Henri Van Rooyen Sells 822,000 Shares of Talon Metals (TSE:TLO) Stock

Talon Metals Corp. (TSE:TLO) Director Henri Van Rooyen sold 822,000 shares of the stock in a transaction on Monday, December 29th. The shares were sold at an average price of C$0.62, for a total value of C$509,640.00. Following the transaction, the director directly owned 4,385,249 shares of the company’s stock, valued at approximately C$2,718,854.38. This trade represents a 15.79% decrease in their ownership of the stock.

Henri Van Rooyen also recently made the following trade(s):

• On Monday, December 29th, Henri Van Rooyen sold 174,500 shares of Talon Metals stock. The shares were sold at an average price of C$0.61, for a total value of C$106,445.00.
• On Monday, December 29th, Henri Van Rooyen sold 47,500 shares of Talon Metals stock. The stock was sold at an average price of C$47,500.00, for a total value of C$2,256,250,000.00.
• On Monday, December 29th, Henri Van Rooyen sold 456,000 shares of Talon Metals stock. The stock was sold at an average price of C$0.65, for a total value of C$296,400.00.
• On Monday, December 29th, Henri Van Rooyen sold 500,000 shares of Talon Metals stock. The shares were sold at an average price of C$0.63, for a total value of C$315,000.00.

Talon Metals Stock Performance

TSE TLO traded down C$0.01 during trading on Wednesday, hitting C$0.58. 2,177,910 shares of the company’s stock traded hands, compared to its average volume of 2,030,864. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.62 and a current ratio of 2.81. The stock has a market capitalization of C$678.38 million, a price-to-earnings ratio of -55.00 and a beta of 0.87. Talon Metals Corp. has a 12-month low of C$0.08 and a 12-month high of C$0.65. The business has a 50 day moving average of C$0.45 and a 200-day moving average of C$0.39.

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.