Titan Mining (TSE:TI) Stock Price Down 5.5% – Here’s What Happened

Titan Mining Co. (TSE:TI)’s stock price was down 5.5% during trading on Monday . The company traded as low as C$3.27 and last traded at C$3.27. Approximately 56,294 shares traded hands during trading, a decline of 57% from the average daily volume of 129,659 shares. The stock had previously closed at C$3.46.

Titan Mining Price Performance

The company has a market cap of C$335.77 million, a PE ratio of 27.19 and a beta of -1.02. The company has a debt-to-equity ratio of -296.52, a current ratio of 0.46 and a quick ratio of 1.88. The stock’s 50-day moving average is C$2.63 and its 200 day moving average is C$1.54.

Titan Mining (TSE:TI) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.00 earnings per share (EPS) for the quarter. The business had revenue of C$23.36 million for the quarter. Titan Mining had a positive return on equity of 255.83% and a negative net margin of 24.24%. On average, equities analysts anticipate 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.