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Titan Mining (TSE:TI) Shares Down 6.7% - Here's What Happened

Titan Mining logo with Basic Materials background

Titan Mining Co. (TSE:TI - Get Free Report)'s share price traded down 6.7% during trading on Thursday . The company traded as low as C$1.14 and last traded at C$1.25. 183,786 shares traded hands during mid-day trading, an increase of 78% from the average session volume of 103,000 shares. The stock had previously closed at C$1.34.

Titan Mining Stock Performance

The firm has a market capitalization of C$128.48 million, a P/E ratio of -10.84 and a beta of 0.05. The stock has a fifty day simple moving average of C$0.71 and a two-hundred day simple moving average of C$0.49. 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

(Get Free Report)

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.

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