Titan Mining (NYSEAMERICAN:TII) Posts Earnings Results

Titan Mining (NYSEAMERICAN:TII – Get Free Report) posted its earnings results on Tuesday. The company reported ($0.03) EPS for the quarter, Zacks reports. The firm had revenue of $22.64 million during the quarter. Titan Mining had a negative net margin of 10.19% and a negative return on equity of 67.20%.

Titan Mining Stock Down 1.0%

TII traded down $0.02 during trading on Wednesday, hitting $1.93. The stock had a trading volume of 199,682 shares, compared to its average volume of 651,311. The company has a 50 day moving average price of $2.44 and a 200-day moving average price of $2.73. Titan Mining has a one year low of $1.81 and a one year high of $5.65. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.28 and a current ratio of 1.82.

Titan Mining Company Profile

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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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