Talon Metals Corp. (TSE:TLO – Get Free Report)’s share price shot up 34.9% during trading on Friday . The company traded as high as C$0.59 and last traded at C$0.56. 23,616,522 shares traded hands during trading, an increase of 1,145% from the average session volume of 1,897,532 shares. The stock had previously closed at C$0.42.
Talon Metals Price Performance
The stock’s 50 day simple moving average is C$0.43 and its 200-day simple moving average is C$0.36. 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$654.99 million, a PE ratio of -55.00 and a beta of 0.87.
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.
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