Talon Metals (TSE:TLO) Stock Price Up 30.1% – Should You Buy?

Talon Metals Corp. (TSE:TLOGet Free Report)’s stock price rose 30.1% during mid-day trading on Friday . The company traded as high as C$0.59 and last traded at C$0.54. Approximately 18,075,726 shares traded hands during trading, an increase of 892% from the average daily volume of 1,822,875 shares. The stock had previously closed at C$0.42.

Talon Metals Stock Up 33.7%

The company has a market capitalization of C$649.14 million, a PE ratio of -55.00 and a beta of 0.87. The company’s fifty day moving average is C$0.43 and its 200-day moving average is C$0.36. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81.

About Talon Metals

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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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