Talon Metals’ (TLO) “Buy” Rating Reaffirmed at Stifel Canada

Stifel Canada reiterated their buy rating on shares of Talon Metals (TSE:TLO) in a report published on Monday, Zacks.com reports.

Separately, Stifel Nicolaus set a C$0.50 price objective on shares of Talon Metals and gave the company a buy rating in a report on Tuesday.

Talon Metals Price Performance

Shares of TSE:TLO opened at C$0.14 on Monday. The firm’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.19. The company has a current ratio of 3.27, a quick ratio of 5.62 and a debt-to-equity ratio of 502.49. The firm has a market capitalization of C$125.86 million, a P/E ratio of -55.00 and a beta of 1.18. Talon Metals has a 52 week low of C$0.13 and a 52 week high of C$0.39.

About Talon Metals

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.