Titan Mining Co. (TSE:TI) to Issue None Dividend of $0.01

Titan Mining Co. (TSE:TIGet Rating) declared a None dividend on Tuesday, September 20th, Zacks reports. Shareholders of record on Thursday, September 29th will be given a dividend of 0.01 per share on Friday, October 14th. The ex-dividend date of this dividend is Wednesday, September 28th.

Titan Mining Stock Up 1.8 %

TSE:TI opened at C$0.56 on Thursday. The company has a quick ratio of 2.46, a current ratio of 3.99 and a debt-to-equity ratio of 192.28. The firm has a market capitalization of C$77.83 million and a price-to-earnings ratio of 18.67. Titan Mining has a twelve month low of C$0.33 and a twelve month high of C$0.79. The stock’s 50 day moving average price is C$0.52 and its two-hundred day moving average price is C$0.61.

Titan Mining (TSE:TIGet Rating) last posted its earnings results on Wednesday, August 10th. The company reported C$0.05 earnings per share for the quarter. The business had revenue of C$25.69 million for the quarter. Equities research analysts expect that Titan Mining will post 0.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Fundamental Research reduced their price target on Titan Mining from C$14.28 to C$13.90 and set a “buy” rating for the company in a research note on Monday, August 22nd.

Titan Mining Company Profile

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Titan Mining Corporation, a natural resources company, acquires, explores, and develops mineral properties. The company explores for zinc ores and base metals. Its principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in Northern New York State, the United States.

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