Titan Mining (TSE:TI) Trading Down 10.3% – Time to Sell?

Titan Mining Co. (TSE:TI)’s stock price fell 10.3% during mid-day trading on Thursday . The company traded as low as C$6.25 and last traded at C$6.30. 188,445 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 254,797 shares. The stock had previously closed at C$7.02.

Titan Mining Price Performance

The stock has a market cap of C$574.43 million, a price-to-earnings ratio of 46.44 and a beta of -1.27. The company has a debt-to-equity ratio of -296.52, a quick ratio of 1.88 and a current ratio of 0.46. The company has a 50-day simple moving average of C$3.83 and a two-hundred day simple moving average of C$2.47.

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

About Titan Mining

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.