Overview
* Titan Mining ( TIMCF ) Q2 zinc production up 7% yr/yr, revenue at $16.3 mln
* Company reduced net debt by 21% from Q2 2024
* Graphite facility construction underway, commissioning expected Q4 2025
Outlook
* Titan expects graphite facility commissioning in Q4 2025
* Company aims to ramp N2D production to 500 tons per day in Q3
* Titan to become first integrated U.S. graphite producer in 70 years
* Company positions as multi-commodity supplier of critical minerals
Result Drivers
* ZINC PRODUCTION - 7% increase in zinc production driven by high-grade ore from Lower Mahler zone and N2D zone initiation
* FINANCING - $15.8 mln EXIM Bank loan secured, supporting dual-commodity strategy
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $16.34
Revenue mln
Q2 $2.36
Adjusted mln
Operatin
g Cash
Flow
Q2 Basic
EPS
Q2 Net $24.20
Debt mln
Analyst Coverage
* The one available analyst rating on the shares is "hold"
* The average consensus recommendation for the specialty mining & metals peer group is "buy."
* Wall Street's median 12-month price target for Titan Mining Corp ( TIMCF ) is C$0.35, about 257.1% below its August 11 closing price of C$1.25
* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)