Titanium Co. Inc. (CVE:TIC – Get Free Report) dropped 4.5% during mid-day trading on Wednesday. The company traded as low as C$1.80 and last traded at C$1.90. Approximately 118,009 shares traded hands during trading, a decline of 47% from the average daily volume of 221,671 shares. The stock had previously closed at C$1.99.
Titanium Stock Down 4.5%
The firm has a market cap of C$215.61 million and a P/E ratio of -61.29. The firm’s 50-day simple moving average is C$1.90 and its 200 day simple moving average is C$1.90.
About Titanium
Titanium Corporation Inc. develops technologies for the recovery of heavy minerals and bitumen in Canada. Its Value from Waste technology is used to recover bitumen, solvents, minerals, and water from oil sands waste tailings. The company has interests in six oil sands mining projects. Titanium Corporation Inc. is headquartered in Calgary, Canada.
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