Titanium (CVE:TIC) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Titanium Co. Inc. (CVE:TICGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.90 and traded as low as C$1.80. Titanium shares last traded at C$1.90, with a volume of 118,009 shares changing hands.

Titanium Price Performance

The firm has a market capitalization of C$215.61 million and a price-to-earnings ratio of -61.29. The business has a 50 day moving average of C$1.90 and a 200 day moving average of C$1.90.

About Titanium

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Titanium Corporation Inc develops technologies for the recovery of heavy minerals and bitumen in Canada. Its Value from Waste technology is used to recover bitumen, solvents, minerals, and water from oil sands waste tailings. The company has interests in six oil sands mining projects. Titanium Corporation Inc is headquartered in Calgary, Canada.

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