Talon Metals Corp. (TSE:TLO - Get Free Report) shares shot up 20% during trading on Wednesday . The company traded as high as C$0.36 and last traded at C$0.36. 4,814,332 shares changed hands during trading, an increase of 251% from the average session volume of 1,370,432 shares. The stock had previously closed at C$0.30.
Talon Metals Price Performance
The company has a market capitalization of C$383.24 million, a price-to-earnings ratio of -55.00 and a beta of 1.13. 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 business has a fifty day moving average price of C$0.26 and a 200 day moving average price of C$0.16.
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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