Talon Metals (TSE:TLO) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Talon Metals Corp. (TSE:TLO - Get Free Report)'s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.11 and traded as high as C$0.18. Talon Metals shares last traded at C$0.17, with a volume of 3,247,486 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently commented on TLO. TD Securities decreased their target price on shares of 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. Stifel Nicolaus reduced their price target on Talon Metals from C$0.50 to C$0.45 and set a "buy" rating on the stock in a research report on Thursday, January 30th.

Talon Metals Stock Down 7.5%

The business has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.10. 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 firm has a market capitalization of C$172.92 million, a price-to-earnings ratio of -55.00 and a beta of 1.13.

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.