Titan Mining (TSE:TI) Shares Up 2.2% - What's Next?

Key Points

• Titan Mining Corp saw its stock rise by 2.2%, trading as high as C$1.45 before closing at C$1.40 on Friday.
• The company has a market capitalization of C$190.91 million and a notable debt-to-equity ratio of -296.52, indicating a unique financial structure.
• Titan Mining engages in the acquisition, exploration, and development of mineral properties, primarily owning an interest in the Empire State Mine located in Northern New York.

Titan Mining Co. (TSE:TI - Get Free Report) shares were up 2.2% on Friday . The company traded as high as C$1.45 and last traded at C$1.40. 45,555 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 97,569 shares. The stock had previously closed at C$1.37.

Titan Mining Stock Performance

The business's 50-day simple moving average is C$1.27 and its two-hundred day simple moving average is C$0.79. The company has a quick ratio of 1.88, a current ratio of 0.46 and a debt-to-equity ratio of -296.52. The firm has a market cap of C$188.19 million, a price-to-earnings ratio of 19.71 and a beta of -1.06.

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.