Talon Metals Corp. (TSE:TLO - Get Free Report) shot up 39.5% during mid-day trading on Thursday . The company traded as high as C$0.33 and last traded at C$0.27. 14,716,131 shares traded hands during mid-day trading, an increase of 1,550% from the average session volume of 891,829 shares. The stock had previously closed at C$0.19.
Analyst Ratings Changes
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 for the company in a research note on Monday, March 31st.
View Our Latest Report on TLO
Talon Metals Stock Performance
The business's fifty day moving average price is C$0.13 and its 200-day moving average price is C$0.10. The stock has a market capitalization of C$243.03 million, a PE 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.
Talon Metals Company Profile
(
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.
Further Reading
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
