Titan Mining (NYSEAMERICAN:TII) Price Target Raised to $6.75 at HC Wainwright

Titan Mining (NYSEAMERICAN:TII) had its target price raised by HC Wainwright from $6.50 to $6.75 in a research note published on Thursday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Separately, Zacks Research upgraded Titan Mining to a “hold” rating in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $6.75.

Titan Mining Trading Down 9.8%

Shares of TII stock opened at $2.75 on Thursday. Titan Mining has a 1-year low of $0.30 and a 1-year high of $5.65. The stock’s fifty day simple moving average is $3.93.

Institutional Investors Weigh In On Titan Mining

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Alyeska Investment Group L.P. purchased a new stake in shares of Titan Mining during the fourth quarter valued at $19,643,000. NewGen Asset Management Ltd purchased a new position in Titan Mining in the 4th quarter worth $1,052,000. DLD Asset Management LP acquired a new stake in Titan Mining during the 4th quarter worth about $296,000. Quadrature Capital Ltd acquired a new stake in Titan Mining during the 4th quarter worth about $211,000. Finally, Jane Street Group LLC purchased a new stake in Titan Mining during the 4th quarter valued at about $115,000.

About Titan Mining

Titan Mining Corporation, a natural resource company, acquires, explores, develops, produces, and extracts mineral properties. The company explores for zinc and graphite, as well as iron-oxide copper gold deposits. Its principal asset is the Empire State Mine project covering an area of approximately 80,000 acres located in the Balmat– Edwards mining district in northern New York. The company was formerly known as Triton Mining Corporation and changed its name to Titan Mining Corporation in November 2016.