Titan Mining (TSE:TI) Posts Earnings Results

Titan Mining (TSE:TI) announced its quarterly earnings results on Tuesday. The company reported C($0.19) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$27.24 million for the quarter. Titan Mining had a negative net margin of 0.13% and a negative return on equity of 2.35%.

Titan Mining Stock Up 13.9%

TSE TI opened at C$4.18 on Thursday. The stock’s 50 day simple moving average is C$4.05 and its 200 day simple moving average is C$4.18. Titan Mining has a one year low of C$0.49 and a one year high of C$7.75. The firm has a market cap of C$410.84 million, a PE ratio of 28.30 and a beta of -0.56. The company has a debt-to-equity ratio of 697.44, a current ratio of 0.68 and a quick ratio of 1.88.

Insider Activity at Titan Mining

In other Titan Mining news, Director Rita Adiani bought 7,633 shares of the stock in a transaction dated Friday, March 20th. The stock was bought at an average cost of C$3.56 per share, for a total transaction of C$27,173.48. Following the completion of the purchase, the director owned 318,033 shares in the company, valued at C$1,132,197.48. This represents a 2.46% increase in their position. Insiders own 57.32% of the company’s stock.

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.