Insider Selling: Talon Metals (TSE:TLO) Director Sells C$315,630.00 in Stock

Talon Metals Corp. (TSE:TLO) Director Gregory Stephen Kinross sold 50,100 shares of Talon Metals stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of C$6.30, for a total transaction of C$315,630.00. Following the completion of the sale, the director owned 500 shares in the company, valued at approximately C$3,150. This trade represents a 99.01% decrease in their position.

Gregory Stephen Kinross also recently made the following trade(s):

• On Thursday, May 21st, Gregory Stephen Kinross sold 8,712 shares of Talon Metals stock. The shares were sold at an average price of C$6.30, for a total transaction of C$54,885.60.
• On Thursday, May 21st, Gregory Stephen Kinross sold 1,200 shares of Talon Metals stock. The shares were sold at an average price of C$6.31, for a total transaction of C$7,572.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 41,600 shares of Talon Metals stock. The shares were sold at an average price of C$6.31, for a total transaction of C$262,496.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 18,100 shares of Talon Metals stock. The stock was sold at an average price of C$6.32, for a total transaction of C$114,392.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 10,500 shares of Talon Metals stock. The stock was sold at an average price of C$6.32, for a total transaction of C$66,360.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 1,300 shares of Talon Metals stock. The stock was sold at an average price of C$6.33, for a total transaction of C$8,229.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 5,200 shares of Talon Metals stock. The stock was sold at an average price of C$6.34, for a total transaction of C$32,968.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 4,700 shares of Talon Metals stock. The stock was sold at an average price of C$6.35, for a total transaction of C$29,845.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 2,100 shares of Talon Metals stock. The stock was sold at an average price of C$6.36, for a total transaction of C$13,356.00.
• On Thursday, May 21st, Gregory Stephen Kinross sold 81,100 shares of Talon Metals stock. The stock was sold at an average price of C$6.30, for a total transaction of C$510,930.00.

Talon Metals Stock Performance

TSE:TLO opened at C$6.76 on Friday. The company’s 50-day moving average price is C$7.10 and its 200-day moving average price is C$6.44. 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 has a market cap of C$1.09 billion, a P/E ratio of -409.55 and a beta of 2.32. Talon Metals Corp. has a twelve month low of C$1.90 and a twelve month high of C$9.25.

Talon Metals (TSE:TLO) last posted its quarterly earnings results on Friday, May 15th. The mining company reported C$0.01 earnings per share for the quarter. The business had revenue of C$65.27 million during the quarter. On average, sell-side analysts forecast that Talon Metals Corp. will post 0.01 earnings per share for the current fiscal year.

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.