Titan Mining (TSE:TI) Stock Price Down 3.7% – Here’s What Happened

Titan Mining Co. (TSE:TIGet Free Report)’s share price was down 3.7% during mid-day trading on Friday . The company traded as low as C$0.26 and last traded at C$0.26. Approximately 12,200 shares changed hands during trading, a decline of 83% from the average daily volume of 70,308 shares. The stock had previously closed at C$0.27.

Titan Mining Stock Down 3.7 %

The firm’s 50 day simple moving average is C$0.28 and its 200 day simple moving average is C$0.26. The company has a market cap of C$35.46 million, a price-to-earnings ratio of -3.71 and a beta of 0.05. 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.

About Titan Mining

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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.

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