Talon Metals (TSE:TLO) Stock: Insider Frank David Wheatley Sells 20,000 Shares

Talon Metals Corp. (TSE:TLO – Get Free Report) Director Frank David Wheatley sold 20,000 shares of the company’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of C$8.04, for a total value of C$160,800.00.

Talon Metals Stock Performance

TSE TLO opened at C$7.36 on Friday. The stock has a fifty day simple moving average of C$8.61 and a 200-day simple moving average of C$7.19. 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 stock has a market cap of C$1.20 billion, a PE ratio of 2,106.47 and a beta of 2.40. Talon Metals Corp. has a twelve month low of C$3.65 and a twelve month high of C$11.23.

Talon Metals (TSE:TLO – Get Free Report) last announced its earnings results on Thursday, August 13th. The mining company reported C$0.03 earnings per share for the quarter. The company had revenue of C$73.20 million for the quarter. During the same period in the previous year, the business posted ($0.01) earnings per share. Equities analysts anticipate that Talon Metals Corp. will post 0.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial set a C$8.00 target price on Talon Metals and gave the company an “outperform” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$8.00.

Check Out Our Latest Stock Analysis on Talon Metals

Talon Metals Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Talon Metals (TSE:TLO)

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