Titan Mining (NYSEAMERICAN:TII – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $22.64 million for the quarter. Titan Mining had a negative net margin of 10.19% and a negative return on equity of 67.20%.
Titan Mining Price Performance
TII stock traded down $0.01 during trading on Wednesday, hitting $1.94. 199,458 shares of the company’s stock traded hands, compared to its average volume of 651,305. Titan Mining has a 52 week low of $1.81 and a 52 week high of $5.65. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.82 and a quick ratio of 1.28. The business has a fifty day simple moving average of $2.44 and a 200 day simple moving average of $2.73.
Titan Mining Company Profile
Titan Mining Corporation is a Canadian mining company focused on the exploration, development and production of base metals, primarily zinc. The company’s principal asset is the Empire State Mine, an underground zinc mining complex in northern New York State. The Empire State Mine includes multiple underground mines, a mineral processing facility and related infrastructure. Titan Mining produces zinc concentrates for sale to smelters and other customers, with operations supported by exploration programs intended to expand mineral resources and extend mine life.
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