Zacks Research upgraded shares of Titan Mining (NYSEAMERICAN:TII – Free Report) to a hold rating in a report released on Tuesday morning,Zacks.com reports.
Separately, HC Wainwright started coverage on Titan Mining in a research report on Friday, February 6th. They issued a “buy” rating and a $6.50 price target for the company. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $6.50.
Titan Mining Stock Down 6.1%
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Thoroughbred Financial Services LLC purchased a new stake in shares of Titan Mining during the 4th quarter valued at $35,000. HighTower Advisors LLC purchased a new position in shares of Titan Mining in the 4th quarter worth about $51,000. Commonwealth Equity Services LLC bought a new position in Titan Mining during the fourth quarter valued at about $56,000. Hillsdale Investment Management Inc. purchased a new stake in Titan Mining during the fourth quarter worth about $78,000. Finally, Goldman Sachs Group Inc. purchased a new stake in Titan Mining during the fourth quarter worth about $84,000.
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.
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