Despite an already strong run, Titan Mining Corporation (TSE:TI) shares have been powering on, with a gain of 27% in the last thirty days. This latest share price bounce rounds out a remarkable 493% gain over the last twelve months.
Even after such a large jump in price, Titan Mining may still look like a strong buying opportunity at present with its price-to-sales (or “P/S”) ratio of 2.4x, considering almost half of all companies in the Metals and Mining industry in Canada have P/S ratios greater than 5.5x and even P/S higher than 36x aren’t out of the ordinary. However, the P/S might be quite low for a reason and it requires further investigation to determine if it’s justified.
View our latest analysis for Titan Mining
