Earnings ·
Titan Mining Corporation filed its unaudited interim financial statements for the three and six months ended June 30…
TIMCDTitan Mining Corp
Titan Mining Corporation filed its unaudited interim financial statements for the three and six months ended June 30, 2026. Revenue increased 40% year-over-year to $45.3 million, driven by higher zinc prices and sales volume. The company reported a net loss of $7.96 million, primarily due to a non-cash fair value loss of $10.5 million on liability-classified special warrants issued in December 2025. Adjusted EBITDA rose to $13.6 million from $5.1 million in the prior year period. The company raised $2.04 million net through an At-the-Market equity offering and exercised special warrants for $27.9 million. Titan operates as a natural resources company engaged in the acquisition, exploration, development, production, and sale of zinc concentrate and natural flake graphite.