Talon Metals (TSE:TLO) Hits New 52-Week High at $0.21

Talon Metals Corp. (TSE:TLO) reached a new 52-week high on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21, with a volume of 39300 shares. The stock had previously closed at C$0.19.

The company has a debt-to-equity ratio of 502.49, a current ratio of 0.61 and a quick ratio of 0.60. The company has a market capitalization of $81.53 million and a price-to-earnings ratio of -2.90.

Talon Metals (TSE:TLO) last released its earnings results on Thursday, March 28th. The mining company reported C($0.03) earnings per share for the quarter. As a group, equities analysts forecast 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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