TD Securities Cuts Talon Metals (TSE:TLO) Price Target to C$0.20

Talon Metals (TSE:TLO - Get Free Report) had its target price cut by research analysts at TD Securities from C$0.25 to C$0.20 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has a "buy" rating on the mining company's stock. TD Securities' price objective would suggest a potential upside of 81.82% from the company's previous close.

Separately, Stifel Nicolaus decreased their price objective on Talon Metals from C$0.50 to C$0.45 and set a "buy" rating for the company in a research report on Thursday, January 30th.

Talon Metals Price Performance

Shares of TLO remained flat at C$0.11 during mid-day trading on Monday. The stock had a trading volume of 148,800 shares, compared to its average volume of 477,969. The company has a market cap of C$102.82 million, a P/E ratio of -55.00 and a beta of 1.13. The company has a 50-day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. Talon Metals has a one year low of C$0.08 and a one year high of C$0.20.

Talon Metals Company Profile

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.