Talon Metals (TSE:TLO) Shares Pass Above 50-Day Moving Average of $0.14

Talon Metals Corp. (TSE:TLO - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.14 and traded as high as C$0.18. Talon Metals shares last traded at C$0.17, with a volume of 199,629 shares.

Analysts Set New Price Targets

A number of analysts have issued reports on TLO shares. Stifel Canada reaffirmed a "buy" rating on shares of Talon Metals in a research note on Monday, March 25th. Stifel Nicolaus set a C$0.50 target price on Talon Metals and gave the stock a "buy" rating in a research note on Tuesday, March 26th.

Talon Metals Stock Up 6.3 %

The firm has a market capitalization of C$158.49 million, a price-to-earnings ratio of -55.00 and a beta of 1.18. The business has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.17. The company has a debt-to-equity ratio of 502.49, a quick ratio of 5.62 and a current ratio of 3.27.

About Talon Metals

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.