Titan Mining (TSE:TI) Reaches New 52-Week High – Here’s Why

Titan Mining Co. (TSE:TIGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$5.50 and last traded at C$5.50, with a volume of 468987 shares trading hands. The stock had previously closed at C$4.39.

Titan Mining Trading Up 25.3%

The stock has a market cap of C$503.89 million, a PE ratio of 40.74 and a beta of -1.27. 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 stock’s fifty day moving average price is C$3.59 and its 200 day moving average price is C$2.28.

Titan Mining (TSE:TIGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported C$0.00 earnings per share (EPS) for the quarter. The business had revenue of C$23.36 million for the quarter. Titan Mining had a positive return on equity of 255.83% and a negative net margin of 24.24%. On average, sell-side analysts forecast that Titan Mining Co. will post 0.0145949 EPS 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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