Talon Metals (OTCMKTS:TLOFF) Trading 7.6% Higher – Here’s Why

Talon Metals Corp. (OTCMKTS:TLOFFGet Free Report) was up 7.6% on Friday . The stock traded as high as $5.1250 and last traded at $5.07. Approximately 391,693 shares were traded during mid-day trading, an increase of 55% from the average daily volume of 251,939 shares. The stock had previously closed at $4.71.

Wall Street Analyst Weigh In

Separately, National Bank Financial initiated coverage on shares of Talon Metals in a report on Monday, July 13th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on TLOFF

Talon Metals Trading Up 7.6%

The stock’s 50 day moving average is $4.11 and its 200 day moving average is $4.83.

About Talon Metals

(Get Free Report)

Talon Metals Corp is a Canada-based mineral exploration and development company focused on the acquisition, exploration and development of high-grade platinum group metals (PGMs), nickel, copper and cobalt projects. The company seeks to advance underexplored sulfide deposits that align with growing demand for critical metals in clean energy and electric vehicle applications.

The company’s flagship asset is the Stillwater West Project, located adjacent to Sibanye-Stillwater’s producing Stillwater and East Boulder mines in southwestern Montana, USA.

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