Short Interest in Talon Metals Corp. (OTCMKTS:TLOFF) Increases By 34.8%

Talon Metals Corp. (OTCMKTS:TLOFF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 1,070,400 shares, a growth of 34.8% from the October 15th total of 794,300 shares. Based on an average daily trading volume, of 809,200 shares, the short-interest ratio is currently 1.3 days.

Talon Metals Price Performance

TLOFF remained flat at $0.06 during midday trading on Friday. 305,170 shares of the company’s stock traded hands, compared to its average volume of 325,765. Talon Metals has a fifty-two week low of $0.05 and a fifty-two week high of $0.18. The stock’s 50-day moving average price is $0.07 and its 200 day moving average price is $0.09.

About Talon Metals

Talon Metals Corp., a mineral exploration company, explores for and develops mineral properties in the United States. The company owns a 51% interest in the Tamarack nickel-copper-cobalt project located in Minnesota, the United States. It has an option to acquire 80% interest in the mineral rights over a land package covering an area of approximately 400,000 acres located in the Upper Peninsula of the State of Michigan.