Titan Mining (TSE:TI) Trading 0.7% Higher – Should You Buy?
by Sarita Garza · The Markets DailyTitan Mining Co. (TSE:TI – Get Free Report) shot up 0.7% during trading on Tuesday . The company traded as high as C$3.02 and last traded at C$2.97. 59,685 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 125,784 shares. The stock had previously closed at C$2.95.
Titan Mining Stock Performance
The stock has a 50 day moving average of C$3.17 and a 200 day moving average of C$4.10. The company has a quick ratio of 1.88, a current ratio of 1.48 and a debt-to-equity ratio of 143.91. The firm has a market cap of C$291.92 million, a price-to-earnings ratio of 28.30 and a beta of -0.98.
Titan Mining (TSE:TI – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.19) earnings per share (EPS) for the quarter. The firm had revenue of C$27.24 million for the quarter. Titan Mining had a negative return on equity of 174.98% and a negative net margin of 17.91%. As a group, analysts anticipate that Titan Mining Co. will post 0.0145949 EPS for the current fiscal year.
Titan Mining Company Profile
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York State. Titan is also the United States’ first end-to-end producer of natural flake graphite in 70 years and is advancing graphite and germanium initiatives to strengthen domestic critical minerals supply chains. The Company has also received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative. Titan’s goal is to deliver shareholder value through operational excellence, development, and exploration.