Titan Mining (TSE:TI) Shares Up 7.1%

Titan Mining Co. (TSE:TI) rose 7.1% during 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 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 Performance

The business’s fifty day moving average price is C$0.31 and its 200 day moving average price is C$0.31. The firm has a market capitalization of C$31.37 million, a PE ratio of -1.64 and a beta of -0.02. 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.

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

About Titan Mining

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.