Talon Metals (TSE:TLO) Given New C$0.50 Price Target at TD Securities

Talon Metals (TSE:TLO) had its price objective lifted by TD Securities from C$0.35 to C$0.50 in a report released on Monday morning,BayStreet.CA reports. They currently have a buy rating on the mining company’s stock.

Talon Metals Trading Down 3.7%

TSE TLO opened at C$0.39 on Monday. The firm’s fifty day moving average price is C$0.28 and its 200 day moving average price is C$0.17. Talon Metals has a 12 month low of C$0.08 and a 12 month high of C$0.43. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62. The company has a market capitalization of C$364.54 million, a price-to-earnings ratio of -55.00 and a beta of 1.13.

About Talon Metals

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.