HC Wainwright assumed coverage on shares of Titan Mining (NYSEAMERICAN:TII – Free Report) in a research report sent to investors on Friday morning, MarketBeat reports. The firm issued a buy rating and a $6.50 price target on the stock.
Titan Mining Price Performance
Shares of TII stock opened at $3.93 on Friday. Titan Mining has a 1-year low of $0.25 and a 1-year high of $5.65.
Institutional Trading of Titan Mining
An institutional investor recently bought a new stake in Titan Mining stock. AlphaCore Capital LLC bought a new position in Titan Mining Corporation (NYSEAMERICAN:TII – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 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.
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