Titan Mining (TSE:TI) Stock Price Down 3.2% – Time to Sell?

Titan Mining Co. (TSE:TI) shares fell 3.2% on Friday. The company traded as low as C$2.76 and last traded at C$2.76. 64,074 shares changed hands during trading, a decline of 40% from the average daily volume of 107,397 shares. The stock had previously closed at C$2.85.

Titan Mining Price Performance

The company’s 50 day moving average price is C$3.78 and its 200-day moving average price is C$3.49. The stock has a market cap of C$271.27 million, a P/E ratio of -30.67 and a beta of -0.85. The company has a quick ratio of 1.88, a current ratio of 1.82 and a debt-to-equity ratio of 101.66.

Titan Mining (TSE:TI) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$0.07 earnings per share for the quarter. The company had revenue of C$36.52 million for the quarter. Titan Mining had a negative net margin of 10.58% and a negative return on equity of 67.15%. As a group, sell-side analysts expect that Titan Mining Co. will post 0.01 earnings per share for the current year.

Insider Transactions at Titan Mining

In other Titan Mining news, insider Jennifer Renee Hood sold 12,000 shares of Titan Mining stock in a transaction dated Friday, September 25th. The stock was sold at an average price of C$4.11, for a total transaction of C$49,320.00. Following the transaction, the insider directly owned 12,366 shares of the company’s stock, valued at approximately C$50,824.26. The trade was a 49.25% decrease in their position. Over the last three months, insiders sold 35,000 shares of company stock worth $149,500. 57.32% of the stock is owned by company 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.