Titan Mining (TSE:TI) had its price target lowered by National Bank Financial from C$1.60 to C$1.50 in a research report report published on Friday. The brokerage currently has an outperform rating on the stock.

Shares of TSE:TI opened at C$1.17 on Friday. Titan Mining has a 1-year low of C$0.92 and a 1-year high of C$1.65.

Titan Mining (TSE:TI) last issued its earnings results on Wednesday, November 14th. The company reported C($0.08) earnings per share for the quarter, hitting the Zacks’ consensus estimate of C($0.08). The business had revenue of C($0.39) million for the quarter, compared to analyst estimates of C$20.96 million. Sell-side analysts expect that Titan Mining will post 0.14 earnings per share for the current year.

In other news, insider Jerold Annett acquired 250,000 shares of the company’s stock in a transaction that occurred on Friday, August 24th. The shares were acquired at an average price of C$1.25 per share, with a total value of C$312,500.00. Also, Director Richard William Warke acquired 200,000 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The stock was purchased at an average cost of C$1.20 per share, for a total transaction of C$240,000.00. In the last ninety days, insiders purchased 1,055,200 shares of company stock worth $1,299,617.

About Titan Mining

Titan Mining Corporation, a natural resources company, engages in the acquisition, exploration, and development of mineral properties. The company explores for zinc ores and base metals. Its principal asset is the Empire State Mine project that is located in Northern New York State, the United States.

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