Titan Mining (TSE:TI) Stock Price Down 11.4%

Titan Mining Co. (TSE:TI) fell 11.4% during mid-day trading on Wednesday . The company traded as low as C$0.30 and last traded at C$0.31. 41,600 shares were traded during trading, an increase of 64% from the average session volume of 25,328 shares. The stock had previously closed at C$0.35.

Titan Mining Price Performance

The stock’s fifty day moving average is C$0.29 and its 200-day moving average is C$0.34. The stock has a market capitalization of C$41.59 million, a PE ratio of -4.36 and a beta of -0.07. The company has a debt-to-equity ratio of 1,058.24, a current ratio of 0.39 and a quick ratio of 1.88.

Titan Mining (TSE:TI) last announced its quarterly earnings results on Thursday, March 21st. The company reported C($0.07) earnings per share (EPS) for the quarter. Titan Mining had a negative return on equity of 247.73% and a negative net margin of 19.60%. The firm had revenue of C$14.86 million for the quarter. As a group, equities analysts predict that Titan Mining Co. will post 0.0145949 earnings per share for the current fiscal year.

About Titan Mining

Titan Mining Corporation acquires, explores, develops, and extracts mineral properties. It primarily explores for zinc. The company's principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the New York, the United States. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016.