Talon Metals (TSE:TLO) Director Sells C$65,000.00 in Stock

Talon Metals Corp. (TSE:TLO) Director David Lee Deisley sold 10,000 shares of Talon Metals stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of C$6.50, for a total transaction of C$65,000.00.

Talon Metals Trading Up 5.9%

TLO stock traded up C$0.37 during midday trading on Friday, reaching C$6.62. 824,009 shares of the company’s stock traded hands, compared to its average volume of 766,484. The business has a 50-day moving average price of C$7.21 and a two-hundred day moving average price of C$6.35. Talon Metals Corp. has a fifty-two week low of C$1.65 and a fifty-two week high of C$9.25. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62. The company has a market capitalization of C$1.07 billion, a P/E ratio of -401.07 and a beta of 2.32.

Talon Metals (TSE:TLO) last posted its earnings results on Friday, May 15th. The mining company reported C$0.01 EPS for the quarter. The firm had revenue of C$65.27 million for the quarter. Equities research analysts forecast that Talon Metals Corp. will post 0.01 EPS for the current fiscal year.

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.