Troilus Gold (TSE:TLG) Sets New 12-Month High – Should You Buy?

Troilus Gold Corp. (TSE:TLG) hit a new 52-week high on Friday . The company traded as high as C$2.23 and last traded at C$2.20, with a volume of 91762 shares. The stock had previously closed at C$2.18.

Analysts Set New Price Targets

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

Troilus Gold Price Performance

The stock has a market cap of C$1.18 billion, a price-to-earnings ratio of -16.54 and a beta of 2.12. The firm’s fifty day moving average price is C$1.79 and its two-hundred day moving average price is C$1.39.

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

About Troilus Gold

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.