Titan Mining (TSE:TI)‘s stock had its “outperform” rating reiterated by analysts at Scotiabank in a research note issued on Wednesday. They currently have a C$1.90 price objective on the stock. Scotiabank’s target price indicates a potential upside of 40.74% from the company’s previous close.
Shares of TSE TI opened at C$1.35 on Wednesday. Titan Mining has a 12 month low of C$0.92 and a 12 month high of C$1.65.
In other Titan Mining news, insider Jerold Annett purchased 120,600 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average cost of C$1.22 per share, for a total transaction of C$147,132.00. Also, Director Richard William Warke purchased 547,600 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The stock was acquired at an average price of C$1.35 per share, with a total value of C$739,260.00. Insiders acquired a total of 704,400 shares of company stock valued at $935,262 over the last 90 days.
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Titan Mining Corporation, a natural resources company, engages in the acquisition, exploration, and development of mineral properties. The company explores for zinc ores. Its principal asset is the Empire State Mine project that is located in northern New York State, the United States. The company holds interests in approximately 81,000 acres of mineral interests surrounding the Empire State Mine project.
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