Titanium (CVE:TIC) Shares Down 5%

Titanium Co. Inc. (CVE:TIC)’s share price traded down 5% during trading on Friday . The stock traded as low as C$0.57 and last traded at C$0.57, 3,500 shares traded hands during mid-day trading. A decline of 82% from the average session volume of 19,689 shares. The stock had previously closed at C$0.60.

The firm has a market cap of $59.07 million and a price-to-earnings ratio of -142.50. The business’s 50 day moving average price is C$0.66 and its 200 day moving average price is C$0.70.

About Titanium (CVE:TIC)

Titanium Corporation Inc is a Canada-based development-stage company. The Company is engaged in researching and developing a separation process for the recovery of heavy minerals and bitumen from oil sands froth treatment tailings. The Company has developed Creating Value from Waste (CVW) technologies that recover valuable heavy minerals, bitumen, solvent and water from oil sands waste tailings.

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