Troilus Gold (CVE:TLG) Price Target Raised to C$4.80

Troilus Gold (CVE:TLG) had its price target increased by ATB Cormark Capital Markets from C$4.00 to C$4.80 in a report issued on Thursday morning,BayStreet reports. The brokerage currently has a top pick rating on the stock.

Separately, Ventum Financial raised their target price on shares of Troilus Gold from C$4.00 to C$4.50 and gave the stock a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Strong Buy” and an average price target of C$4.65.

Troilus Gold Price Performance

Shares of CVE:TLG opened at C$0.83 on Thursday. The stock has a market cap of C$40.45 million and a price-to-earnings ratio of -0.91. The company has a debt-to-equity ratio of 2.23, a current ratio of 7.43 and a quick ratio of 7.28. Troilus Gold has a 12 month low of C$0.70 and a 12 month high of C$2.25. The stock’s 50 day moving average price is C$0.83 and its 200 day moving average price is C$0.83.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec. Troilus Gold Corp. is headquartered in Toronto, Canada.