Talon Metals (TSE:TLO) Price Target Cut to C$0.45 by Analysts at Stifel Nicolaus

Talon Metals (TSE:TLO) had its target price reduced by Stifel Nicolaus from C$0.50 to C$0.45 in a research report released on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the mining company’s stock.

TLO has been the topic of several other research reports. Canaccord Genuity Group raised shares of Talon Metals to a “moderate buy” rating in a research report on Wednesday, October 16th. TD Securities cut their price objective on Talon Metals from C$0.55 to C$0.30 and set a “buy” rating on the stock in a research report on Monday, November 18th.

Talon Metals Stock Down 5.9 %

TLO opened at C$0.08 on Thursday. Talon Metals has a fifty-two week low of C$0.08 and a fifty-two week high of C$0.20. The firm has a market capitalization of C$74.78 million, a P/E ratio of -55.00 and a beta of 1.13. The company’s 50-day moving average is C$0.09 and its 200 day moving average is C$0.09. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.81 and a quick ratio of 5.62.

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 Trairão iron project located in Brazil. The company is headquartered in Road Town, the British Virgin Islands.