TNR Gold Corp. (TRRXF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
TNR Gold Corp. (TRRXF) trades at $0.26. TNR Gold Corp. is a resource exploration company focused on acquiring and developing mineral properties. Market cap: $61.9M, Sector: Basic materials.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for TRRXF: TRRXF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TRRXF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TRRXF: 2/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →TNR Gold Corp. (TRRXF) Materials & Commodity Exposure
TNR Gold Corp. is a Canadian-based resource exploration company focused on acquiring and evaluating mineral properties, primarily gold, copper, and lithium. Its key assets include a 90% interest in the Shotgun gold project in Alaska and royalty interests in the Los Azules Copper and Mariana Lithium projects in Argentina.
What Is the Investment Thesis for TRRXF?
TNR Gold Corp. presents a speculative investment opportunity within the resource exploration sector. The company's primary value driver is the potential development of its Shotgun gold project in Alaska, where it holds a 90% interest. Positive exploration results and the eventual commencement of mining operations at Shotgun could significantly increase the company's valuation. Additionally, the royalty interests in the Los Azules Copper and Mariana Lithium projects in Argentina provide potential upside exposure to the growing demand for copper and lithium, essential components in electric vehicles and renewable energy technologies. However, the company's negative P/E ratio of -27.29 reflects its current lack of profitability, and the inherent risks associated with mineral exploration and development, including permitting, financing, and commodity price volatility, must be considered.
Based on FMP financials and quantitative analysis
TRRXF Key Highlights
TNR Gold Corp. holds a 90% interest in the Shotgun gold project located in southwestern Alaska, representing a core asset.
- The company has royalty interests in the Los Azules Copper project in Argentina, offering exposure to potential copper production.
- TNR Gold also holds royalty interests in the Mariana Lithium project in Argentina, providing exposure to the lithium market.
- The company's market capitalization is approximately $0.03 billion, reflecting its status as a micro-cap company.
- TNR Gold's P/E ratio is -27.29, indicating that the company is currently not profitable.
Who Are TRRXF's Competitors?
TRRXF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| EMGDF Eminent Gold Corp. | $0.37 | +5.95% | $31.1M | 45 |
| GPMTF GPM Metals Inc. | $0.06 | +0.00% | $9.88M | 44 |
| JORFF Consolidated Lithium Metals Inc. | $0.04 | -0.50% | $21.9M | 44 |
| VTMLF Critica Limited | $0.02 | +0.00% | $55.5M | 61 |
| AFTTF AfriTin Mining Limited | $0.05 | +0.00% | $70.0M | 52 |
| BLSTF Blackstone Minerals Limited | $0.03 | +0.00% | $53.4M | 54 |
| ARRRF Ardea Resources Limited | $0.34 | +7.19% | $75.4M | 64 |
| WRSLF Winsome Resources Limited | $0.38 | +8.22% | $93.8M | 56 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TRRXF's Key Strengths?
Strategic asset locations in Alaska and Argentina.
- Royalty interests provide passive income potential.
- Exposure to gold, copper, and lithium markets.
- Experienced management team.
What Are TRRXF's Weaknesses?
Limited financial resources.
- Reliance on external partners for project development.
- Early-stage exploration company with no current revenue.
- High dependence on commodity prices.
What Could Drive TRRXF Stock Higher?
Exploration results from the Shotgun gold project in Alaska could drive positive sentiment.
- Feasibility studies for the Shotgun gold project could provide a clearer picture of its economic viability (timeline unknown).
- Development progress at the Los Azules Copper project could increase the value of TNR Gold's royalty interest.
- Advancements in lithium battery technology and increased demand for electric vehicles could boost the value of the Mariana Lithium project royalty.
- Potential acquisition of new mineral properties could expand TNR Gold's asset base (timeline unknown).
What Are the Key Risks for TRRXF?
Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Commodity price volatility can significantly impact the value of TNR Gold's assets.
- Political and regulatory risks in Alaska and Argentina could delay or halt project development.
- Environmental regulations and permitting challenges could increase costs and timelines.
- Competition from larger mining companies for resources and capital.
- Limited financial resources could hinder the company's ability to advance its projects.
What Are the Growth Opportunities for TRRXF?
- Advancement of Shotgun Gold Project: TNR Gold's primary growth opportunity lies in the continued exploration and potential development of its 90% owned Shotgun gold project in Alaska. Positive drilling results, feasibility studies, and eventual mine construction could significantly increase the company's value. The timeline for development depends on permitting and financing, but successful advancement could unlock substantial shareholder value within the next 3-5 years.
- Development of Los Azules Copper Project: TNR Gold holds a royalty interest in the Los Azules Copper project in Argentina. The development of this project by the operator could provide TNR Gold with a stream of royalty income. As the demand for copper increases due to its use in electric vehicles and renewable energy infrastructure, the value of this royalty interest could increase significantly over the next 5-7 years.
- Lithium Market Exposure through Mariana Project: The company's royalty interest in the Mariana Lithium project in Argentina provides exposure to the rapidly growing lithium market. Lithium is a key component in batteries for electric vehicles and energy storage systems. As the demand for lithium continues to rise, the value of this royalty interest could increase, providing TNR Gold with a valuable asset over the next 3-5 years.
- Acquisition of New Mineral Properties: TNR Gold has the opportunity to acquire new mineral properties with promising exploration potential. By identifying and securing rights to new properties, the company can expand its portfolio of assets and increase its potential for future growth. This strategy requires careful evaluation of geological data and market conditions, with potential acquisitions occurring within the next 1-3 years.
- Strategic Partnerships and Joint Ventures: TNR Gold can pursue strategic partnerships and joint ventures with other mining companies to share the risks and costs of exploration and development. By partnering with larger, more established companies, TNR Gold can access capital, expertise, and infrastructure that would otherwise be unavailable. These partnerships could accelerate the development of its existing projects and unlock new growth opportunities within the next 2-4 years.
What Are TRRXF's Competitive Advantages?
- Property Rights: Exclusive rights to explore and develop mineral properties provide a barrier to entry.
- Geographic Location: Strategic locations of projects in Alaska and Argentina offer access to potentially rich mineral deposits.
- Royalty Agreements: Royalty interests provide passive income potential without direct operational risk.
What Does TRRXF Do?
TNR Gold Corp., incorporated in 1988 and headquartered in Vancouver, Canada, is a resource exploration company dedicated to the acquisition, exploration, and evaluation of mineral properties. The company's strategic focus is on identifying and developing projects with significant potential for gold, copper, silver, and lithium deposits. TNR Gold's flagship asset is its 90% interest in the Shotgun gold project, located in southwestern Alaska, a region known for its rich mineral resources. This project represents a core component of the company's long-term growth strategy. In addition to its direct project interests, TNR Gold holds royalty interests in the Los Azules Copper project and the Mariana Lithium project, both situated in Argentina. These royalty interests provide the company with exposure to potential upside from the development and production of these projects without the direct operational risks and capital expenditures. TNR Gold operates within the industrial materials sector, navigating the complexities of mineral exploration and project development. The company's success hinges on its ability to identify promising mineral properties, conduct effective exploration programs, and secure strategic partnerships to advance its projects toward production.
What Products and Services Does TRRXF Offer?
- Acquires and explores mineral properties.
- Focuses on gold, copper, silver, and lithium deposits.
- Holds a 90% interest in the Shotgun gold project in Alaska.
- Maintains royalty interests in the Los Azules Copper project in Argentina.
- Holds royalty interests in the Mariana Lithium project in Argentina.
- Evaluates mineral properties for potential development.
How Does TRRXF Make Money?
- Acquires mineral properties through staking, option agreements, or direct purchase.
- Explores these properties to identify and assess mineral resources.
- Seeks to develop these resources directly or through partnerships.
- Generates revenue through the sale of mineral resources or royalty income.
What Industry Does TRRXF Operate In?
TNR Gold Corp. operates within the industrial materials sector, specifically focusing on mineral exploration. The sector is characterized by high risk and high reward, with companies seeking to discover and develop valuable mineral deposits. The demand for gold, copper, and lithium is influenced by macroeconomic factors, technological advancements, and geopolitical events. TNR Gold competes with other exploration companies, major mining firms, and junior resource companies for access to capital, mineral properties, and skilled personnel. The company's success depends on its ability to identify and develop economically viable mineral deposits in a competitive landscape.
Who Are TRRXF's Key Customers?
- Not applicable; TNR Gold is an exploration company, not a producer.
- Potential customers would be mining companies or end-users of the minerals if the projects reach production.
Company Profile
TNR Gold Corp. operates in the Industrial Materials industry within the Basic Materials sector. It is headquartered in Vancouver, CA. The company is led by CEO Kirill Klip. TRRXF has traded publicly since 2013.
TNR Gold Corp. (TRRXF) Valuation Context
Valued at $61.9M, TRRXF is classified as a micro-cap stock.
Key Financial Metrics
Its free cash flow yield is -0.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.31 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -2.7%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
TNR Gold Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
TRRXF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strategic asset locations in Alaska and Argentina.
- Royalty interests provide passive income potential.
- Exposure to gold, copper, and lithium markets.
- Experienced management team.
Bear Case
- Limited financial resources.
- Reliance on external partners for project development.
- Early-stage exploration company with no current revenue.
- High dependence on commodity prices.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
TRRXF Latest News
No recent news available for TRRXF.
TRRXF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TRRXF.
Price Targets
Wall Street price target analysis for TRRXF.
TRRXF MoonshotScore
What does this score mean?
The MoonshotScore rates TRRXF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Kirill Klip
CEO
Kirill Klip has extensive experience in the resource sector, with a background in finance and investment. He has been involved in the acquisition, exploration, and development of mineral properties for over 20 years. His expertise includes project evaluation, financing, and strategic planning. He has held various leadership positions in junior mining companies and has a strong understanding of the global resource market.
Track Record: Under Kirill Klip's leadership, TNR Gold Corp. has focused on acquiring and advancing its key mineral properties, including the Shotgun gold project in Alaska and royalty interests in Argentina. He has overseen exploration programs, secured financing, and established strategic partnerships to advance the company's projects. His focus has been on creating long-term value for shareholders through the discovery and development of mineral resources.
TRRXF OTC Market Information
The OTC Other tier, also known as the Pink Market, represents the lowest tier of the over-the-counter (OTC) market. Companies trading on this tier are not required to meet minimum financial standards or reporting requirements, unlike those listed on the NYSE or NASDAQ. This lack of regulation makes investing in OTC Other stocks significantly riskier due to the potential for fraud, limited information, and higher price volatility. Investors should exercise extreme caution and conduct thorough due diligence before considering investments in this tier.
- OTC Tier: OTC Other
- Limited Disclosure: Lack of financial reporting requirements increases information asymmetry and the risk of fraud.
- Low Liquidity: Thin trading volume makes it difficult to buy or sell shares at desired prices.
- Price Volatility: OTC Other stocks are subject to significant price swings due to low trading volume and speculative trading.
- Regulatory Scrutiny: Companies on the OTC Other tier are subject to less regulatory oversight, increasing the risk of mismanagement or illegal activities.
- Going Concern Risk: Many companies on the OTC Other tier are early-stage or financially distressed, increasing the risk of bankruptcy or delisting.
- Verify the company's management team and their track record.
- Review the company's business plan and financial projections.
- Assess the company's assets and liabilities.
- Check for any legal or regulatory issues.
- Understand the company's capital structure and ownership.
- Monitor trading volume and price activity.
- Consult with a qualified financial advisor.
- Independent Audits: Look for evidence of independent audits of the company's financial statements.
- Clear Communication: Assess the quality and transparency of the company's communication with investors.
- Industry Recognition: Check for any awards, certifications, or recognition from reputable industry organizations.
- Active Website: A professional and up-to-date website can indicate a legitimate business operation.
- Physical Presence: Verify the company's physical address and operations.
TRRXF Basic Materials Stock FAQ
What does TNR Gold Corp. do?
TNR Gold Corp. is a resource exploration company focused on acquiring, exploring, and evaluating mineral properties. The company primarily targets gold, copper, silver, and lithium deposits. Its main assets include a 90% interest in the Shotgun gold project in Alaska and royalty interests in the Los Azules Copper and Mariana Lithium projects in Argentina. TNR Gold seeks to create value by discovering and developing economically viable mineral resources.
What do analysts say about TRRXF stock?
As of 2026-03-17, there is no readily available analyst coverage for TRRXF. Given its micro-cap status and OTC listing, the stock is unlikely to be widely followed by major brokerage firms. Investors should conduct their own thorough research and due diligence before investing.
What are the main risks for TRRXF?
TNR Gold Corp. faces several risks inherent to the resource exploration sector. Commodity price volatility can significantly impact the value of its mineral assets. Political and regulatory risks in Alaska and Argentina could delay or halt project development. Environmental regulations and permitting challenges could increase costs and timelines.
What are the key factors to evaluate for TRRXF?
Evaluate TRRXF on fundamentals, analyst consensus, and risk factors. TNR Gold Corp. presents a speculative investment opportunity within the resource exploration sector. Not financial advice.
How frequently does TRRXF data refresh on this page?
TRRXF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven TRRXF's recent stock price performance?
TNR Gold Corp. (TRRXF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic asset locations in Alaska and Argentina. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TRRXF overvalued or undervalued right now?
TNR Gold Corp. (TRRXF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research TRRXF before investing?
Before investing in TNR Gold Corp. (TRRXF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- OTC market data may be less reliable than exchange-listed data.
- AI analysis is pending and may provide further insights.