Warren Eric Newfield Purchases 100,000 Shares of Talon Metals Corp. (TSE:TLO) Stock

Talon Metals Corp. (TSE:TLO) Director Warren Eric Newfield acquired 100,000 shares of Talon Metals stock in a transaction on Monday, April 15th. The shares were purchased at an average price of C$0.14 per share, for a total transaction of C$13,500.00.

Warren Eric Newfield also recently made the following trade(s):

• On Tuesday, April 9th, Warren Eric Newfield acquired 50,000 shares of Talon Metals stock. The shares were purchased at an average price of C$0.13 per share, for a total transaction of C$6,500.00.

Talon Metals Trading Up 11.5 %

Shares of TSE:TLO opened at C$0.15 on Thursday. Talon Metals Corp. has a 12-month low of C$0.12 and a 12-month high of C$0.39. The business’s fifty day simple moving average is C$0.14 and its 200-day simple moving average is C$0.18. The company has a market capitalization of C$135.18 million, a PE ratio of -55.00 and a beta of 1.18. The company has a current ratio of 3.27, a quick ratio of 5.62 and a debt-to-equity ratio of 502.49.

Wall Street Analysts Forecast Growth

Several research firms have commented on TLO. Stifel Canada restated a “buy” rating on shares of Talon Metals in a report on Monday, March 25th. Stifel Nicolaus set a C$0.50 price objective on Talon Metals and gave the stock a “buy” rating in a report on Tuesday, March 26th.

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.