Telson Mining Corp (CVE:TSN) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.21 and last traded at C$0.22, with a volume of 108020 shares. The stock had previously closed at C$0.28.

The business’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.35. The company has a current ratio of 0.38, a quick ratio of 0.23 and a debt-to-equity ratio of 503.12. The company has a market cap of $41.87 million and a price-to-earnings ratio of -6.00.

Telson Mining Company Profile (CVE:TSN)

Telson Mining Corporation engages in acquisition, exploration, and development of mineral resource projects in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds interest in the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in northwestern Durango State, Mexico; and the Campo Morado mine consisting of 6 mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico.

Further Reading: Return on Equity (ROE)

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