Titan Mining (TSE:TI) Stock Price Up 17% – Should You Buy?

Titan Mining Co. (TSE:TI)’s share price traded up 17% during mid-day trading on Wednesday . The stock traded as high as C$3.93 and last traded at C$3.86. Approximately 130,262 shares were traded during mid-day trading, an increase of 9% from the average session volume of 119,496 shares. The stock had previously closed at C$3.30.

Titan Mining Price Performance

The company has a debt-to-equity ratio of 143.91, a current ratio of 1.48 and a quick ratio of 1.88. The firm’s 50 day moving average is C$3.06 and its 200 day moving average is C$3.91. The firm has a market cap of C$369.56 million, a P/E ratio of -26.86 and a beta of -0.99.

Titan Mining (TSE:TI) last announced its earnings results on Tuesday, May 12th. The company reported C($0.19) earnings per share for the quarter. Titan Mining had a negative net margin of 17.91% and a negative return on equity of 174.98%. The business had revenue of C$27.24 million for the quarter. As a group, analysts anticipate that Titan Mining Co. will post 0.0145949 earnings per share for the current year.

About Titan Mining

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York State. Titan is also the United States’ first end-to-end producer of natural flake graphite in 70 years and is advancing graphite and germanium initiatives to strengthen domestic critical minerals supply chains. The Company has also received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative. Titan’s goal is to deliver shareholder value through operational excellence, development, and exploration.