Talon Metals (TSE:TLO - Get Free Report) had its price objective dropped by equities researchers at Stifel Nicolaus from C$0.50 to C$0.45 in a report issued on Thursday,BayStreet.CA reports. The firm currently has a "buy" rating on the mining company's stock. Stifel Nicolaus' price target would suggest a potential upside of 462.50% from the stock's previous close.
Other research analysts have also recently issued reports about the company. TD Securities dropped their target price on Talon Metals from C$0.55 to C$0.30 and set a "buy" rating on the stock in a research report on Monday, November 18th. Canaccord Genuity Group raised shares of Talon Metals to a "moderate buy" rating in a report on Wednesday, October 16th.
Check Out Our Latest Stock Report on Talon Metals
Talon Metals Stock Performance
Shares of TSE TLO remained flat at C$0.08 during midday trading on Thursday. The stock had a trading volume of 74,829 shares, compared to its average volume of 390,181. The stock has a market capitalization of C$74.78 million, a price-to-earnings ratio of -55.00 and a beta of 1.13. Talon Metals has a 12-month low of C$0.08 and a 12-month high of C$0.20. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average price of C$0.09 and a 200-day moving average price of C$0.09.
Talon Metals Company Profile
(
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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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