Talon Metals Corp. (TSE:TLO - Get Free Report)'s share price traded up 39.5% on Thursday . The stock traded as high as C$0.33 and last traded at C$0.27. 14,707,631 shares traded hands during trading, an increase of 1,545% from the average session volume of 893,898 shares. The stock had previously closed at C$0.19.
Wall Street Analyst Weigh In
Separately, TD Securities lowered their target price on 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.
Read Our Latest Analysis on TLO
Talon Metals Stock Down 1.9%
The firm has a 50 day moving average price of C$0.13 and a two-hundred day moving average price of C$0.10. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08. The company has a market capitalization of C$243.03 million, a price-to-earnings ratio of -55.00 and a beta of 1.13.
About Talon Metals
(
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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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