Mark Groulx Sells 500,000 Shares of Talon Metals (TSE:TLO) Stock

Talon Metals Corp. (TSE:TLO) insider Mark Groulx sold 500,000 shares of the firm’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of C$0.61, for a total value of C$305,000.00. Following the sale, the insider directly owned 95,000 shares in the company, valued at approximately C$57,950. This represents a 84.03% decrease in their position.

Talon Metals Price Performance

Shares of TLO opened at C$0.60 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. The stock has a 50 day simple moving average of C$0.46 and a 200 day simple moving average of C$0.39. Talon Metals Corp. has a 52-week low of C$0.08 and a 52-week high of C$0.65. The firm has a market capitalization of C$701.78 million, a PE ratio of -55.00 and a beta of 0.87.

Talon Metals Company Profile

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.