Talon Metals Corp. (TSE:TLO - Get Free Report)'s stock price shot up 28.6% during mid-day trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.14. 5,254,911 shares were traded during mid-day trading, an increase of 920% from the average session volume of 515,142 shares. The stock had previously closed at C$0.11.
Analyst Ratings Changes
A number of research firms recently commented on TLO. TD Securities dropped their price objective on 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 lowered their price target on shares of Talon Metals from C$0.50 to C$0.45 and set a "buy" rating for the company in a report on Thursday, January 30th.
Get Our Latest Analysis on TLO
Talon Metals Trading Up 3.3%
The business has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.09. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The company has a market cap of C$144.88 million, a PE 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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