Titan Mining (TSE:TI) Hits New 1-Year Low at $0.22

Titan Mining Co. (TSE:TI)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.22 and last traded at C$0.22, with a volume of 515 shares changing hands. The stock had previously closed at C$0.23.

Titan Mining Price Performance

The firm has a market capitalization of C$31.37 million, a price-to-earnings ratio of -1.64 and a beta of -0.02. The stock’s fifty day moving average price is C$0.30 and its two-hundred day moving average price is C$0.31. The company has a current ratio of 0.37, a quick ratio of 1.88 and a debt-to-equity ratio of 1,058.24.

Titan Mining (TSE:TI) last posted its quarterly earnings results on Monday, May 13th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$15.82 million during the quarter. Titan Mining had a negative net margin of 29.62% and a negative return on equity of 1,012.34%. Equities research analysts expect that Titan Mining Co. will post 0.0145949 EPS 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.