HC Wainwright Begins Coverage on Titan Mining (NYSEAMERICAN:TII)

Research analysts at HC Wainwright assumed coverage on shares of Titan Mining (NYSEAMERICAN:TII) in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The firm set a “buy” rating and a $6.50 price target on the stock. HC Wainwright’s price target would suggest a potential upside of 65.39% from the stock’s previous close.

Titan Mining Price Performance

Shares of NYSEAMERICAN:TII opened at $3.93 on Friday. Titan Mining has a 12-month low of $0.25 and a 12-month high of $5.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Titan Mining stock. AlphaCore Capital LLC acquired a new position in Titan Mining Corporation (NYSEAMERICAN:TII) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 33,333 shares of the company’s stock, valued at approximately $99,000.

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.