Titan Mining (TSE:TI) Stock Price Down 11.4%

Titan Mining Co. (TSE:TI)’s share price traded down 11.4% on Wednesday . The stock traded as low as C$0.30 and last traded at C$0.31. 41,600 shares changed hands during trading, an increase of 64% from the average session volume of 25,328 shares. The stock had previously closed at C$0.35.

Titan Mining Stock Up 1.7 %

The company’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.34. The firm has a market cap of C$41.59 million, a PE ratio of -4.36 and a beta of -0.07. The company has a current ratio of 0.39, a quick ratio of 1.88 and a debt-to-equity ratio of 1,058.24.

Titan Mining (TSE:TI) last released its earnings results on Thursday, March 21st. The company reported C($0.07) earnings per share for the quarter. Titan Mining had a negative net margin of 19.60% and a negative return on equity of 247.73%. The firm had revenue of C$14.86 million for the quarter. On average, equities research analysts expect that Titan Mining Co. will post 0.0145949 EPS for the current fiscal year.

Titan Mining Company Profile

Titan Mining Corporation acquires, explores, develops, 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 New York, the United States. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016.