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