Titan Mining (TSE:TI) Trading Up 3% – Still a Buy?

Titan Mining Co. (TSE:TIGet Free Report) was up 3% during mid-day trading on Tuesday . The company traded as high as C$3.25 and last traded at C$3.06. 97,754 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 130,217 shares. The stock had previously closed at C$2.97.

Titan Mining Stock Up 3.0%

The company has a debt-to-equity ratio of 143.91, a quick ratio of 1.88 and a current ratio of 1.48. The company’s 50-day moving average price is C$3.30 and its 200 day moving average price is C$4.13. The stock has a market capitalization of C$300.76 million, a P/E ratio of 28.30 and a beta of -1.08.

Titan Mining (TSE:TIGet Free Report) last issued its earnings results on Tuesday, May 12th. The company reported C($0.19) earnings per share for the quarter. The firm had revenue of C$27.24 million during the quarter. Titan Mining had a negative return on equity of 174.98% and a negative net margin of 17.91%. As a group, equities analysts expect that Titan Mining Co. will post 0.0145949 earnings per share for the current year.

About Titan Mining

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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.

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