Telson Mining Co. (CVE:TSN – Get Free Report) shares rose 1.5% during trading on Thursday . The company traded as high as C$0.67 and last traded at C$0.67. Approximately 4,200 shares traded hands during trading, a decline of 97% from the average daily volume of 136,603 shares. The stock had previously closed at C$0.66.
Telson Mining Stock Performance
The stock has a 50 day simple moving average of C$0.67 and a 200 day simple moving average of C$0.67. The company has a market cap of C$167.95 million and a price-to-earnings ratio of -15.23. The company has a quick ratio of 0.23, a current ratio of 0.34 and a debt-to-equity ratio of 1,655.21.
About Telson Mining
Telson Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Campo Morado mine consisting of six mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico; and the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in Durango State, Mexico.
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