Mark Groulx Sells 500,000 Shares of Talon Metals (TSE:TLO) Stock

Talon Metals Corp. (TSE:TLO) insider Mark Groulx sold 500,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of C$0.61, for a total value of C$305,000.00. Following the completion of the transaction, the insider directly owned 95,000 shares in the company, valued at C$57,950. The trade was a 84.03% decrease in their position.

Talon Metals Stock Performance

Shares of TSE TLO traded down C$0.01 during trading hours on Wednesday, reaching C$0.58. 2,177,910 shares of the stock were exchanged, compared to its average volume of 2,030,864. The firm has a market capitalization of C$678.38 million, a price-to-earnings ratio of -55.00 and a beta of 0.87. The stock’s fifty day simple moving average is C$0.45 and its 200 day simple moving average is C$0.39. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. Talon Metals Corp. has a 52 week low of C$0.08 and a 52 week high of C$0.65.

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.