Talon Metals’ (TLO) “Buy” Rating Reaffirmed at Stifel Canada

Stifel Canada reissued their buy rating on shares of Talon Metals (TSE:TLO) in a research note released on Monday morning, Zacks.com reports.

Separately, Stifel Nicolaus set a C$0.50 price target on Talon Metals and gave the company a buy rating in a research note on Tuesday.

Talon Metals Trading Down 3.6 %

Shares of TLO opened at C$0.14 on Monday. Talon Metals has a 12-month low of C$0.13 and a 12-month high of C$0.39. The firm has a market capitalization of C$125.86 million, a price-to-earnings ratio of -55.00 and a beta of 1.18. The stock’s 50-day moving average price is C$0.14 and its 200 day moving average price is C$0.19. The company has a quick ratio of 5.62, a current ratio of 3.27 and a debt-to-equity ratio of 502.49.

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.