Titan Mining (NYSEAMERICAN:TII) Announces Quarterly Earnings Results

Titan Mining (NYSEAMERICAN:TII) announced its quarterly earnings data on Tuesday. The company reported ($0.03) earnings per share for the quarter, Zacks reports. Titan Mining had a negative net margin of 10.19% and a negative return on equity of 67.20%. The business had revenue of $22.64 million during the quarter.

Titan Mining Stock Down 2.0%

Shares of TII stock traded down $0.04 during trading hours on Wednesday, reaching $1.91. The company had a trading volume of 205,394 shares, compared to its average volume of 651,370. The company has a 50 day moving average of $2.44 and a 200 day moving average of $2.73. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.28 and a current ratio of 1.82. Titan Mining has a 1-year low of $1.81 and a 1-year high of $5.65.

Titan Mining Company Profile

Titan Mining Corporation is a Canadian mining company focused on the exploration, development and production of base metals, primarily zinc. The company’s principal asset is the Empire State Mine, an underground zinc mining complex in northern New York State. The Empire State Mine includes multiple underground mines, a mineral processing facility and related infrastructure. Titan Mining produces zinc concentrates for sale to smelters and other customers, with operations supported by exploration programs intended to expand mineral resources and extend mine life.