Talon Metals (TSE:TLO) Price Target Lowered to C$0.20 at TD Securities

Talon Metals (TSE:TLO) had its target price reduced by TD Securities from C$0.25 to C$0.20 in a report released on Monday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the mining company’s stock.

Separately, Stifel Nicolaus reduced their target price on shares of Talon Metals from C$0.50 to C$0.45 and set a “buy” rating on the stock in a research report on Thursday, January 30th.

Talon Metals Price Performance

Shares of TSE TLO opened at C$0.12 on Monday. Talon Metals has a 1 year low of C$0.08 and a 1 year high of C$0.20. The company’s 50-day moving average is C$0.08 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. The stock has a market capitalization of C$112.17 million, a P/E ratio of -55.00 and a beta of 1.13.

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.