Talon Metals Corp. (TSE:TLO - Get Free Report)'s stock price shot up 38.2% on Thursday . The company traded as high as C$0.33 and last traded at C$0.26. 13,137,507 shares changed hands during trading, an increase of 1,400% from the average session volume of 875,781 shares. The stock had previously closed at C$0.19.
Wall Street Analysts Forecast Growth
Separately, TD Securities decreased their price target on shares of Talon Metals from C$0.25 to C$0.20 and set a "buy" rating for the company in a research note on Monday, March 31st.
Check Out Our Latest Analysis on Talon Metals
Talon Metals Stock Performance
The company has a market cap of C$243.03 million, a PE ratio of -55.00 and a beta of 1.13. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. The stock's 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.10.
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
