Shares of Talon Metals Corp. (TSE:TLO - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.09 and traded as high as C$0.10. Talon Metals shares last traded at C$0.10, with a volume of 363,186 shares trading hands.
Wall Street Analyst Weigh In
TLO has been the subject of a number of research reports. TD Securities decreased their target price on Talon Metals from C$0.55 to C$0.30 and set a "buy" rating for the company in a report on Monday, November 18th. Canaccord Genuity Group raised shares of Talon Metals to a "moderate buy" rating in a research report on Wednesday, October 16th.
View Our Latest Research Report on Talon Metals
Talon Metals Price Performance
The firm has a 50-day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.11. The company has a market capitalization of C$88.80 million, a price-to-earnings ratio of -55.00 and a beta of 1.13. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08.
Insider Buying and Selling
In other news, insider Resource Capital Fund VI L.P. sold 350,000 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$0.09, for a total transaction of C$29,750.00. 18.55% of the stock is owned by corporate insiders.
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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