Key Points
- Titan Mining Director Rita Adiani purchased 7,692 shares at an average price of C$2.71, investing C$20,845.32 and increasing her direct ownership by 2.31% to 340,285 shares.
- Titan Mining shares opened at C$2.86, with a market capitalization of approximately C$281.1 million and a 52-week trading range of C$2.46 to C$7.75.
- The company reported C$36.52 million in quarterly revenue and C$0.07 in earnings per share, but continues to post negative profitability metrics, including a 67.15% negative return on equity and a 10.58% negative net margin.
Titan Mining Co. (TSE:TI - Get Free Report) Director Rita Adiani bought 7,692 shares of the business's stock in a transaction that occurred on Tuesday, October 27th. The stock was bought at an average price of C$2.71 per share, with a total value of C$20,845.32. Following the completion of the transaction, the director directly owned 340,285 shares of the company's stock, valued at C$922,172.35. This represents a 2.31% increase in their position.
Titan Mining Stock Up 0.7%
TI opened at C$2.86 on Thursday. The stock has a market cap of C$281.10 million, a PE ratio of -31.78 and a beta of -0.85. The company has a quick ratio of 1.88, a current ratio of 1.82 and a debt-to-equity ratio of 101.66. Titan Mining Co. has a 52 week low of C$2.46 and a 52 week high of C$7.75. The business's fifty day simple moving average is C$3.63 and its 200 day simple moving average is C$3.89.
Titan Mining (TSE:TI - Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.07 earnings per share for the quarter. Titan Mining had a negative return on equity of 67.15% and a negative net margin of 10.58%. The business had revenue of C$36.52 million for the quarter. As a group, research analysts expect that Titan Mining Co. will post 0.01 earnings per share for the current fiscal year.
Titan Mining Company Profile
(
Get Free Report)
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York State. Titan is also the United States' first end-to-end producer of natural flake graphite in 70 years and is advancing graphite and germanium initiatives to strengthen domestic critical minerals supply chains. The Company has also received support from the U.S. Export-Import Bank (EXIM) under its Make More in America Initiative. Titan's goal is to deliver shareholder value through operational excellence, development, and exploration.
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