Titan Mining (TSE:TI) Price Target Cut to C$0.35 by Analysts at National Bank Financial
Titan Mining (TSE:TI) had its price target reduced by National Bank Financial from C$0.50 to C$0.35 in a research note released on Thursday, BayStreet.CA reports. They currently have a sector perform rating on the stock.
Separately, TD Securities dropped their price objective on shares of Titan Mining from C$0.80 to C$0.45 and set a hold rating on the stock in a research note on Friday, July 5th.
Shares of Titan Mining stock remained flat at $C$0.30 during trading on Thursday. 103,000 shares of the stock were exchanged, compared to its average volume of 48,601. The stock has a fifty day moving average price of C$0.39 and a 200-day moving average price of C$0.48. The company has a market capitalization of $31.49 million and a price-to-earnings ratio of -1.76. Titan Mining has a fifty-two week low of C$0.29 and a fifty-two week high of C$1.40. The company has a debt-to-equity ratio of 122.28, a quick ratio of 0.22 and a current ratio of 0.59.
About Titan Mining
Titan Mining Corporation, a natural resources company, engages in the acquisition, exploration, and development of mineral properties. It explores for zinc ores and base metals. The company's principal asset is the Empire State Mine project that is located in Northern New York State, the United States.
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