Talon Metals (TLO) Hits New 52-Week High at $0.16

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Talon Metals Corp. (TSE:TLO) shares reached a new 52-week high on Tuesday . The company traded as high as C$0.16 and last traded at C$0.16, with a volume of 124737 shares trading hands. The stock had previously closed at C$0.15.

The company has a debt-to-equity ratio of 502.49, a quick ratio of 0.01 and a current ratio of 0.01. The company has a market cap of $57.24 million and a price-to-earnings ratio of -2.19.

Talon Metals (TSE:TLO) last released its earnings results on Thursday, March 28th. The mining company reported C($0.03) earnings per share for the quarter. On average, analysts forecast that Talon Metals Corp. will post -0.01 earnings per share for the current year.

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About Talon Metals (TSE:TLO)

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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