Free Trial

Talon Metals (TSE:TLO) Trading 39.5% Higher - Here's What Happened

Talon Metals logo with background

Talon Metals Corp. (TSE:TLO - Get Free Report) traded up 39.5% on Thursday . The company traded as high as C$0.33 and last traded at C$0.27. 14,707,631 shares changed 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.

Analysts Set New Price Targets

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.

Read Our Latest Research Report on TLO

Talon Metals Price Performance

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 stock has a market cap of C$243.03 million, a price-to-earnings ratio of -55.00 and a beta of 1.13. The stock has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.10.

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.

Recommended Stories

Should You Invest $1,000 in Talon Metals Right Now?

Before you consider Talon Metals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Talon Metals wasn't on the list.

While Talon Metals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines