Titan Mining (TSE:TI) Shares Up 7.1%

Titan Mining Co. (TSE:TI) shot up 7.1% during trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.23. 381,500 shares were traded during trading, an increase of 1,278% from the average session volume of 27,690 shares. The stock had previously closed at C$0.21.

Titan Mining Stock Performance

The stock has a 50-day moving average of C$0.31 and a 200-day moving average of C$0.31. The firm has a market cap of C$31.37 million, a price-to-earnings ratio of -1.64 and a beta of -0.02. The company has a debt-to-equity ratio of 1,058.24, a quick ratio of 1.88 and a current ratio of 0.37.

Titan Mining (TSE:TI) last posted its quarterly earnings results on Monday, May 13th. The company reported C($0.03) earnings per share for the quarter. The company had revenue of C$15.82 million during the quarter. Titan Mining had a negative net margin of 29.62% and a negative return on equity of 1,012.34%. As a group, analysts anticipate that Titan Mining Co. will post 0.0145949 EPS for the current fiscal year.

Titan Mining Company Profile

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.