In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Titan Mining Corporation (TI). Yesterday, analyst Dalton Baretto gave a Hold rating to TI and set a C$0.45 price target.
According to TipRanks.com, Baretto is a 3-star analyst with an average return of 1.5% and a 42.0% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, First Quantum Minerals Ltd, and Teck Resources Limited.
Titan Mining Corporation has an analyst consensus of Hold, with a price target consensus of C$0.43, representing a -3.4% downside. In a report issued on May 15, Scotiabank also reiterated a Hold rating on the stock with a C$0.40 price target.
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The company has a one-year high of C$1.50 and a one-year low of C$0.41. Currently, Titan Mining Corporation has an average volume of 36.89K.
Titan Mining Corp. is a zinc exploration and development company. Its principal business activities include the acquisition, exploration and development of mineral properties. It holds interest in Empire State Mine project. The company was founded on October 15, 2012 and is headquartered in Vancouver, Canada.
The company’s shares closed on Wednesday at C$0.45, close to its 52-week low of C$0.41.
