Telson Mining Co. (CVE:TSN – Get Free Report)’s share price shot up 1.5% during mid-day trading on Tuesday. The stock traded as high as C$0.67 and last traded at C$0.67. 4,200 shares were traded during trading, a decline of 97% from the average session volume of 136,603 shares. The stock had previously closed at C$0.66.
Telson Mining Price Performance
The company has a market cap of C$167.95 million and a P/E ratio of -15.23. The company has a debt-to-equity ratio of 1,655.21, a current ratio of 0.34 and a quick ratio of 0.23. The firm’s 50-day moving average is C$0.67 and its two-hundred day moving average is C$0.67.
Telson Mining Company Profile
Telson Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Campo Morado mine consisting of six mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico; and the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in Durango State, Mexico. The company was formerly known as Telson Resources Inc and changed its name to Telson Mining Corporation in February 2018.
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