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

Shares of Telson Mining Co. (CVE:TSN) traded up 1.5% on Wednesday . The company traded as high as C$0.67 and last traded at C$0.67. 4,200 shares traded hands during trading, a decline of 97% from the average session volume of 136,603 shares. The stock had previously closed at C$0.66.

Telson Mining Price Performance

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 firm has a market cap of C$167.95 million and a P/E ratio of -15.23. The business has a 50-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.