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

Telson Mining Co. (CVE:TSN) shares rose 1.5% on Tuesday . The company 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 Trading Up 1.5 %

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

About Telson Mining

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.