Talon Metals Corp. (TSE:TLO – Get Free Report) was up 30.1% on Friday . The company traded as high as C$0.59 and last traded at C$0.54. Approximately 20,327,423 shares changed hands during mid-day trading, an increase of 981% from the average daily volume of 1,881,218 shares. The stock had previously closed at C$0.42.
Talon Metals Trading Up 37.3%
The business has a 50-day moving average of C$0.43 and a 200-day moving average of C$0.36. 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 stock has a market cap of C$666.69 million, a price-to-earnings ratio of -55.00 and a beta of 0.87.
About Talon Metals
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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