Troilus Gold (TSE:TLG) Stock Price Down 3.5% – Time to Sell?

Troilus Gold Corp. (TSE:TLG) shares were down 3.5% during trading on Wednesday . The stock traded as low as C$1.91 and last traded at C$1.92. Approximately 2,635,274 shares traded hands during trading, an increase of 31% from the average daily volume of 2,011,194 shares. The stock had previously closed at C$1.99.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets raised Troilus Gold to a “strong-buy” rating in a report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Troilus Gold Stock Performance

The stock has a market capitalization of C$1.06 billion, a price-to-earnings ratio of -12.80 and a beta of 2.17. The company has a fifty day simple moving average of C$1.85 and a 200 day simple moving average of C$1.78.

Troilus Gold (TSE:TLG) last announced its quarterly earnings data on Friday, June 5th. The company reported C($0.04) earnings per share (EPS) for the quarter.

Troilus Gold Company Profile

Troilus Gold Corp is a Toronto-based, Quebec focused, advanced stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus property [approximately 83,385-hectare] is located Northeast of the Val-d’Or district, within the Frotet-Evans Greenstone Belt in Quebec, Canada.