Talon Metals Corp. (TSE:TLO - Free Report) - Equities researchers at Stifel Canada dropped their FY2024 earnings per share (EPS) estimates for shares of Talon Metals in a research report issued to clients and investors on Sunday, December 15th. Stifel Canada analyst M. Tapscott now expects that the mining company will earn $0.00 per share for the year, down from their prior forecast of $0.01. The consensus estimate for Talon Metals' current full-year earnings is $0.01 per share. Stifel Canada also issued estimates for Talon Metals' FY2026 earnings at $0.00 EPS and FY2027 earnings at $0.00 EPS.
A number of other equities analysts have also weighed in on the stock. Canaccord Genuity Group upgraded shares of Talon Metals to a "moderate buy" rating in a report on Wednesday, October 16th. TD Securities lowered their price target on Talon Metals from C$0.55 to C$0.30 and set a "buy" rating on the stock in a report on Monday, November 18th.
View Our Latest Report on Talon Metals
Talon Metals Stock Performance
TSE:TLO remained flat at C$0.09 during trading hours on Wednesday. The company's stock had a trading volume of 206,551 shares, compared to its average volume of 486,848. 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 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.11. Talon Metals has a 1-year low of C$0.08 and a 1-year high of C$0.21. The firm has a market capitalization of C$84.12 million, a PE ratio of -55.00 and a beta of 1.13.
About Talon Metals
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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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