Treasury Metals (TSE:TML) Stock Price Up 11.1%

Treasury Metals Inc. (TSE:TML) shares traded up 11.1% on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. 182,000 shares were traded during trading, a decline of 9% from the average session volume of 200,814 shares. The stock had previously closed at C$0.23.

Wall Street Analyst Weigh In

Separately, Cormark cut their target price on Treasury Metals from C$0.50 to C$0.30 in a research report on Friday, March 1st.

Treasury Metals Trading Up 8.7 %

The company has a current ratio of 3.66, a quick ratio of 2.24 and a debt-to-equity ratio of 17.09. The stock has a market cap of C$46.77 million, a price-to-earnings ratio of -2.78 and a beta of 1.56. The company has a fifty day simple moving average of C$0.21 and a 200-day simple moving average of C$0.17.

Treasury Metals (TSE:TML) last released its quarterly earnings results on Friday, March 22nd. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, research analysts forecast that Treasury Metals Inc. will post -0.02 earnings per share for the current fiscal year.

About Treasury Metals

Treasury Metals Inc operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 ha; four mining leases totaling 359.25 ha; and 28 land parcels totaling 1,347.189 ha.