Telson Mining (CVE:TSN) Trading 1.5% Higher – Time to Buy?

Telson Mining Co. (CVE:TSN) shares were up 1.5% during mid-day trading on Friday . The company traded as high as C$0.67 and last traded at C$0.67. Approximately 4,200 shares were traded during trading, a decline of 97% from the average daily volume of 136,603 shares. The stock had previously closed at C$0.66.

Telson Mining Stock Up 1.5%

The business has a 50 day simple moving average of C$0.67 and a 200 day simple moving average of C$0.67. The company has a debt-to-equity ratio of 1,655.21, a current ratio of 0.34 and a quick ratio of 0.23. The stock has a market cap of C$167.95 million and a PE ratio of -15.23.

Telson Mining Company Profile

Telson Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Campo Morado mine consisting of six mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico; and the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in Durango State, Mexico.