Titan Mining (TSE:TI) Trading 32.5% Higher – Time to Buy?

Titan Mining Co. (TSE:TI) shot up 32.5% during trading on Monday . The stock traded as high as C$5.04 and last traded at C$4.40. 261,665 shares were traded during trading, an increase of 114% from the average session volume of 122,448 shares. The stock had previously closed at C$3.32.

Titan Mining Trading Up 28.3%

The company has a market capitalization of C$389.75 million, a price-to-earnings ratio of 31.56 and a beta of -0.95. 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 business’s 50 day moving average price is C$3.24 and its two-hundred day moving average price is C$1.98.

Titan Mining (TSE:TI) last issued its quarterly earnings data on Wednesday, November 5th. The company reported C$0.00 EPS 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 during the quarter. On average, equities analysts predict that Titan Mining Co. will post 0.0145949 earnings per share for the current fiscal 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.