Talon Metals (TLO) Trading 12.5% Higher

Talon Metals Corp. (TSE:TLO)’s share price traded up 12.5% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.09. 107,000 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 87,109 shares. The stock had previously closed at C$0.08.

The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 245.06.

Talon Metals (TSE:TLO) last announced its quarterly earnings results on Friday, August 10th. The mining company reported C($0.02) EPS for the quarter. On average, equities research analysts predict that Talon Metals Corp. will post -0.01 EPS for the current fiscal year.

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About Talon Metals (TSE:TLO)

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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