HC Wainwright initiated coverage on shares of Titan Mining (NYSEAMERICAN:TII – Free Report) in a research report sent to investors on Friday, Marketbeat.com reports. The firm issued a buy rating and a $6.50 price target on the stock.
Titan Mining Trading Up 8.0%
TII opened at $3.93 on Friday. Titan Mining has a 52-week low of $0.25 and a 52-week high of $5.65.
Institutional Trading of Titan Mining
A hedge fund recently bought a new stake in Titan Mining stock. HighTower Advisors LLC acquired a new stake in shares of Titan Mining Corporation (NYSEAMERICAN:TII – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 17,325 shares of the company’s stock, valued at approximately $51,000.
About Titan Mining
Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. The company explores for zinc and graphite, as well as iron-oxide copper gold deposits. Its principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat– Edwards mining district in northern New York. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016.
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