TSE:TLO

0.15
0.01 (3.45%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts believe that Talon Metals Corp (TLO-T) has shown positive momentum with recent news of a draft guideline supporting domestic nickel preference and a $115M deal for a nickel ore processing plant. However, the company is small, pre-revenue, and heavily influenced by the price of nickel. The consensus is that the stock's performance is closely tied to the price of nickel and could see positive momentum if nickel prices rebound.

Consensus
Positive
Valuation
Undervalued
Similar
Vale, VALE3.SA
RISKY
Talon Metals Corp.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Recent news has been generally positive, with the commencement of a draft guideline supporting domestic nickel preference and strong enforcement mechanisms implementing IRA Foreign Entity of Concern requirements. It also struck a $115M deal for a nickel ore processing plant that will supply Tesla. Its price spiked 20% recently, but it is a small company ($168M market cap), which is pre-revenue and has a small cash balance of $10.5M. 

There are a few large shareholders, The Pallinghurst Group and RCF Management whole own 16% and 14% of shares, respectively. We believe that a lot of its price decline is due to the steady decline in the price of nickel since late 2022. If the price of nickel sees a rebound and sustained positive momentum, we believe TLO can perform well, but until then, since it is pre-revenue, we believe it will largely follow the price of nickel.
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Mining
BUY
Talon Metals Corp.
Interesting. There are two classes of nickel: good and very good, the latter used in batteries for e-cars--high demand. TLO has a deposit in Minnesota that could be fruitful in the next three years.
Mining
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Talon Metals Corp.(TLO-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Talon Metals Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Talon Metals Corp.(TLO-T) Frequently Asked Questions

What is Talon Metals Corp. stock symbol?

Talon Metals Corp. is a Canadian stock, trading under the symbol TLO-T on the Toronto Stock Exchange (TLO-CT). It is usually referred to as TSX:TLO or TLO-T

Is Talon Metals Corp. a buy or a sell?

In the last year, 1 stock analyst published opinions about TLO-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Talon Metals Corp..

Is Talon Metals Corp. a good investment or a top pick?

Talon Metals Corp. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Talon Metals Corp..

Why is Talon Metals Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Talon Metals Corp. worth watching?

1 stock analyst on Stockchase covered Talon Metals Corp. In the last year. It is a trending stock that is worth watching.

What is Talon Metals Corp. stock price?

On 2024-06-20, Talon Metals Corp. (TLO-T) stock closed at a price of $0.15.