Key Points
- Mark Groulx sold 10,000 Talon Metals shares on Dec. 24 at C$6.30 for C$63,000, cutting his holding by 51.28% to 9,500 shares.
- He also executed multiple additional sales between Dec. 23–30, including blocks around C$6.00–6.11 and other larger transactions, indicating a broader insider sell‑down rather than a single isolated trade.
- Despite the selling, the stock was trading higher (opened C$6.70, up ~1.5%) and the company shows strong liquidity (quick ratio ~5.6, current ratio ~2.8) and very low debt (debt/equity ~0.08) within a 52‑week range of C$0.75–C$7.00.
Talon Metals Corp. (TSE:TLO - Get Free Report) insider Mark Groulx sold 10,000 shares of the stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of C$6.30, for a total value of C$63,000.00. Following the transaction, the insider owned 9,500 shares of the company's stock, valued at approximately C$59,850. This trade represents a 51.28% decrease in their ownership of the stock.
Mark Groulx also recently made the following trade(s):
- On Tuesday, December 23rd, Mark Groulx sold 40,000 shares of Talon Metals stock. The shares were sold at an average price of C$6.00, for a total transaction of C$240,000.00.
- On Tuesday, December 30th, Mark Groulx sold 50,000 shares of Talon Metals stock. The stock was sold at an average price of C$6.11, for a total transaction of C$305,500.00.
- On Tuesday, December 23rd, Mark Groulx sold 400,000 shares of Talon Metals stock. The shares were sold at an average price of C$0.60, for a total transaction of C$240,000.00.
- On Wednesday, December 24th, Mark Groulx sold 100,000 shares of Talon Metals stock. The stock was sold at an average price of C$0.63, for a total transaction of C$63,000.00.
- On Tuesday, December 30th, Mark Groulx sold 500,000 shares of Talon Metals stock. The shares were sold at an average price of C$0.61, for a total value of C$305,000.00.
Talon Metals Trading Up 1.5%
TSE:TLO opened at C$6.70 on Wednesday. The company has a market cap of C$9.90 billion, a PE ratio of -55.00 and a beta of 1.22. The business's 50 day moving average is C$0.66 and its two-hundred day moving average is C$0.49. The company has a quick ratio of 5.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.08. Talon Metals Corp. has a 52 week low of C$0.75 and a 52 week high of C$7.00.
Trending Headlines about Talon Metals
Here are the key news stories impacting Talon Metals this week:
- Positive Sentiment: Shares are rising intraday, suggesting continued market demand for Talon even after the insider dispositions.
- Neutral Sentiment: Talon shows strong short‑term liquidity (quick ratio ~5.6, current ratio ~2.8) and very low debt (debt/equity ~0.08), which limits near‑term balance sheet risk.
- Neutral Sentiment: The stock still trades well above its 52‑week low and insiders retain sizeable positions after the sales, indicating the transactions may be partial profit‑taking rather than full exits.
- Negative Sentiment: Insider sell‑downs by Mark Groulx — sold ~100,000 shares across Dec. 23–30 at ~C$6.00–6.30 (total proceeds ≈ C$608k). These filings can be viewed in coverage of the insider sales. Insider Selling: Talon Metals (TSE:TLO) Insider Sells C$240,000.00 in Stock
- Negative Sentiment: Director Henri Van Rooyen executed multiple block sales on Dec. 29 totaling ~195,250 shares at roughly C$6.10–6.50 (aggregate proceeds ≈ C$1.23M). Large director selling can weigh on sentiment even though meaningful holdings remain. Public market insider selling at Talon Metals (TLO)
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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