Talon Metals (TSE:TLO) Stock Passes Above Fifty Day Moving Average - Time to Sell?

Key Points

• Talon Metals Corp. shares have surpassed their 50-day moving average of C$0.25, currently trading at C$0.30.
• The company's market capitalization is C$280.42 million with a negative PE ratio of -55.00 and a low debt-to-equity ratio of 0.08.
• Talon Metals is focused on mineral exploration in the U.S., holding significant interests in projects such as the Tamarack nickel-copper-PGE project in Minnesota and the Trairão iron project in Brazil.

Talon Metals Corp. (TSE:TLO - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.25 and traded as high as C$0.31. Talon Metals shares last traded at C$0.30, with a volume of 1,983,403 shares traded.

Talon Metals Stock Up 3.4%

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62. The company has a market cap of C$280.42 million, a PE ratio of -55.00 and a beta of 1.13. The company has a fifty day moving average price of C$0.25 and a 200 day moving average price of C$0.15.

Talon Metals Company Profile

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.