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

Titan Mining Co. (TSE:TIGet Free Report) shares were down 3.7% during mid-day trading on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 12,200 shares were traded 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 company has a debt-to-equity ratio of 1,058.24, a current ratio of 0.51 and a quick ratio of 1.88. The firm has a 50-day moving average of C$0.28 and a 200 day moving average of C$0.26. The stock has a market capitalization of C$35.46 million, a price-to-earnings ratio of -3.71 and a beta of 0.05.

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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