Added to YB: 2026-10-14
Pitch date: 2026-10-11
TNR.V [bullish]
TNR Gold Corp.
Author Info
Consolidated Rock writes about investing in commodities. Sign up for the newsletter.
Company Info
TNR Gold Corp. engages in the acquisition and exploration of mineral properties in the United States.
Market Cap
CAD 73.2M
Pitch Price
CAD 0.30
Price Target
0.45 (+50%)
Dividend
N/A
EV/EBITDA
-40.23
P/E
-32.52
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Long weekend notebook: Selling Kenorland; buying TNR Gold
TNR.V: TNR Gold offers an event-driven setup at C$0.30: management and activist JC Evensen have paused their proxy fight while Altius Minerals exclusively pursues a non-binding acquisition proposal as management faces removal at the December 8 AGM. Crude look-through math values the Los Azules royalty alone near C$0.35 per share, excluding Mariana and non-core assets; a deal closer to C$0.45 implies roughly 50% upside, but terms remain unagreed.
Read full article (2 min)