Titan Mining (TSE:TI) Director Purchases 7,692 Shares of Company Stock

Titan Mining Co. (TSE:TI) Director Rita Adiani acquired 7,692 shares of the firm’s stock in a transaction that occurred on Tuesday, October 27th. The stock was acquired at an average cost of C$2.71 per share, with a total value of C$20,845.32. Following the completion of the acquisition, the director directly owned 340,285 shares in the company, valued at approximately C$922,172.35. This represents a 2.31% increase in their ownership of the stock.

Titan Mining Price Performance

Shares of Titan Mining stock remained flat at C$2.84 on Wednesday. 12,074 shares of the stock traded hands, compared to its average volume of 104,546. Titan Mining Co. has a twelve month low of C$2.46 and a twelve month high of C$7.75. The company has a current ratio of 1.82, a quick ratio of 1.88 and a debt-to-equity ratio of 101.66. The stock has a market cap of C$279.14 million, a P/E ratio of -31.56 and a beta of -0.85. The business has a 50 day simple moving average of C$3.64 and a 200-day simple moving average of C$3.90.

Titan Mining (TSE:TI) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.07 earnings per share for the quarter. Titan Mining had a negative return on equity of 67.15% and a negative net margin of 10.58%. The business had revenue of C$36.52 million during the quarter. On average, equities research analysts predict that Titan Mining Co. will post 0.01 earnings per share for the current fiscal year.

About Titan Mining

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.