Telson Mining (CVE:TSN) Trading Up 1.5% – What’s Next?

Telson Mining Co. (CVE:TSN)’s share price rose 1.5% during mid-day trading on Tuesday . The stock traded as high as C$0.67 and last traded at C$0.67. Approximately 4,200 shares traded hands during trading, a decline of 97% from the average daily volume of 136,603 shares. The stock had previously closed at C$0.66.

Telson Mining Stock Performance

The stock has a market capitalization of C$167.95 million and a price-to-earnings ratio of -15.23. The company’s fifty day simple moving average is C$0.67 and its 200 day simple moving average is C$0.67. The company has a quick ratio of 0.23, a current ratio of 0.34 and a debt-to-equity ratio of 1,655.21.

Telson Mining Company Profile

Telson Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Campo Morado mine consisting of six mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico; and the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in Durango State, Mexico.