Insider Selling: Talon Metals Corp. (TSE:TLO) Insider Sells 350,000 Shares of Stock

Talon Metals Corp. (TSE:TLOGet Free Report) insider Resource Capital Fund VI L.P. sold 350,000 shares of Talon Metals stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of C$0.09, for a total transaction of C$29,750.00.

Resource Capital Fund VI L.P. also recently made the following trade(s):

  • On Friday, September 13th, Resource Capital Fund VI L.P. sold 483,000 shares of Talon Metals stock. The shares were sold at an average price of C$0.09, for a total transaction of C$43,470.00.
  • On Friday, September 6th, Resource Capital Fund VI L.P. sold 500,000 shares of Talon Metals stock. The stock was sold at an average price of C$0.09, for a total transaction of C$45,000.00.
  • On Tuesday, July 9th, Resource Capital Fund VI L.P. sold 349,844 shares of Talon Metals stock. The stock was sold at an average price of C$0.13, for a total value of C$45,899.53.

Talon Metals Stock Performance

Shares of TSE:TLO remained flat at C$0.09 during mid-day trading on Wednesday. 8,799 shares of the company were exchanged, compared to its average volume of 442,374. The stock has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.14. The company has a market cap of C$79.45 million, a price-to-earnings ratio of -55.00 and a beta of 1.15. Talon Metals Corp. has a 1-year low of C$0.08 and a 1-year high of C$0.31. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81.

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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