Troilus Gold (CVE:TLG) PT Set at C$4.00 by Ventum Financial

Troilus Gold (CVE:TLG) received a C$4.00 price target from equities research analysts at Ventum Financial in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Ventum Financial’s price objective would suggest a potential upside of 381.93% from the company’s previous close.

Troilus Gold Price Performance

Troilus Gold stock traded up C$0.13 during mid-day trading on Monday, hitting C$0.83. 852 shares of the company were exchanged, compared to its average volume of 23,745. Troilus Gold has a 12-month low of C$0.70 and a 12-month high of C$2.25. The company has a market capitalization of C$40.45 million and a P/E ratio of -0.91. The business’s 50 day simple moving average is C$0.83 and its two-hundred day simple moving average is C$0.83. The company has a debt-to-equity ratio of 2.23, a current ratio of 7.43 and a quick ratio of 7.28.

About Troilus Gold

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec. Troilus Gold Corp. is headquartered in Toronto, Canada.