Talon Metals Corp. (TSE:TLO – Get Free Report) Director Frank David Wheatley sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of C$8.04, for a total transaction of C$160,800.00.
Talon Metals Stock Performance
Shares of TSE TLO traded down C$0.25 during midday trading on Thursday, reaching C$7.75. The company had a trading volume of 295,945 shares, compared to its average volume of 677,414. Talon Metals Corp. has a 1 year low of C$3.65 and a 1 year high of C$11.23. The business’s 50-day simple moving average is C$8.61 and its 200 day simple moving average is C$7.19. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The stock has a market cap of C$1.26 billion, a P/E ratio of 2,218.09 and a beta of 2.40.
Talon Metals (TSE:TLO – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The mining company reported C$0.03 earnings per share for the quarter. The company had revenue of C$73.20 million for the quarter. During the same quarter in the previous year, the business earned ($0.01) earnings per share. On average, analysts forecast that Talon Metals Corp. will post 0.01 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Separately, National Bank Financial set a C$8.00 target price on Talon Metals and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, Talon Metals has a consensus rating of “Buy” and an average target price of C$8.00.
Read Our Latest Research Report on TLO
About Talon Metals
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.
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