Titan Mining Q3 revenue doubles on higher zinc production

Titan Mining

05/11/2025 11:15

Overview

Titan Mining Q3 revenue rose 102% yr/yr, reflecting strong operational performance

Zinc production increased over 76% from Q3 2024, reaching 14.6 mln payable lbs

Company secured $15.8 mln US EXIM Bank credit facility for expansion

Outlook

Company plans to resume N2D zone production in Q1 2026

Result Drivers

ZINC PRODUCTION - Co reports 76% increase in zinc production from Q3 2024, reaching 14.6 mln payable lbs

COST MANAGEMENT - C1 cash costs decreased by 23% YoY, contributing to improved financial performance

GRAPHITE PROJECT - Independent testing confirms Kilbourne graphite meets battery-grade specifications, with facility commissioning underway

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$16.78 mln
Q3 Adjusted Operating Cash Flow
$2.15 mln
Q3 Basic EPS
Q3 Net Debt
$25.10 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."

The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nGNX9Jd9Vs

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(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.)