Troilus Gold (TSE:TLG) Sets New 1-Year High – Still a Buy?

Troilus Gold Corp. (TSE:TLG)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$2.33 and last traded at C$2.26, with a volume of 1885347 shares. The stock had previously closed at C$2.28.

Wall Street Analysts Forecast Growth

Separately, Cormark upgraded shares of Troilus Gold from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Troilus Gold Stock Down 0.9%

The stock has a 50-day moving average price of C$1.85 and a 200 day moving average price of C$1.44. The firm has a market capitalization of C$1.24 billion, a price-to-earnings ratio of -17.38 and a beta of 2.12.

Troilus Gold (TSE:TLG) last issued its earnings results on Thursday, December 4th. The company reported C$0.04 earnings per share for the quarter.

Troilus Gold Company Profile

Troilus Gold Corp is a Toronto-based, Quebec focused, advanced stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus property [approximately 83,385-hectare] is located Northeast of the Val-d’Or district, within the Frotet-Evans Greenstone Belt in Quebec, Canada.