Insider Buying: Troilus Gold Corp. (CVE:TLG) Director Acquires C$38,640.00 in Stock

Troilus Gold Corp. (CVE:TLGGet Free Report) Director Christopher Justin Reid bought 92,000 shares of Troilus Gold stock in a transaction that occurred on Thursday, May 16th. The shares were acquired at an average cost of C$0.42 per share, with a total value of C$38,640.00.

Troilus Gold Stock Up 18.6 %

Shares of TLG opened at C$0.83 on Friday. The company has a market capitalization of C$40.45 million and a price-to-earnings ratio of -0.91. Troilus Gold Corp. has a 52 week low of C$0.70 and a 52 week high of C$2.25. The stock’s 50-day moving average price is C$0.83 and its 200-day moving average price is C$0.83. The company has a quick ratio of 7.28, a current ratio of 7.43 and a debt-to-equity ratio of 2.23.

Analysts Set New Price Targets

Separately, Cormark upped their price target on shares of Troilus Gold from C$1.60 to C$2.25 in a report on Wednesday.

Read Our Latest Stock Analysis on TLG

About Troilus Gold

(Get Free Report)

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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