Key Points
- Insider Mark Groulx sold 500,000 shares on Dec. 30 at an average of C$0.61 for a total of C$305,000, cutting his stake by 84.03% to 95,000 shares.
- The stock opened at C$0.60 and was trading up 1.7%, with a 1‑year range of C$0.08–C$0.65 and a market cap of about C$701.78 million (PE -55.00).
- Talon Metals is a mineral explorer holding an 18.45% interest in the Tamarack nickel‑copper‑PGE project (Minnesota) and 100% of the Trairão iron project (Brazil).
Talon Metals Corp. (TSE:TLO - Get Free Report) insider Mark Groulx sold 500,000 shares of the stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of C$0.61, for a total transaction of C$305,000.00. Following the sale, the insider directly owned 95,000 shares in the company, valued at approximately C$57,950. This represents a 84.03% decrease in their position.
Talon Metals Trading Up 1.7%
TLO opened at C$0.60 on Thursday. Talon Metals Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.65. The stock has a market capitalization of C$701.78 million, a PE ratio of -55.00 and a beta of 0.87. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The firm has a 50-day moving average price of C$0.46 and a two-hundred day moving average price of C$0.39.
Talon Metals Company Profile
(
Get Free Report)
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.
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