Talon Metals Corp. (TSE:TLO - Get Free Report) dropped 15.4% on Monday . The company traded as low as C$0.21 and last traded at C$0.22. Approximately 5,540,704 shares changed hands during mid-day trading, an increase of 465% from the average daily volume of 980,381 shares. The stock had previously closed at C$0.26.
Analyst Ratings Changes
Separately, TD Securities cut their target price on Talon Metals from C$0.25 to C$0.20 and set a "buy" rating on the stock in a research note on Monday, March 31st.
Check Out Our Latest Research Report on TLO
Talon Metals Price Performance
The business has a 50 day moving average price of C$0.14 and a two-hundred day moving average price of C$0.11. The stock has a market cap of C$210.31 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.
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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