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

Talon Metals Corp. (TSE:TLO) Director Warren Eric Newfield acquired 100,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was bought at an average price of C$0.14 per share, with a total value of C$13,500.00.

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

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

Talon Metals Stock Performance

TSE:TLO opened at C$0.13 on Wednesday. Talon Metals Corp. has a 12-month low of C$0.12 and a 12-month high of C$0.39. The company has a current ratio of 3.27, a quick ratio of 5.62 and a debt-to-equity ratio of 502.49. The stock’s 50 day simple moving average is C$0.14 and its 200-day simple moving average is C$0.18. The firm has a market cap of C$121.20 million, a P/E ratio of -55.00 and a beta of 1.18.

Wall Street Analyst Weigh In

TLO has been the topic of several research reports. Stifel Canada reissued a “buy” rating on shares of Talon Metals in a research report on Monday, March 25th. Stifel Nicolaus set a C$0.50 price target 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.