Troilus Gold (TSE:TLG) Hits New 52-Week High – What’s Next?

Troilus Gold Corp. (TSE:TLG)’s stock price hit a new 52-week high on Friday . The stock traded as high as C$2.23 and last traded at C$2.20, with a volume of 91762 shares changing hands. The stock had previously closed at C$2.18.

Wall Street Analyst Weigh In

Separately, Cormark raised Troilus Gold from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Troilus Gold has an average rating of “Strong Buy”.

Troilus Gold Stock Performance

The firm has a market capitalization of C$1.21 billion, a PE ratio of -17.08 and a beta of 2.12. The business’s fifty day simple moving average is C$1.81 and its 200-day simple moving average is C$1.41.

Troilus Gold (TSE:TLG) last issued its earnings results on Thursday, December 4th. The company reported C$0.04 earnings per share for the quarter.

Troilus Gold Company Profile

Troilus Gold Corp is a Toronto-based, Quebec focused, advanced stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus property [approximately 83,385-hectare] is located Northeast of the Val-d’Or district, within the Frotet-Evans Greenstone Belt in Quebec, Canada.