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Talon Metals (TSE:TLO) Reaches New 52-Week High - Time to Buy?

Talon Metals logo with background

Key Points

  • Talon Metals Corp. shares hit a new 52-week high at C$0.41, reflecting a 15.5% increase in trading volume, with over 8 million shares changing hands.
  • The company has strong liquidity ratios, including a quick ratio of 5.62 and a current ratio of 2.81, indicating a strong financial position.
  • Talon Metals holds an 18.45% interest in the Tamarack nickel-copper-PGE project in Minnesota and a 100% interest in the Trairão iron project in Brazil.
  • Looking to Export and Analyze Talon Metals Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Talon Metals Corp. (TSE:TLO - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$0.41 and last traded at C$0.41, with a volume of 8340250 shares changing hands. The stock had previously closed at C$0.36.

Talon Metals Trading Up 15.5%

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 stock has a market capitalization of C$383.24 million, a P/E ratio of -55.00 and a beta of 1.13. The firm's 50 day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.15.

Talon Metals Company Profile

(Get Free Report)

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.

See Also

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