Talon Metals (TSE:TLO) Hits New 52-Week High – Time to Buy?

Talon Metals Corp. (TSE:TLO)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$9.25 and last traded at C$9.25, with a volume of 852053 shares changing hands. The stock had previously closed at C$8.40.

Talon Metals Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62. The firm has a market capitalization of C$1.39 billion, a price-to-earnings ratio of -18.08 and a beta of 2.25. The firm’s fifty day moving average is C$7.20 and its 200 day moving average is C$5.79.

Talon Metals (TSE:TLO) last issued its earnings results on Saturday, March 28th. The mining company reported C($0.05) EPS for the quarter. On average, analysts predict that Talon Metals Corp. will post 0.01 EPS for the current fiscal year.

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.