Talon Metals Corp. (TSE:TLO – Get Free Report) shares rose 30.1% during trading on Friday . The company traded as high as C$0.59 and last traded at C$0.54. Approximately 16,769,391 shares traded hands during mid-day trading, an increase of 802% from the average daily volume of 1,859,439 shares. The stock had previously closed at C$0.42.
Talon Metals Stock Up 33.7%
The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average price is C$0.43 and its two-hundred day moving average price is C$0.36. The company has a market capitalization of C$649.14 million, a price-to-earnings ratio of -55.00 and a beta of 0.87.
Talon Metals Company Profile
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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