Titan Mining (TSE:TI) Shares Up 14.1% - Should You Buy?

Key Points

• Titan Mining's share price increased by 14.1% during Monday's trading, reaching a high of C$2.78 before closing at C$2.59.
• The company reports a market capitalization of C$317.74 million and a notable debt-to-equity ratio of -296.52, indicating a strong financial position.
• Titan Mining is engaged in the exploration and development of mineral properties, prominently owning an interest in the Empire State Mine in Northern New York State.

Titan Mining Co. (TSE:TI - )'s share price shot up 14.1% during mid-day trading on Monday . The stock traded as high as C$2.78 and last traded at C$2.59. 284,968 shares were traded during trading, an increase of 132% from the average session volume of 123,000 shares. The stock had previously closed at C$2.27.

Titan Mining Trading Up 2.6%

The company has a debt-to-equity ratio of -296.52, a quick ratio of 1.88 and a current ratio of 0.46. The firm has a market capitalization of C$317.74 million, a P/E ratio of 33.29 and a beta of -0.95. The firm has a 50 day simple moving average of C$1.60 and a two-hundred day simple moving average of C$1.03.

About Titan Mining

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.

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