Talon Metals (TSE:TLO) Stock Price Up 6.9%

Talon Metals Corp. (TSE:TLO) shot up 6.9% on Thursday . The company traded as high as C$0.16 and last traded at C$0.16. 171,553 shares changed hands during trading, a decline of 64% from the average session volume of 481,784 shares. The stock had previously closed at C$0.15.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TLO. Stifel Canada reissued a “buy” rating on shares of Talon Metals in a research report on Monday, March 25th. Stifel Nicolaus set a C$0.50 price objective on Talon Metals and gave the stock a “buy” rating in a report on Tuesday, March 26th.

Talon Metals Trading Up 10.3 %

The company has a market cap of C$149.17 million, a P/E ratio of -55.00 and a beta of 1.18. The business has a fifty day moving average price of C$0.14 and a 200-day moving average price of C$0.18. The company has a quick ratio of 5.62, a current ratio of 3.27 and a debt-to-equity ratio of 502.49.

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.