Titan Mining (TSE:TI) Stock Price Down 7.1% – Should You Sell?

Titan Mining Co. (TSE:TI)’s share price traded down 7.1% during mid-day trading on Tuesday . The company traded as low as C$2.70 and last traded at C$2.75. 68,046 shares changed hands during trading, a decline of 48% from the average session volume of 131,682 shares. The stock had previously closed at C$2.96.

Titan Mining Stock Up 5.7%

The company has a current ratio of 1.48, a quick ratio of 1.88 and a debt-to-equity ratio of 143.91. The stock’s 50-day moving average is C$3.53 and its 200-day moving average is C$4.16. The company has a market cap of C$273.24 million, a price-to-earnings ratio of 28.30 and a beta of -1.08.

Titan Mining (TSE:TI) last released its earnings results on Tuesday, May 12th. The company reported C($0.19) earnings per share (EPS) for the quarter. Titan Mining had a negative net margin of 17.91% and a negative return on equity of 174.98%. The company had revenue of C$27.24 million for the quarter. On average, analysts anticipate that Titan Mining Co. will post 0.0145949 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Rita Adiani bought 7,633 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average price of C$3.56 per share, for a total transaction of C$27,173.48. Following the transaction, the director directly owned 318,033 shares of the company’s stock, valued at approximately C$1,132,197.48. The trade was a 2.46% increase in their ownership of the stock. 57.32% of the stock is owned by insiders.

Titan Mining Company Profile

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.