Talon Metals (TSE:TLO) Insider Sells C$305,500.00 in Stock

Talon Metals Corp. (TSE:TLO) insider Mark Groulx sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of C$6.11, for a total transaction of C$305,500.00. Following the completion of the sale, the insider owned 9,500 shares in the company, valued at C$58,045. This represents a 84.03% decrease in their position.

Mark Groulx also recently made the following trade(s):

• On Tuesday, December 23rd, Mark Groulx sold 40,000 shares of Talon Metals stock. The stock was sold at an average price of C$6.00, for a total value of C$240,000.00.
• On Wednesday, December 24th, Mark Groulx sold 10,000 shares of Talon Metals stock. The shares were sold at an average price of C$6.30, for a total value of C$63,000.00.
• On Tuesday, December 23rd, Mark Groulx sold 400,000 shares of Talon Metals stock. The shares were sold at an average price of C$0.60, for a total value of C$240,000.00.
• On Wednesday, December 24th, Mark Groulx sold 100,000 shares of Talon Metals stock. The shares were sold at an average price of C$0.63, for a total transaction of C$63,000.00.
• On Tuesday, December 30th, Mark Groulx sold 500,000 shares of Talon Metals stock. The stock was sold at an average price of C$0.61, for a total transaction of C$305,000.00.

Talon Metals Stock Performance

Shares of TSE TLO opened at C$0.66 on Tuesday. The firm has a 50 day moving average of C$0.54 and a 200 day moving average of C$0.44. The firm has a market capitalization of C$975.65 million, a price-to-earnings ratio of -55.00 and a beta of 1.22. Talon Metals Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.70. 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

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.