Titan Mining (TSE:TI) Sets New 1-Year Low at $0.21

Titan Mining Co. (TSE:TI) hit a new 52-week low on Thursday . The stock traded as low as C$0.21 and last traded at C$0.21, with a volume of 22500 shares changing hands. The stock had previously closed at C$0.21.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on Titan Mining from C$0.40 to C$0.25 in a research note on Monday, July 22nd.

Titan Mining Stock Performance

The company has a debt-to-equity ratio of 1,058.24, a current ratio of 0.51 and a quick ratio of 1.88. The firm has a market capitalization of C$32.05 million, a PE ratio of -2.93 and a beta of 0.02. The company’s fifty day simple moving average is C$0.22 and its 200 day simple moving average is C$0.27.

Titan Mining (TSE:TI) last announced its quarterly earnings results on Wednesday, August 14th. The company reported C$0.03 EPS for the quarter. The company had revenue of C$24.59 million for the quarter. Titan Mining had a negative net margin of 11.56% and a negative return on equity of 2,059.37%. As a group, equities research analysts expect that Titan Mining Co. will post 0.0145949 EPS for the current fiscal year.

About Titan Mining

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.