Talon Metals Corp. (TSE:TLO – Get Free Report)’s stock price traded up 11.1% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.10. 1,314,946 shares traded hands during trading, an increase of 214% from the average session volume of 419,384 shares. The stock had previously closed at C$0.09.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group raised shares of Talon Metals to a “moderate buy” rating in a research note on Wednesday, October 16th.
Read Our Latest Stock Report on TLO
Talon Metals Price Performance
Insiders Place Their Bets
In other news, insider Resource Capital Fund VI L.P. sold 350,000 shares of Talon Metals stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$0.09, for a total transaction of C$29,750.00. Insiders sold 1,333,000 shares of company stock worth $118,220 in the last three months. 18.55% of the stock is owned by company insiders.
About Talon Metals
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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