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

Shares of Telson Mining Co. (CVE:TSNGet Free Report) were 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 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 Price Performance

The company has a debt-to-equity ratio of 1,655.21, a current ratio of 0.34 and a quick ratio of 0.23. The company’s 50-day moving average is C$0.67 and its 200-day moving average is C$0.67. The firm has a market capitalization of C$167.95 million and a price-to-earnings ratio of -15.23.

About Telson Mining

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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.

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