Titan Mining (TSE:TI) Stock Price Up 7.1%

Titan Mining Co. (TSE:TI) shares were up 7.1% during mid-day trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 381,500 shares traded hands during mid-day trading, an increase of 1,278% from the average daily volume of 27,690 shares. The stock had previously closed at C$0.21.

Titan Mining Stock Up 14.3 %

The company has a fifty day simple moving average of C$0.31 and a 200-day simple moving average of C$0.31. The company has a quick ratio of 1.88, a current ratio of 0.37 and a debt-to-equity ratio of 1,058.24. The firm has a market cap of C$32.73 million, a P/E ratio of -1.50 and a beta of -0.02.

Titan Mining (TSE:TI) last issued its quarterly earnings results on Monday, May 13th. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$15.82 million for the quarter. Titan Mining had a negative net margin of 29.62% and a negative return on equity of 1,012.34%. On average, equities analysts anticipate that Titan Mining Co. will post 0.0145949 earnings per share for the current year.

Titan Mining Company Profile

Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. It primarily explores for zinc. The company's principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat Edwards mining district in northern New York.