Talon Metals (TSE:TLO) Shares Up 11.8%

Talon Metals Corp. (TSE:TLOGet Free Report) shot up 11.8% during trading 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 Price Performance

The stock has a fifty day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.14. The firm has a market cap of C$84.12 million, a PE ratio of -55.00 and a beta of 1.15. 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 Company Profile

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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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