Titan Mining (TSE:TI) Trading 9.3% Higher

Shares of Titan Mining Co. (TSE:TI) rose 9.3% on Wednesday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 1,000 shares were traded during trading, a decline of 96% from the average daily volume of 27,382 shares. The stock had previously closed at C$0.22.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut their target price on shares of Titan Mining from C$0.40 to C$0.25 in a research note on Monday, July 22nd.

Titan Mining Price Performance

The company has a market capitalization of C$30.00 million, a PE ratio of -3.00 and a beta of 0.02. The company has a debt-to-equity ratio of 1,058.24, a current ratio of 0.51 and a quick ratio of 1.88. The company’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.27.

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.