Telson Mining (CVE:TSN) Shares Up 1.5% – Here’s Why

Telson Mining Co. (CVE:TSN)’s stock price rose 1.5% during mid-day trading on Wednesday . The stock traded as high as C$0.67 and last traded at C$0.67. Approximately 4,200 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 136,603 shares. The stock had previously closed at C$0.66.

Telson Mining Trading Up 1.5 %

The company has a quick ratio of 0.23, a current ratio of 0.34 and a debt-to-equity ratio of 1,655.21. The company has a market cap of C$167.95 million and a price-to-earnings ratio of -15.23. The business has a fifty day simple moving average of C$0.67 and a 200 day simple moving average of C$0.67.

Telson Mining Company Profile

Telson Mining Corporation engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It holds 100% interests in the Campo Morado mine consisting of six mining concessions covering an area of approximately 12,045 hectares located in Guerrero state, Mexico; and the Tahuehueto project comprising 28 mining concessions covering an area of 7,492 hectares located in Durango State, Mexico.