Titan Mining (TSE:TI) Trading Up 32.5% – Here’s What Happened

Titan Mining Co. (TSE:TIGet Free Report)’s share price shot up 32.5% during trading on Monday . The company traded as high as C$5.04 and last traded at C$4.40. 261,665 shares were traded during trading, an increase of 114% from the average session volume of 122,448 shares. The stock had previously closed at C$3.32.

Titan Mining Trading Down 2.2%

The company has a quick ratio of 1.88, a current ratio of 0.46 and a debt-to-equity ratio of -296.52. The firm’s fifty day moving average is C$3.31 and its two-hundred day moving average is C$2.03. The firm has a market cap of C$364.13 million, a P/E ratio of 29.48 and a beta of -0.95.

Titan Mining (TSE:TIGet Free Report) last posted its earnings results on Wednesday, November 5th. The company reported C$0.00 EPS for the quarter. The firm 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%. Analysts predict that Titan Mining Co. will post 0.0145949 earnings per share for the current fiscal 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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