Insider Buying: Talon Metals Corp. (TSE:TLO) Director Buys 100,000 Shares of Stock

Talon Metals Corp. (TSE:TLO) Director John David Kaplan bought 100,000 shares of the firm’s stock in a transaction that occurred on Friday, January 14th. The stock was bought at an average price of C$0.74 per share, for a total transaction of C$74,000.00. Following the completion of the acquisition, the director now directly owns 353,143 shares in the company, valued at C$261,325.82.

Shares of TSE TLO opened at C$0.74 on Friday. The company has a quick ratio of 15.36, a current ratio of 15.49 and a debt-to-equity ratio of 502.49. The stock has a market capitalization of C$515.68 million and a price-to-earnings ratio of -82.22. The stock’s fifty day simple moving average is C$0.62 and its 200 day simple moving average is C$0.58. Talon Metals Corp. has a 52-week low of C$0.44 and a 52-week high of C$0.90.

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 TrairĂ£o iron project located in Brazil. The company is headquartered in Road Town, the British Virgin Islands.

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