Titanium (CVE:TIC) Share Price Passes Below 50-Day Moving Average – Should You Sell?

by · The Markets Daily

Titanium Co. Inc. (CVE:TIC – Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.90 and traded as low as C$1.80. Titanium shares last traded at C$1.90, with a volume of 118,009 shares changing hands.

Titanium Stock Down 4.5%

The company’s 50 day simple moving average is C$1.90 and its two-hundred day simple moving average is C$1.90. The company has a market capitalization of C$215.61 million and a price-to-earnings ratio of -61.29.

Titanium Company Profile

(Get Free Report)

Titanium Corporation Inc develops technologies for the recovery of heavy minerals and bitumen in Canada. Its Value from Waste technology is used to recover bitumen, solvents, minerals, and water from oil sands waste tailings. The company has interests in six oil sands mining projects. Titanium Corporation Inc is headquartered in Calgary, Canada.

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