Titan Mining (TSE:TI) Stock Price Down 3.5% – Here’s What Happened

Titan Mining Co. (TSE:TI) was down 3.5% during mid-day trading on Monday . The company traded as low as C$3.00 and last traded at C$3.03. Approximately 38,368 shares were traded during trading, a decline of 69% from the average daily volume of 124,626 shares. The stock had previously closed at C$3.14.

Titan Mining Price Performance

The company has a market capitalization of C$277.21 million, a P/E ratio of 22.44 and a beta of -0.95. The company has a current ratio of 0.46, a quick ratio of 1.88 and a debt-to-equity ratio of -296.52. The business’s fifty day moving average price is C$3.10 and its 200-day moving average price is C$1.80.

Titan Mining (TSE:TI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.00 earnings per share (EPS) for the quarter. The company had revenue of C$23.36 million during the quarter. Titan Mining had a negative net margin of 24.24% and a positive return on equity of 255.83%. As a group, sell-side analysts predict that Titan Mining Co. will post 0.0145949 earnings per share for the current fiscal year.

Titan Mining Company Profile

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.