Talon Metals Corp. (TSE:TLO - Get Free Report) shares were up 5.9% during trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 446,625 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 434,979 shares. The stock had previously closed at C$0.09.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group upgraded shares of Talon Metals to a "moderate buy" rating in a report on Wednesday, October 16th.
Read Our Latest Research Report on Talon Metals
Talon Metals Stock Performance
The business has a 50-day moving average of C$0.09 and a 200 day moving average of C$0.13. The stock has a market cap of C$79.45 million, a PE ratio of -55.00 and a beta of 1.13. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81.
Insiders Place Their Bets
In other Talon Metals news, insider Resource Capital Fund VI L.P. sold 500,000 shares of Talon Metals stock in a transaction dated Friday, September 6th. The stock was sold at an average price of C$0.09, for a total value of C$45,000.00. Insiders have sold a total of 1,333,000 shares of company stock valued at $118,220 in the last quarter. 18.55% of the stock is currently owned by company insiders.
Talon Metals Company Profile
(
Get Free Report)
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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