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Titan Mining (TSE:TI) Shares Up 5.6% - Still a Buy?

Titan Mining logo with Basic Materials background

Key Points

  • Titan Mining's stock price increased by 5.6% during mid-day trading, reaching a last traded value of C$1.32 after previously closing at C$1.25.
  • The company has a market capitalization of C$126.56 million and a P/E ratio of -10.68, indicating potential concerns regarding profitability.
  • Titan Mining primarily focuses on zinc exploration, with its principal asset being the Empire State Mine project in New York covering approximately 80,000 acres.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Titan Mining Co. (TSE:TI - Get Free Report) shot up 5.6% during trading on Thursday . The stock traded as high as C$1.35 and last traded at C$1.32. 145,053 shares traded hands during trading, an increase of 45% from the average session volume of 99,823 shares. The stock had previously closed at C$1.25.

Titan Mining Trading Up 1.7%

The firm has a market capitalization of C$166.37 million, a price-to-earnings ratio of 17.43 and a beta of -0.91. The firm's 50 day moving average is C$1.12 and its 200 day moving average is C$0.69. The company has a quick ratio of 1.88, a current ratio of 0.46 and a debt-to-equity ratio of -296.52.

Titan Mining Company Profile

(Get Free Report)

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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