Titan Mining (TSE:TI) Sets New 52-Week High – Still a Buy?

Titan Mining Co. (TSE:TIGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.43 and last traded at C$0.39, with a volume of 438201 shares changing hands. The stock had previously closed at C$0.42.

Titan Mining Trading Down 3.9 %

The company has a 50-day simple moving average of C$0.29 and a 200 day simple moving average of C$0.29. The company has a market capitalization of C$35.47 million, a P/E ratio of -2.99 and a beta of 0.05. The company has a debt-to-equity ratio of -296.52, a quick ratio of 1.88 and a current ratio of 0.46.

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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