Telson Mining (CVE:TSN) Trading Up 1.5% – Should You Buy?

Shares of Telson Mining Co. (CVE:TSN) shot up 1.5% during trading on Wednesday . The stock traded as high as C$0.67 and last traded at C$0.67. 4,200 shares traded hands during mid-day 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 stock 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 current ratio of 0.34 and a quick ratio of 0.23. The stock’s 50 day simple moving average is C$0.67 and its two-hundred day simple moving average is 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.