Titan Mining (TSE:TI) Trading Down 10.3% – Time to Sell?
by Renee Jackson · The Cerbat GemTitan Mining Co. (TSE:TI – Get Free Report)’s stock price was down 10.3% during trading on Thursday . The stock traded as low as C$6.25 and last traded at C$6.30. Approximately 188,445 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 254,797 shares. The stock had previously closed at C$7.02.
Titan Mining Price Performance
The firm has a market cap of C$580.85 million, a PE ratio of 46.96 and a beta of -1.27. The stock has a 50 day simple moving average of C$3.95 and a two-hundred day simple moving average of C$2.54. The company has a debt-to-equity ratio of -296.52, a quick ratio of 1.88 and a current ratio of 0.46.
Titan Mining (TSE:TI – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported C$0.00 EPS for the quarter. Titan Mining had a positive return on equity of 255.83% and a negative net margin of 24.24%.The firm had revenue of C$23.36 million for the quarter. Sell-side analysts expect that Titan Mining Co. will post 0.0145949 earnings per share for the current year.
Titan Mining Company Profile
Titan Mining Corp is a Canadian natural resources company. It is engaged in the acquisition, exploration, and development of mineral properties. The company owns an interest in the Empire State Mine in Northern New York State, United States.