Telson Mining (CVE:TSN) Trading 1.5% Higher – Here’s Why

Telson Mining Co. (CVE:TSN) was up 1.5% on Wednesday . The stock traded as high as C$0.67 and last traded at C$0.67. Approximately 4,200 shares were traded 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 Stock Up 1.5 %

The company has a current ratio of 0.34, a quick ratio of 0.23 and a debt-to-equity ratio of 1,655.21. The stock’s fifty day moving average is C$0.67 and its two-hundred day moving average is C$0.67. The company has a market capitalization of C$167.95 million and a PE ratio of -15.23.

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.