HC Wainwright started coverage on shares of Titan Mining (NYSEAMERICAN:TII – Get Free Report) in a note issued to investors on Friday, Marketbeat.com reports. The brokerage set a “buy” rating and a $6.50 price target on the stock. HC Wainwright’s target price would indicate a potential upside of 78.57% from the stock’s current price.
Titan Mining Price Performance
Shares of TII opened at $3.64 on Friday. Titan Mining has a 1-year low of $0.25 and a 1-year high of $5.65.
Institutional Investors Weigh In On Titan Mining
An institutional investor recently bought a new position in Titan Mining stock. AlphaCore Capital LLC purchased a new stake in shares of Titan Mining Corporation (NYSEAMERICAN:TII – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 33,333 shares of the company’s stock, valued at approximately $99,000.
Titan Mining Company Profile
Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. The company explores for zinc and graphite, as well as iron-oxide copper gold deposits. Its principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat– Edwards mining district in northern New York. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016.
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