Titan Mining (TSE:TI) Hits New 1-Year Low – Time to Sell?

Titan Mining Co. (TSE:TI) hit a new 52-week low on Friday. The stock traded as low as C$2.63 and last traded at C$2.69, with a volume of 24,159 shares changing hands. The stock had previously closed at C$2.65.

Titan Mining Stock Performance

The company has a current ratio of 1.82, a quick ratio of 1.88 and a debt-to-equity ratio of 101.66. The company has a market capitalization of C$270.22 million, a P/E ratio of -30.33 and a beta of -1.10. The company’s fifty day moving average is C$3.51 and its 200 day moving average is C$3.84.

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

Insider Buying and Selling at Titan Mining

In related news, insider Jennifer Renee Hood sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of C$4.11, for a total value of C$49,320.00. Following the completion of the sale, the insider owned 12,366 shares in the company, valued at C$50,824.26. The trade was a 49.25% decrease in their position. Over the last 90 days, insiders sold 35,000 shares of company stock worth $149,500. Company insiders own 57.32% of the company’s stock.

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.