Troilus Gold (TSE:TLG) Hits New 52-Week High – Still a Buy?

Troilus Gold Corp. (TSE:TLG)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$2.23 and last traded at C$2.22, with a volume of 2186123 shares trading hands. The stock had previously closed at C$2.04.

Wall Street Analyst Weigh In

Separately, Cormark upgraded Troilus Gold from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has an average rating of “Strong Buy”.

Troilus Gold Price Performance

The firm has a market cap of C$1.21 billion, a PE ratio of -17.08 and a beta of 2.12. The stock has a 50-day moving average price of C$1.71 and a 200 day moving average price of C$1.33.

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

About Troilus Gold

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.