Titan Mining (TSE:TI) Trading 8.6% Higher – Still a Buy?

Titan Mining Co. (TSE:TIGet Free Report) was up 8.6% during mid-day trading on Monday . The company traded as high as C$0.33 and last traded at C$0.32. Approximately 101,019 shares changed hands during trading, an increase of 33% from the average daily volume of 76,043 shares. The stock had previously closed at C$0.29.

Titan Mining Stock Performance

The company has a current ratio of 0.46, a quick ratio of 1.88 and a debt-to-equity ratio of -296.52. The firm’s fifty day moving average price is C$0.27 and its two-hundred day moving average price is C$0.28. The stock has a market capitalization of C$40.27 million, a PE ratio of -3.40 and a beta of 0.05.

Titan Mining Company Profile

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Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. It primarily explores for zinc. The company's principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat Edwards mining district in northern New York.

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