Troilus Gold (TSE:TLG) Sets New 52-Week High – Should You Buy?

Troilus Gold Corp. (TSE:TLGGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.70 and last traded at C$1.66, with a volume of 341479 shares changing hands. The stock had previously closed at C$1.60.

Wall Street Analysts Forecast Growth

Separately, Cormark raised Troilus Gold from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Report on TLG

Troilus Gold Stock Performance

The company has a 50 day moving average of C$1.43 and a two-hundred day moving average of C$1.06. The stock has a market cap of C$902.05 million, a PE ratio of -12.69 and a beta of 2.58.

Troilus Gold (TSE:TLGGet Free Report) last announced its earnings results on Thursday, December 4th. The company reported C$0.04 earnings per share for the quarter.

Troilus Gold Company Profile

(Get Free Report)

Troilus Gold Corp is a Toronto-based, Quebec focused, advanced stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus property [approximately 83,385-hectare] is located Northeast of the Val-d’Or district, within the Frotet-Evans Greenstone Belt in Quebec, Canada.

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