Talon Metals (TSE:TLO) Sets New 52-Week High – Still a Buy?

Talon Metals Corp. (TSE:TLOGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as C$0.65 and last traded at C$0.65, with a volume of 4626216 shares traded. The stock had previously closed at C$0.61.

Talon Metals Price Performance

The company has a market capitalization of C$760.26 million, a price-to-earnings ratio of -55.00 and a beta of 0.87. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The company’s 50 day simple moving average is C$0.45 and its 200-day simple moving average is C$0.38.

About Talon Metals

(Get Free Report)

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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