Talon Metals (TSE:TLO) Director Frank David Wheatley Sells 20,000 Shares of Stock

Talon Metals Corp. (TSE:TLO) Director Frank David Wheatley sold 20,000 shares of the stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of C$8.04, for a total transaction of C$160,800.00.

Talon Metals Price Performance

Talon Metals stock opened at C$7.75 on Friday. The firm has a 50-day moving average price of C$8.61 and a 200-day moving average price of C$7.19. The firm has a market capitalization of C$1.26 billion, a PE ratio of 2,218.09 and a beta of 2.40. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. Talon Metals Corp. has a 12-month low of C$3.65 and a 12-month high of C$11.23.

Talon Metals (TSE:TLO) last posted its quarterly earnings data on Thursday, August 13th. The mining company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$73.20 million during the quarter. During the same quarter in the prior year, the business earned ($0.01) earnings per share. As a group, equities research analysts forecast that Talon Metals Corp. will post 0.01 EPS for the current year.

Wall Street Analyst Weigh In

Separately, National Bank Financial set a C$8.00 price target on Talon Metals and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$8.00.

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.