Titan Mining (TSE:TI) Shares Up 12.8% – Here’s Why

Shares of Titan Mining Co. (TSE:TI) were up 12.8% during trading on Tuesday . The company traded as high as C$7.00 and last traded at C$6.78. Approximately 216,118 shares traded hands during trading, an increase of 3% from the average daily volume of 209,168 shares. The stock had previously closed at C$6.01.

Titan Mining Stock Performance

The company has a debt-to-equity ratio of -296.52, a quick ratio of 1.88 and a current ratio of 0.46. The business’s 50-day moving average is C$3.71 and its 200-day moving average is C$2.40. The company has a market capitalization of C$600.08 million, a PE ratio of 48.52 and a beta of -1.27.

Titan Mining (TSE:TI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.00 earnings per share for the quarter. Titan Mining had a negative net margin of 24.24% and a positive return on equity of 255.83%. The business had revenue of C$23.36 million for the quarter. On average, research analysts anticipate that Titan Mining Co. will post 0.0145949 earnings per share for the current year.

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.