Titan Mining (TI) Hits New 12-Month Low at $0.70

Titan Mining Corp (TSE:TI)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.70 and last traded at C$0.71, with a volume of 48500 shares traded. The stock had previously closed at C$0.75.

A number of brokerages have weighed in on TI. National Bank Financial decreased their target price on Titan Mining from C$1.60 to C$1.50 and set an “outperform” rating for the company in a research report on Friday, November 16th. TD Securities lowered Titan Mining from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$2.00 to C$1.25 in a research report on Friday, February 22nd.

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The company has a debt-to-equity ratio of 15.41, a current ratio of 0.37 and a quick ratio of 0.13. The stock has a market capitalization of $76.48 million and a price-to-earnings ratio of -5.26.

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Titan Mining Company Profile (TSE:TI)

Titan Mining Corporation, a natural resources company, engages in the acquisition, exploration, and development of mineral properties. The company explores for zinc ores and base metals. Its principal asset is the Empire State Mine project that is located in Northern New York State, the United States.

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