Titan Mining (TSE:TI) Shares Up 20.8% - Time to Buy?

Key Points

• Titan Mining's share price surged by 20.8% during trading, reaching a high of C$2.86 before last trading at C$2.79.
• The company's share volume increased by 102% from the average, with 237,243 shares changing hands.
• Titan Mining has a market capitalization of C$420.01 million and operates in the acquisition and development of mineral properties, notably holding interest in the Empire State Mine.

Titan Mining Co. (TSE:TI - )'s share price shot up 20.8% during trading on Tuesday . The company traded as high as C$2.86 and last traded at C$2.79. 237,243 shares changed hands during mid-day trading, an increase of 102% from the average session volume of 117,622 shares. The stock had previously closed at C$2.31.

Titan Mining Stock Performance

The stock has a market cap of C$420.01 million, a price-to-earnings ratio of 44.00 and a beta of -0.95. The company has a current ratio of 0.46, a quick ratio of 1.88 and a debt-to-equity ratio of -296.52. The stock's 50-day moving average is C$1.50 and its 200-day moving average is C$0.96.

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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