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

Talon Metals Corp. (TSE:TLO) Director Warren Eric Newfield acquired 100,000 shares of Talon Metals stock in a transaction that occurred on Monday, April 15th. The stock was purchased 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 bought at an average price of C$0.13 per share, with a total value of C$6,500.00.

Talon Metals Price Performance

TLO stock opened at C$0.15 on Thursday. Talon Metals Corp. has a 1 year low of C$0.12 and a 1 year high of C$0.39. The company has a debt-to-equity ratio of 502.49, a quick ratio of 5.62 and a current ratio of 3.27. The stock’s 50 day moving average price is C$0.14 and its 200 day moving average price is C$0.18. The firm has a market cap of C$135.18 million, a P/E ratio of -55.00 and a beta of 1.18.

Analyst Ratings Changes

A number of research firms have recently issued reports on TLO. Stifel Nicolaus set a C$0.50 price target on shares of Talon Metals and gave the company a “buy” rating in a research report on Tuesday, March 26th. Stifel Canada reaffirmed a “buy” rating on shares of Talon Metals in a research note on Monday, March 25th.

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.