Titan Mining (TSE:TI) Stock Price Down 4% – Here’s Why

Titan Mining Co. (TSE:TIGet Free Report)’s stock price traded down 4% during trading on Thursday . The company traded as low as C$5.15 and last traded at C$5.30. 126,776 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 199,930 shares. The stock had previously closed at C$5.52.

Titan Mining Price Performance

The company has a 50-day moving average of C$5.18 and a 200-day moving average of C$3.42. The stock has a market capitalization of C$453.52 million, a price-to-earnings ratio of 36.67 and a beta of -1.24. The company has a debt-to-equity ratio of 641.51, a quick ratio of 1.88 and a current ratio of 1.38.

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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