Talon Metals Corp. (TSE:TLO – Get Free Report) shares rose 30.1% on Friday . The company traded as high as C$0.59 and last traded at C$0.54. Approximately 22,184,823 shares changed hands during trading, an increase of 1,077% from the average daily volume of 1,885,394 shares. The stock had previously closed at C$0.42.
Talon Metals Stock Up 34.9%
The stock has a market cap of C$654.99 million, a price-to-earnings ratio of -55.00 and a beta of 0.87. The business has a fifty day moving average of C$0.43 and a 200 day moving average of C$0.36. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62.
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.
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