Talon Metals Corp. (TSE:TLO - Get Free Report) was 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 were traded during 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 Analysts Forecast Growth
Separately, TD Securities cut their target price on shares of Talon Metals from C$0.25 to C$0.20 and set a "buy" rating on the stock in a research report on Monday, March 31st.
Get Our Latest Analysis on Talon Metals
Talon Metals Trading Up 39.5%
The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. The company has a market capitalization of C$247.70 million, a price-to-earnings ratio of -55.00 and a beta of 1.13. The business's 50-day simple moving average is C$0.13 and its 200-day simple moving average is C$0.10.
About Talon Metals
(
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
