Troilus Gold (TLG) Price Target Raised to C$2.15 at Cormark

Troilus Gold (CVE:TLG) had its price target boosted by research analysts at Cormark from C$1.55 to C$2.15 in a research report issued on Wednesday, March 27th, BayStreet.CA reports.

TLG has been the topic of a number of other reports. National Bank Financial cut their target price on Troilus Gold from C$3.00 to C$2.10 and set an “outperform” rating on the stock in a research note on Monday, January 14th. Canaccord Genuity set a C$1.60 price objective on Troilus Gold and gave the company a “speculative buy” rating in a research report on Friday, January 25th.

The company has a current ratio of 7.43, a quick ratio of 7.28 and a debt-to-equity ratio of 2.23. Troilus Gold has a twelve month low of C$0.70 and a twelve month high of C$0.85.

In other news, insider Sulliden Mining Capital Inc. sold 1,000,000 shares of the firm’s stock in a transaction dated Friday, January 25th. The stock was sold at an average price of C$0.65, for a total value of C$645,000.00. Following the transaction, the insider now owns 9,150,000 shares of the company’s stock, valued at C$5,901,750.

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.

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