Titan Mining (TSE:TI) Trading 9.3% Higher

Titan Mining Co. (TSE:TI) traded up 9.3% during trading on Wednesday . The company traded as high as C$0.24 and last traded at C$0.24. 1,000 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 27,382 shares. The stock had previously closed at C$0.22.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their target price on shares of Titan Mining from C$0.40 to C$0.25 in a research report on Monday, July 22nd.

Titan Mining Price Performance

The firm has a market cap of C$30.00 million, a price-to-earnings ratio of -3.00 and a beta of 0.02. The company has a quick ratio of 1.88, a current ratio of 0.51 and a debt-to-equity ratio of 1,058.24. The company’s 50-day moving average price is C$0.22 and its 200-day moving average price is C$0.27.

About Titan Mining

Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, 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 Balmat Edwards mining district in northern New York.