Titan Mining (TSE:TI) Stock Price Down 4.1% - Here's Why

Key Points

• Titan Mining's stock price declined by 4.1%, closing at C$2.31 after trading as low as C$2.22 on Friday.
• During this trading session, approximately 218,544 shares were exchanged, significantly surpassing the average daily volume of 117,757 shares.
• The company, which has a market cap of C$315.01 million, is focused on the acquisition and development of mineral properties, including the Empire State Mine in New York.

Titan Mining Co. (TSE:TI - )'s stock price dropped 4.1% during mid-day trading on Friday . The company traded as low as C$2.22 and last traded at C$2.31. Approximately 218,544 shares changed hands during trading, an increase of 86% from the average daily volume of 117,757 shares. The stock had previously closed at C$2.41.

Titan Mining Stock Down 4.1%

The firm has a market cap of C$315.01 million, a PE ratio of 33.00 and a beta of -0.95. The stock has a 50 day simple moving average of C$1.48 and a 200-day simple moving average of C$0.94. The company has a debt-to-equity ratio of -296.52, a current ratio of 0.46 and a quick ratio of 1.88.

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.

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