Toachi Mining (TIM) Trading Down 16.7%

Toachi Mining Inc (CVE:TIM) fell 16.7% during trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. 105,000 shares were traded during mid-day trading, a decline of 7% from the average session volume of 112,358 shares. The stock had previously closed at C$0.06.

The company has a quick ratio of 0.37, a current ratio of 0.39 and a debt-to-equity ratio of 4.03. The stock has a market capitalization of $4.87 million and a P/E ratio of -0.69.

Toachi Mining (CVE:TIM) last released its quarterly earnings data on Friday, March 22nd. The company reported C($0.04) EPS for the quarter.

TRADEMARK VIOLATION WARNING: This article was published by WKRB News and is owned by of WKRB News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.wkrb13.com/2019/05/15/toachi-mining-tim-trading-down-16-7.html.

Toachi Mining Company Profile (CVE:TIM)

Toachi Mining Inc engages in the mineral exploration activities. It holds an option to acquire 60% to 75% interest in the La Plata gold-rich copper-zinc-silver-lead volcanogenic massive sulphide project located to the southwest of Quito, Ecuador. The company was formerly known as Ferrum Americas Mining Inc and changed its name to Toachi Mining Inc in March 2016.

See Also: Diversification in Investing

Receive News & Ratings for Toachi Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toachi Mining and related companies with MarketBeat.com's FREE daily email newsletter.