Titan Mining (TSE:TI) Shares Down 5.5% – What’s Next?

Titan Mining Co. (TSE:TI)’s stock price fell 5.5% during trading on Monday . The company traded as low as C$3.27 and last traded at C$3.27. 56,294 shares were traded during trading, a decline of 57% from the average session volume of 129,659 shares. The stock had previously closed at C$3.46.

Titan Mining Trading Down 5.5%

The company has a market cap of C$299.17 million, a P/E ratio of 24.22 and a beta of -1.02. The business has a fifty day simple moving average of C$2.55 and a 200 day simple moving average of C$1.50. 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) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.00 earnings per share for the quarter. Titan Mining had a positive return on equity of 255.83% and a negative net margin of 24.24%.The business had revenue of C$23.36 million during the quarter. Analysts anticipate that Titan Mining Co. will post 0.0145949 earnings per share for the current fiscal year.

About Titan Mining

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.