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.
Read More
Before you consider Talon Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Talon Metals wasn't on the list.
While Talon Metals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.