Insider Selling: Talon Metals (TSE:TLO) Director Sells 81,100 Shares of Stock

Talon Metals Corp. (TSE:TLOGet Free Report) Director Gregory Stephen Kinross sold 81,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of C$6.30, for a total transaction of C$510,930.00. Following the completion of the transaction, the director owned 40,500 shares in the company, valued at C$255,150. The trade was a 66.69% decrease in their position.

Gregory Stephen Kinross also recently made the following trade(s):

  • On Thursday, May 21st, Gregory Stephen Kinross sold 8,712 shares of Talon Metals stock. The shares were sold at an average price of C$6.30, for a total transaction of C$54,885.60.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 1,200 shares of Talon Metals stock. The shares were sold at an average price of C$6.31, for a total transaction of C$7,572.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 41,600 shares of Talon Metals stock. The shares were sold at an average price of C$6.31, for a total transaction of C$262,496.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 18,100 shares of Talon Metals stock. The shares were sold at an average price of C$6.32, for a total transaction of C$114,392.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 10,500 shares of Talon Metals stock. The shares were sold at an average price of C$6.32, for a total transaction of C$66,360.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 1,300 shares of Talon Metals stock. The shares were sold at an average price of C$6.33, for a total transaction of C$8,229.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 5,200 shares of Talon Metals stock. The shares were sold at an average price of C$6.34, for a total transaction of C$32,968.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 4,700 shares of Talon Metals stock. The shares were sold at an average price of C$6.35, for a total transaction of C$29,845.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 2,100 shares of Talon Metals stock. The shares were sold at an average price of C$6.36, for a total transaction of C$13,356.00.
  • On Thursday, May 21st, Gregory Stephen Kinross sold 100 shares of Talon Metals stock. The shares were sold at an average price of C$6.32, for a total transaction of C$632.00.

Talon Metals Stock Down 4.8%

TSE:TLO traded down C$0.32 during trading hours on Tuesday, hitting C$6.40. The stock had a trading volume of 215,021 shares, compared to its average volume of 755,868. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. Talon Metals Corp. has a 1-year low of C$1.85 and a 1-year high of C$9.25. The business has a 50 day simple moving average of C$7.18 and a two-hundred day simple moving average of C$6.39. The company has a market cap of C$1.03 billion, a PE ratio of -387.74 and a beta of 2.32.

Talon Metals (TSE:TLOGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The mining company reported C$0.01 earnings per share (EPS) for the quarter. The firm had revenue of C$65.27 million during the quarter. Analysts predict that Talon Metals Corp. will post 0.01 EPS for the current year.

Talon Metals News Roundup

Here are the key news stories impacting Talon Metals this week:

  • Negative Sentiment: Director Gregory Stephen Kinross reported several separate sales totaling well over 150,000 shares on May 21, including a large 81,100-share sale and a 41,600-share sale, significantly reducing his holdings. Talon Metals insider trading page
  • Negative Sentiment: Director David Lee Deisley also sold 10,000 shares on May 22 at C$6.50, adding to the impression that insiders may be trimming positions near recent trading levels. Insider selling alert
  • Neutral Sentiment: The company’s latest quarterly results showed C$0.01 EPS on C$65.27 million in revenue, in line with analyst expectations, so fundamentals were not the main catalyst in the latest move. Talon Metals company profile

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

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Insider Buying and Selling by Quarter for Talon Metals (TSE:TLO)

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