the lowest price was  0.06 . The daily volume was 10 K. The net trading volume on 09/20/2023 did not result in any price rise and fall. The trading price change to current closing price is 18.18% .

TNR Gold Corp Fundamentals Correlations and Trends

By evaluating TNR Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TNR Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TNR financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TNR Gold Stock history

TNR Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TNR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TNR Gold Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TNR Gold stock prices may prove useful in developing a viable investing in TNR Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding219.5 M111.4 M
Net Loss-349.2 K-366.7 K

TNR Gold Stock Technical Analysis

TNR Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TNR Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TNR Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

TNR Gold Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

TNR Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

TNR Gold December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how TNR Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TNR Gold shares will generate the highest return on investment. By undertsting and applying TNR Gold stock market strength indicators, traders can identify TNR Gold Corp entry and exit signals to maximize returns

TNR Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TNR Gold's price direction in advance. Along with the technical and fundamental analysis of TNR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TNR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for TNR Stock Analysis

When running TNR Gold's price analysis, check to measure TNR Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TNR Gold is operating at the current time. Most of TNR Gold's value examination focuses on studying past and present price action to predict the probability of TNR Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNR Gold's price. Additionally, you may evaluate how the addition of TNR Gold to your portfolios can decrease your overall portfolio volatility.