Troilus Gold (TSE:TLG) Sets New 12-Month High – Still a Buy?

Troilus Gold Corp. (TSE:TLG) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$2.15 and last traded at C$2.07, with a volume of 3444432 shares traded. The stock had previously closed at C$2.00.

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 analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

Troilus Gold Stock Performance

The stock has a market capitalization of C$1.13 billion, a P/E ratio of -15.92 and a beta of 2.60. The business has a 50 day simple moving average of C$1.59 and a 200-day simple moving average of C$1.24.

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

Troilus Gold Company Profile

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.