Ventum Financial Forecasts Strong Price Appreciation for Troilus Gold (CVE:TLG) Stock

Troilus Gold (CVE:TLG) had its price target raised by stock analysts at Ventum Financial from C$4.00 to C$4.50 in a research report issued to clients and investors on Thursday, BayStreet reports. The firm currently has a “buy” rating on the stock. Ventum Financial’s target price points to a potential upside of 442.17% from the stock’s current price.

Troilus Gold Trading Up 18.6%

TLG traded up C$0.13 on Thursday, reaching C$0.83. 852 shares of the company’s stock were exchanged, compared to its average volume of 23,745. Troilus Gold has a twelve month low of C$0.70 and a twelve month high of C$2.25. The company’s 50 day moving average is C$0.83 and its 200-day moving average is C$0.83. The company has a debt-to-equity ratio of 2.23, a quick ratio of 7.28 and a current ratio of 7.43. The company has a market cap of C$40.45 million and a price-to-earnings ratio of -0.91.

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.