Troilus Gold (CVE:TLG) Trading 18.6% Higher – Still a Buy?

Troilus Gold Corp. (CVE:TLG)’s stock price traded up 18.6% on Tuesday . The stock traded as high as C$0.83 and last traded at C$0.83. 852 shares changed hands during trading, a decline of 96% from the average session volume of 23,745 shares. The stock had previously closed at C$0.70.

Wall Street Analyst Weigh In

Separately, Ventum Financial set a C$4.00 price target on Troilus Gold and gave the company a “buy” rating in a report on Monday, April 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$3.00.

Troilus Gold Stock Performance

The company has a quick ratio of 7.28, a current ratio of 7.43 and a debt-to-equity ratio of 2.23. The business has a 50 day simple moving average of C$0.83 and a two-hundred day simple moving average of C$0.83. The firm has a market cap of C$40.45 million and a PE ratio of -0.91.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec. Troilus Gold Corp. is headquartered in Toronto, Canada.