Titan Mining (TSE:TI) Trading Up 0.7% – Time to Buy?

Titan Mining Co. (TSE:TI) shares traded up 0.7% on Tuesday . The stock traded as high as C$3.02 and last traded at C$2.97. Approximately 59,685 shares were traded during mid-day trading, a decline of 53% from the average session volume of 125,784 shares. The stock had previously closed at C$2.95.

Titan Mining Price Performance

The company has a current ratio of 1.48, a quick ratio of 1.88 and a debt-to-equity ratio of 143.91. The company has a fifty day moving average price of C$3.15 and a two-hundred day moving average price of C$4.09. The firm has a market cap of C$289.95 million, a P/E ratio of 28.30 and a beta of -0.98.

Titan Mining (TSE:TI) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C($0.19) earnings per share (EPS) for the quarter. The company had revenue of C$27.24 million for the quarter. Titan Mining had a negative return on equity of 174.98% and a negative net margin of 17.91%. Equities analysts anticipate that Titan Mining Co. will post 0.0145949 earnings per share for the current year.

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.