Talon Metals Corp. (TSE:TLO - Get Free Report) shares were up 39.5% during mid-day trading on Thursday . The stock traded as high as C$0.33 and last traded at C$0.27. Approximately 14,707,631 shares changed hands during mid-day trading, an increase of 1,545% from the average daily volume of 893,898 shares. The stock had previously closed at C$0.19.
Wall Street Analyst Weigh In
Separately, TD Securities decreased their price target on shares of 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 Stock Report on Talon Metals
Talon Metals Trading Up 39.5%
The firm's 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.10. The firm has a market capitalization of C$247.70 million, a PE ratio of -55.00 and a beta of 1.13. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08.
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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