Insider Selling: Talon Metals (TSE:TLO) Director Sells 10,000 Shares of Stock

Key Points

  • Director David Lee Deisley sold 10,000 Talon Metals shares on May 22 at an average price of C$6.50, totaling C$65,000.
  • Talon Metals stock opened at C$6.62, with a market cap of about C$1.07 billion; it has traded between a 1-year low of C$1.65 and a high of C$9.25.
  • The company recently reported C$0.01 EPS on revenue of C$65.27 million, and analysts expect it to earn 0.01 EPS for the current year.

Talon Metals Corp. (TSE:TLO - Get Free Report) Director David Lee Deisley sold 10,000 shares of the business's stock in a transaction on Friday, May 22nd. The shares were sold at an average price of C$6.50, for a total transaction of C$65,000.00.

Talon Metals Price Performance

TLO stock opened at C$6.62 on Monday. 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 Corp. has a 1-year low of C$1.65 and a 1-year high of C$9.25. The firm has a fifty day moving average price of C$7.21 and a two-hundred day moving average price of C$6.37. The firm has a market cap of C$1.07 billion, a price-to-earnings ratio of -401.07 and a beta of 2.32.

Talon Metals (TSE:TLO - Get Free Report) last released its earnings results on Friday, May 15th. The mining company reported C$0.01 earnings per share for the quarter. The business had revenue of C$65.27 million for the quarter. Research analysts predict that Talon Metals Corp. will post 0.01 EPS for the current year.

About Talon Metals

(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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