Talon Metals Corp. (OTCMKTS:TLOFF – Get Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 280,100 shares, a growth of 68.1% from the April 30th total of 166,600 shares. Based on an average daily trading volume, of 1,713,800 shares, the short-interest ratio is presently 0.2 days.
OTCMKTS:TLOFF opened at $0.44 on Friday. The firm’s fifty day simple moving average is $0.54 and its 200 day simple moving average is $0.52. Talon Metals has a twelve month low of $0.34 and a twelve month high of $0.74.
Separately, Roth Capital initiated coverage on shares of Talon Metals in a research note on Wednesday, February 16th. They set a “buy” rating for the company.
Talon Metals Corp., a mineral exploration company, explores for and develops mineral properties. It owns a 17.56% interest is the Tamarack nickel-copper-cobalt project located in Minnesota, the United States. The company is headquartered in Road Town, the British Virgin Islands.
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