Troilus Gold (TSE:TLG) Trading 2.2% Higher – What’s Next?

Shares of Troilus Gold Corp. (TSE:TLG) traded up 2.2% during trading on Thursday . The stock traded as high as C$1.87 and last traded at C$1.84. 2,068,872 shares traded hands during trading, an increase of 10% from the average daily volume of 1,874,632 shares. The stock had previously closed at C$1.80.

Analysts Set New Price Targets

Several brokerages have commented on TLG. Maxim Group raised Troilus Gold to a “strong-buy” rating in a research report on Tuesday, June 23rd. BMO Capital Markets upgraded Troilus Gold to a “strong-buy” rating in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Troilus Gold currently has a consensus rating of “Strong Buy”.

Troilus Gold Stock Up 6.0%

The company has a market cap of C$1.08 billion, a P/E ratio of -13.00 and a beta of 2.40. The firm has a fifty day moving average price of C$1.76 and a 200 day moving average price of C$1.81.

Troilus Gold (TSE:TLG) last issued its quarterly earnings results on Friday, June 5th. The company reported C($0.04) earnings per share (EPS) for the quarter.

About Troilus Gold

Troilus Gold Corp is a Toronto-based, Quebec focused, advanced stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus property [approximately 83,385-hectare] is located Northeast of the Val-d’Or district, within the Frotet-Evans Greenstone Belt in Quebec, Canada.