Titan Mining (TSE:TI) Reaches New 1-Year High – Time to Buy?

Titan Mining Co. (TSE:TI) shares reached a new 52-week high on Wednesday . The company traded as high as C$7.00 and last traded at C$6.65, with a volume of 515212 shares. The stock had previously closed at C$6.01.

Titan Mining Price Performance

The stock has a market cap of C$609.25 million, a P/E ratio of 49.26 and a beta of -1.27. The company has a current ratio of 0.46, a quick ratio of 1.88 and a debt-to-equity ratio of -296.52. The company’s fifty day simple moving average is C$3.76 and its 200-day simple moving average is C$2.44.

Titan Mining (TSE:TI) last issued its earnings results on Wednesday, November 5th. The company reported C$0.00 earnings per share for the quarter. The business had revenue of C$23.36 million for the quarter. Titan Mining had a negative net margin of 24.24% and a positive return on equity of 255.83%. As a group, sell-side analysts forecast that Titan Mining Co. will post 0.0145949 EPS for the current year.

Titan Mining Company Profile

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.