Update: Titan Mining Up Nearly 5% as It Swings to Q1 Profit as Revenue Rises 37%-January 2024-www.financetom.com

Update: Titan Mining Up Nearly 5% as It Swings to Q1 Profit as Revenue Rises 37%

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Update: Titan Mining Up Nearly 5% as It Swings to Q1 Profit as Revenue Rises 37%

May 26, 2025 7:54 AM

11:49 AM EDT, 05/14/2025 (MT Newswires) -- (Updates shares.)

Titan Mining ( TIMCF ) on Wednesday said it swung to a first-quarter profit as revenue grew by 37%.

Net income came in at US$0.35 million, or nil per share, swinging from a loss of US$2.6 million, or US$0.02 per share. Revenue rose to US$16 million from US$11.7 million.

The company produced 15.4 million pounds of payable zinc, up 5% from 14.7 million pounds.

"With zinc operations delivering robust cash flow and our graphite project advancing rapidly, we are executing on our dual-commodity growth plan and positioning Titan as a reliable U.S. supplier of critical minerals," said Titan President Rita Adiani.

Titan shares were last seen up $0.03 to $0.64 on the Toronto Stock Exchange.

Price: 0.64, Change: +0.03, Percent Change: +4.92

Previous page： Pakistan's national carrier resorts to flight cancellation owing to non-payment of dues Next page： IMF warns Europe against prematurely declaring victory over inflation

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Pakistan's national carrier resorts to flight cancellation owing to non-payment of dues

Oct 23, 2023

The airline, which was once considered the pride of Pakistan and was the first international airline to be given access to fly to Beijing, is said to be suffering millions in losses on a daily basis.

IMF warns Europe against prematurely declaring victory over inflation

Nov 8, 2023

The Washington-based IMF said that cost of underestimating inflation’s persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth.

Mahindra, Volvo among corporations pushing for fossil fuel exit at COP28

Oct 23, 2023

Companies are increasingly committing to their own timelines for reducing their emissions, but many acknowledge that their ability to slow planet-warming CO2 emissions is contingent on faster action from governments.

This bank will cut bonus if employees don't come back to work

Nov 22, 2023

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.