Stifel Canada Estimates Talon Metals FY2028 Earnings

Key Points

• Analysts at Stifel Canada project that Talon Metals Corp. will report earnings per share of $0.05 for FY2028, a notable increase from the current estimate of $0.01.
• TD Securities has raised its target price for Talon Metals from C$0.35 to C$0.50, maintaining a "buy" rating, with two analysts confirming a consensus rating of "Buy".
• Talon Metals' shares opened at C$0.38 on Wednesday, showing a 1-year low of C$0.08 and a high of C$0.43, with a market capitalization of C$350.52 million.

Talon Metals Corp. (TSE:TLO - Free Report) - Equities research analysts at Stifel Canada issued their FY2028 EPS estimates for shares of Talon Metals in a report issued on Monday, August 18th. Stifel Canada analyst M. Tapscott expects that the mining company will post earnings per share of $0.05 for the year. The consensus estimate for Talon Metals' current full-year earnings is $0.01 per share.

Separately, TD Securities lifted their target price on shares of Talon Metals from C$0.35 to C$0.50 and gave the stock a "buy" rating in a research note on Monday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of C$0.48.

Talon Metals Price Performance

Shares of TLO traded up C$0.02 during mid-day trading on Wednesday, reaching C$0.42. 2,428,523 shares of the company's stock were exchanged, compared to its average volume of 1,526,052. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08. The company has a 50-day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.18. Talon Metals has a 52-week low of C$0.08 and a 52-week high of C$0.43. The company has a market cap of C$392.58 million, a price-to-earnings ratio of -55.00 and a beta of 1.13.

About Talon Metals

Talon Metals Corp., a mineral exploration company, explores for and develops mineral properties in the United States. It owns an 18.45% interest is the Tamarack nickel-copper-PGE project located in Minnesota, the United States; and a 100% interest in the Trairão iron project located in Brazil. The company is headquartered in Road Town, the British Virgin Islands.