Troilus Gold (TSE:TLG) Trading Up 2.2% – Should You Buy?

Troilus Gold Corp. (TSE:TLG) shares traded up 2.2% on Thursday . The company traded as high as C$1.87 and last traded at C$1.84. Approximately 2,068,872 shares changed 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.

Analyst Upgrades and Downgrades

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

Troilus Gold Price Performance

The firm’s 50-day moving average is C$1.77 and its 200-day moving average is C$1.81. The company has a market capitalization of C$1.02 billion, a P/E ratio of -12.27 and a beta of 2.40.

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