Troilus Gold (TSE:TLG) Trading Down 1% – Time to Sell?

Shares of Troilus Gold Corp. (TSE:TLGGet Free Report) dropped 1% during trading on Wednesday . The stock traded as low as C$2.02 and last traded at C$2.05. 1,932,914 shares changed hands during trading, an increase of 4% from the average session volume of 1,860,932 shares. The stock had previously closed at C$2.07.

Analysts Set New Price Targets

Separately, Maxim Group upgraded shares of Troilus Gold to a “strong-buy” rating in a report on Tuesday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, Troilus Gold presently has a consensus rating of “Strong Buy”.

Read Our Latest Stock Report on TLG

Troilus Gold Stock Performance

The business’s fifty day moving average price is C$1.95 and its two-hundred day moving average price is C$1.84. The firm has a market capitalization of C$1.23 billion, a P/E ratio of -14.73 and a beta of 2.42.

Troilus Gold Company Profile

(Get Free Report)

Troilus Mining Corp. is a Canadian development-stage mining company focused on the systematic advancement of the former gold and copper Troilus Mine towards production. Troilus is located in the tier-one mining jurisdiction of Quebec, Canada, where it holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt. A Feasibility Study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning it as a cornerstone project in North America.

Further Reading

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