Talon Metals Corp. (TSE:TLO) Insider Resource Capital Fund VI L.P. Sells 500,000 Shares

Talon Metals Corp. (TSE:TLO) insider Resource Capital Fund VI L.P. sold 500,000 shares of Talon Metals stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$0.09, for a total transaction of C$45,000.00.

Resource Capital Fund VI L.P. also recently made the following trade(s):

• On Tuesday, July 9th, Resource Capital Fund VI L.P. sold 349,844 shares of Talon Metals stock. The shares were sold at an average price of C$0.13, for a total transaction of C$45,899.53.

Talon Metals Stock Down 5.9 %

Shares of TLO stock traded down C$0.01 during mid-day trading on Tuesday, reaching C$0.08. 116,824 shares of the company’s stock traded hands, compared to its average volume of 445,763. Talon Metals Corp. has a 12 month low of C$0.08 and a 12 month high of C$0.31. The company has a market cap of C$74.78 million, a P/E ratio of -55.00 and a beta of 1.15. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average price is C$0.11 and its 200-day moving average price is C$0.14.

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.