Talon Metals (TSE:TLO) Trading Up 33.3% - Still a Buy?

Talon Metals Corp. (TSE:TLO - Get Free Report)'s stock price shot up 33.3% on Monday . The stock traded as high as C$0.15 and last traded at C$0.14. 2,565,468 shares traded hands during trading, an increase of 440% from the average session volume of 475,105 shares. The stock had previously closed at C$0.11.

Analyst Upgrades and Downgrades

Several equities analysts have commented on TLO shares. TD Securities lowered their price objective on shares of Talon Metals from C$0.25 to C$0.20 and set a "buy" rating for the company in a research report on Monday, March 31st. Stifel Nicolaus reduced their price objective on shares of Talon Metals from C$0.50 to C$0.45 and set a "buy" rating for the company in a research report on Thursday, January 30th.

Talon Metals Stock Up 28.6%

The firm's 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09. The company has a market capitalization of C$126.19 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 quick ratio of 5.62 and a current ratio of 2.81.

Talon Metals Company Profile

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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