Talon Metals (TSE:TLO) Insider Sells C$240,000.00 in Stock

Talon Metals Corp. (TSE:TLO) insider Mark Groulx sold 4,000 shares of Talon Metals stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of C$60.00, for a total transaction of C$240,000.00. Following the completion of the transaction, the insider owned 950 shares of the company’s stock, valued at C$57,000. This represents a 80.81% decrease in their ownership of the stock.

Mark Groulx also recently made the following trade(s):

• On Wednesday, December 24th, Mark Groulx sold 1,000 shares of Talon Metals stock. The stock was sold at an average price of C$63.00, for a total value of C$63,000.00.
• On Tuesday, December 30th, Mark Groulx sold 5,000 shares of Talon Metals stock. The shares were sold at an average price of C$61.10, for a total value of C$305,500.00.
• 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 value of C$240,000.00.
• On Wednesday, December 24th, Mark Groulx sold 10,000 shares of Talon Metals stock. The stock was sold at an average price of C$6.30, for a total value of C$63,000.00.
• On Tuesday, December 30th, Mark Groulx sold 50,000 shares of Talon Metals stock. The shares were sold at an average price of C$6.10, for a total value of C$305,000.00.

Talon Metals Trading Down 2.0%

Shares of Talon Metals stock opened at C$6.46 on Friday. Talon Metals Corp. has a 12-month low of C$0.75 and a 12-month high of C$7.00. The company has a market cap of C$954.95 million, a price-to-earnings ratio of -55.00 and a beta of 1.22. The company has a current ratio of 2.81, a quick ratio of 5.62 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average price is C$5.55 and its 200-day moving average price is C$4.46.

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.