Talon Metals Corp. (TSE:TLO - Get Free Report)'s share price shot up 15% on Wednesday . The stock traded as high as C$0.35 and last traded at C$0.35. 2,581,853 shares traded hands during mid-day trading, an increase of 91% from the average session volume of 1,349,044 shares. The stock had previously closed at C$0.30.
Talon Metals Stock Performance
The firm's 50-day moving average price is C$0.26 and its two-hundred day moving average price is C$0.16. The firm has a market capitalization of C$383.24 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.
Talon Metals Company Profile
(
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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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