Shares of Talon Metals Corp. (TSE:TLO – Get Free Report) shot up 11.1% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.10. 1,314,946 shares traded hands during mid-day trading, an increase of 214% from the average session volume of 419,384 shares. The stock had previously closed at C$0.09.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group upgraded shares of Talon Metals to a “moderate buy” rating in a research report on Wednesday, October 16th.
Read Our Latest Stock Analysis on Talon Metals
Talon Metals Stock Performance
Insider Activity
In related news, insider Resource Capital Fund VI L.P. sold 483,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$0.09, for a total transaction of C$43,470.00. Insiders sold 1,333,000 shares of company stock valued at $118,220 in the last quarter. 18.55% of the stock is currently owned by insiders.
Talon Metals Company Profile
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 TrairĂ£o iron project located in Brazil. The company is headquartered in Road Town, the British Virgin Islands.
Further Reading
- Five stocks we like better than Talon Metals
- Business Services Stocks Investing
- Texas Roadhouse Stock Steering for New Highs This Year
- What is a Special Dividend?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Find Undervalued Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Talon Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talon Metals and related companies with MarketBeat.com's FREE daily email newsletter.