Insider Selling: Talon Metals (TSE:TLO) Director Sells C$190,200.00 in Stock

Talon Metals Corp. (TSE:TLO) Director David Lee Deisley sold 30,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of C$6.34, for a total transaction of C$190,200.00. Following the completion of the sale, the director directly owned 30,000 shares in the company, valued at C$190,200. This trade represents a 50.00% decrease in their position.

David Lee Deisley also recently made the following trade(s):

• On Friday, May 22nd, David Lee Deisley sold 10,000 shares of Talon Metals stock. The shares were sold at an average price of C$6.50, for a total transaction of C$65,000.00.

Talon Metals Trading Up 1.2%

Shares of Talon Metals stock opened at C$6.84 on Friday. The firm has a market capitalization of C$1.10 billion, a PE ratio of -414.39 and a beta of 2.32. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62. The company’s fifty day moving average price is C$7.10 and its two-hundred day moving average price is C$6.45. Talon Metals Corp. has a 52-week low of C$1.90 and a 52-week high of C$9.25.

Talon Metals (TSE:TLO) last announced its quarterly earnings results on Friday, May 15th. The mining company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$65.27 million during the quarter. On average, analysts expect that Talon Metals Corp. will post 0.01 EPS for the current year.

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.