Insider Selling: Talon Metals (TSE:TLO) Director Sells 7,809 Shares of Stock

Talon Metals Corp. (TSE:TLO) Director John David Kaplan sold 7,809 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of C$5.85, for a total value of C$45,682.65. Following the transaction, the director owned 80,144 shares in the company, valued at approximately C$468,842.40. This trade represents a 8.88% decrease in their ownership of the stock.

John David Kaplan also recently made the following trade(s):

• On Tuesday, June 9th, John David Kaplan sold 4,221 shares of Talon Metals stock. The shares were sold at an average price of C$5.84, for a total transaction of C$24,650.64.
• On Tuesday, June 9th, John David Kaplan sold 300 shares of Talon Metals stock. The shares were sold at an average price of C$5.86, for a total value of C$1,758.00.

Talon Metals Stock Performance

Shares of TSE:TLO traded up C$0.44 during midday trading on Monday, reaching C$6.51. The company had a trading volume of 517,477 shares, compared to its average volume of 749,484. The stock has a market cap of C$1.05 billion, a P/E ratio of -394.40 and a beta of 2.30. 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 moving average price is C$7.09 and its 200 day moving average price is C$6.62. Talon Metals Corp. has a 52-week low of C$2.10 and a 52-week high of C$9.25.

Talon Metals (TSE:TLO) last posted its quarterly earnings results on Friday, May 15th. The mining company reported C$0.01 EPS for the quarter. The company had revenue of C$65.27 million during the quarter. As a group, sell-side analysts anticipate that Talon Metals Corp. will post 0.01 EPS for the current fiscal year.

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.