Talon Metals Corp. (TSE:TLO - Get Free Report) rose 28.6% on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.14. Approximately 5,254,911 shares were traded during mid-day trading, an increase of 920% from the average daily volume of 515,142 shares. The stock had previously closed at C$0.11.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. TD Securities cut their price target on Talon Metals from C$0.25 to C$0.20 and set a "buy" rating on the stock in a report on Monday, March 31st. Stifel Nicolaus reduced their price target on 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.
Read Our Latest Stock Analysis on TLO
Talon Metals Stock Performance
The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62. The firm has a market capitalization of C$140.21 million, a price-to-earnings ratio of -55.00 and a beta of 1.13. The firm has a 50 day moving average price of C$0.10 and a 200-day moving average price of C$0.09.
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
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