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Titan Mining Q2 Earnings, Revenue, Advance, Beat Estimates

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Titan Mining (TI.TO), up 13% on last look, said second-quarter net income advanced to $0.06 per share, from nil per share, in the prior-year period.

Analysts polled by FactSet had expected a loss of $0.02 per share.

Quarterly revenue jumped 57% to $25.7 million, over the same period, and above the $18.3 million forecast.

Titan Mining reported quarterly zinc production increased 13% year over year, to 17.5 million payable pounds, and was 23%higher than the first quarter.

The company remains on track for achieving 62-million to 66-million payable zinc pounds for fiscal 2026.

"Titan delivered a record quarter. Revenue grew 57% and Adjusted EBITDA nearly quadrupled year-over-year, reflecting the strength of our zinc operations. We have continued to advance our Kilbourne graphite project by securing two graphite customer agreements, validating Kilbourne and launching our commercial order book," said Chief Executive Rita Adiani.

Titan Mining shares were last seen up C$0.48, or 15%, to C$3.75 on the Toronto Stock Exchange.

Price: $3.78, Change: $+0.48, Percent Change: +14.55%

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