Stifel Canada Forecasts 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) - Analysts at Stifel Canada issued their FY2028 earnings per share estimates for Talon Metals in a note issued to investors on Monday, August 18th. Stifel Canada analyst M. Tapscott anticipates that the mining company will post earnings of $0.05 per share for the year. The consensus estimate for Talon Metals' current full-year earnings is $0.01 per share.

Separately, TD Securities upped their target price on Talon Metals from C$0.35 to C$0.50 and gave the stock a "buy" rating in a research note on Monday, August 18th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Talon Metals currently has an average rating of "Buy" and an average price target of C$0.48.

Talon Metals Price Performance

Shares of TLO stock traded down C$0.01 during trading on Wednesday, hitting C$0.41. The company had a trading volume of 249,342 shares, compared to its average volume of 1,518,217. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. The firm has a market capitalization of C$383.24 million, a P/E ratio of -55.00 and a beta of 1.13. The stock's 50-day moving average price is C$0.30 and its 200 day moving average price is C$0.18. Talon Metals has a one year low of C$0.08 and a one year high of C$0.43.

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.