Titan Mining (TSE:TI) Stock Price Up 0.8% - What's Next?

Key Points

• Titan Mining Co. (TSE:TI) saw its stock price rise by 0.8% on Wednesday, trading between C$1.33 and C$1.36, with a notable drop in trading volume.
• The company holds a market capitalization of C$127.52 million and has a negative P/E ratio of -10.76, indicating financial challenges.
• Titan Mining primarily focuses on zinc exploration, with its main asset being the Empire State Mine project in New York, covering approximately 80,000 acres.

Shares of Titan Mining Co. (TSE:TI - Get Free Report) were up 0.8% during mid-day trading on Wednesday . The company traded as high as C$1.36 and last traded at C$1.33. Approximately 52,046 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 103,499 shares. The stock had previously closed at C$1.32.

Titan Mining Stock Performance

The stock has a market capitalization of C$122.72 million, a P/E ratio of -10.35 and a beta of 0.05. 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 company's fifty day simple moving average is C$0.87 and its two-hundred day simple moving average is C$0.56.

About Titan Mining

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.