Talon Metals (TSE:TLO) Trading Up 30.1% – What’s Next?

Talon Metals Corp. (TSE:TLOGet Free Report)’s stock price shot up 30.1% during mid-day trading on Friday . The company traded as high as C$0.59 and last traded at C$0.54. 22,184,823 shares traded hands during trading, an increase of 1,077% from the average session volume of 1,885,394 shares. The stock had previously closed at C$0.42.

Talon Metals Stock Performance

The stock has a market capitalization of C$654.99 million, a P/E ratio of -55.00 and a beta of 0.87. The company has a fifty day moving average of C$0.43 and a two-hundred day moving average of C$0.36. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62.

Talon Metals Company Profile

(Get Free Report)

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 TrairĂ£o iron project located in Brazil. The company is headquartered in Road Town, the British Virgin Islands.

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