Titan Mining (TSE:TI) Shares Down 2.9% – Here’s What Happened

Titan Mining Co. (TSE:TI) shares were down 2.9% during trading on Tuesday . The stock traded as low as C$3.30 and last traded at C$3.30. Approximately 26,212 shares were traded during trading, a decline of 78% from the average daily volume of 119,431 shares. The stock had previously closed at C$3.40.

Titan Mining Price Performance

The company has a debt-to-equity ratio of 143.91, a current ratio of 1.48 and a quick ratio of 1.88. The firm has a market capitalization of C$378.41 million, a price-to-earnings ratio of -27.50 and a beta of -0.99. The stock has a 50 day moving average price of C$3.07 and a two-hundred day moving average price of C$3.90.

Titan Mining (TSE:TI) last posted 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 return on equity of 174.98% and a negative net margin of 17.91%.The firm had revenue of C$27.24 million for the quarter. As a group, analysts expect that Titan Mining Co. will post 0.0145949 EPS for the current year.

About Titan Mining

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York State. Titan is also the United States’ first end-to-end producer of natural flake graphite in 70 years and is advancing graphite and germanium initiatives to strengthen domestic critical minerals supply chains. The Company has also received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative. Titan’s goal is to deliver shareholder value through operational excellence, development, and exploration.