Titan Mining (TSE:TI) Trading 0.7% Higher – Here’s Why

Titan Mining Co. (TSE:TI) shot up 0.7% during trading on Tuesday . The stock traded as high as C$3.02 and last traded at C$2.97. 59,685 shares were traded during trading, a decline of 53% from the average session volume of 125,784 shares. The stock had previously closed at C$2.95.

Titan Mining Price Performance

The stock has a market cap of C$291.92 million, a P/E ratio of 28.30 and a beta of -0.98. The company has a debt-to-equity ratio of 143.91, a current ratio of 1.48 and a quick ratio of 1.88. The business’s fifty day moving average price is C$3.17 and its 200 day moving average price is C$4.10.

Titan Mining (TSE:TI) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C($0.19) earnings per share (EPS) for the quarter. The company had revenue of C$27.24 million for the quarter. Titan Mining had a negative net margin of 17.91% and a negative return on equity of 174.98%. Sell-side analysts forecast that Titan Mining Co. will post 0.0145949 EPS for the current fiscal year.

Titan Mining Company Profile

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York State. Titan is also the United States’ first end-to-end producer of natural flake graphite in 70 years and is advancing graphite and germanium initiatives to strengthen domestic critical minerals supply chains. The Company has also received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative. Titan’s goal is to deliver shareholder value through operational excellence, development, and exploration.