Talon Metals Corp. (TSE:TLO – Get Free Report) shares shot up 11.8% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 873,001 shares were traded during trading, an increase of 96% from the average session volume of 446,035 shares. The stock had previously closed at C$0.09.
Talon Metals Stock Performance
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 stock has a market capitalization of C$84.12 million, a price-to-earnings ratio of -55.00 and a beta of 1.15. The firm’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.14.
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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