Titan Mining (TSE:TI – Get Free Report) issued its earnings results on Wednesday. The company reported C($0.04) earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$32.23 million during the quarter. Titan Mining had a negative return on equity of 67.15% and a negative net margin of 10.58%.
Titan Mining Trading Down 3.2%
TI stock opened at C$2.69 on Thursday. Titan Mining has a 1-year low of C$2.55 and a 1-year high of C$7.75. The company has a debt-to-equity ratio of 101.66, a current ratio of 1.82 and a quick ratio of 1.88. The company has a market capitalization of C$266.26 million, a price-to-earnings ratio of -29.89 and a beta of -1.10. The business has a 50 day simple moving average of C$3.41 and a two-hundred day simple moving average of C$3.76.
Insider Activity
In other Titan Mining news, insider Jennifer Renee Hood sold 12,000 shares of the firm’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$4.11, for a total transaction of C$49,320.00. Following the transaction, the insider owned 12,366 shares of the company’s stock, valued at approximately C$50,824.26. This trade represents a 49.25% decrease in their position. Insiders sold a total of 35,000 shares of company stock worth $149,500 in the last ninety days. 57.32% of the stock is owned by insiders.
About Titan Mining
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.
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