Talon Metals Corp. (TSE:TLO - Get Free Report)'s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.22 and traded as high as C$0.31. Talon Metals shares last traded at C$0.31, with a volume of 3,511,167 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, TD Securities reduced their target price on shares of Talon Metals from C$0.25 to C$0.20 and set a "buy" rating on the stock in a research report on Monday, March 31st.
Read Our Latest Stock Report on Talon Metals
Talon Metals Price Performance
The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The company's fifty day moving average is C$0.23 and its two-hundred day moving average is C$0.14. The stock has a market cap of C$303.78 million, a price-to-earnings ratio of -55.00 and a beta of 1.13.
About Talon Metals
(
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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.
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