Titan Mining (TSE:TI) Reaches New 1-Year Low – Should You Sell?

Titan Mining Co. (TSE:TI)’s stock price reached a new 52-week low during trading on Friday. The stock traded as low as C$2.63 and last traded at C$2.69, with a volume of 24,159 shares changing hands. The stock had previously closed at C$2.65.

Titan Mining Price Performance

The company has a current ratio of 1.82, a quick ratio of 1.88 and a debt-to-equity ratio of 101.66. The firm’s 50-day moving average price is C$3.49 and its two-hundred day moving average price is C$3.82. The stock has a market cap of C$268.24 million, a PE ratio of -30.11 and a beta of -1.10.

Titan Mining (TSE:TI) last posted its earnings results on Wednesday, August 12th. The company reported C$0.07 earnings per share for the quarter. The company had revenue of C$36.52 million during the quarter. Titan Mining had a negative return on equity of 67.15% and a negative net margin of 10.58%. On average, equities analysts expect that Titan Mining Co. will post 0.01 earnings per share for the current fiscal year.

Insider Activity at Titan Mining

In other Titan Mining news, insider Jennifer Renee Hood sold 12,000 shares of the stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$4.11, for a total transaction of C$49,320.00. Following the completion of the sale, the insider directly owned 12,366 shares of the company’s stock, valued at approximately C$50,824.26. This represents a 49.25% decrease in their ownership of the stock. Insiders have sold 35,000 shares of company stock worth $149,500 over the last ninety days. Corporate insiders own 57.32% of the company’s stock.

Titan Mining Company Profile

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.