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Talon Metals (TSE:TLO) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Talon Metals logo with background

Shares of Talon Metals Corp. (TSE:TLO - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.12 and traded as high as C$0.20. Talon Metals shares last traded at C$0.20, with a volume of 1,208,835 shares trading hands.

Analysts Set New Price Targets

Separately, TD Securities decreased their price target on Talon Metals from C$0.25 to C$0.20 and set a "buy" rating for the company in a research report on Monday, March 31st.

Read Our Latest Stock Analysis on TLO

Talon Metals Stock Up 2.6%

The business's 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.10. The firm has a market capitalization of C$186.94 million, a PE ratio of -55.00 and a beta of 1.13. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08.

About Talon Metals

(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.

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