Titan Mining Reports Q3 Revenue Growth and Significant EBITDA Increase
Titan Mining (TII) reported third-quarter revenue of $22.6 million, representing a 34.5% increase year-over-year, though the figure slightly missed analyst expectations by $0.32 million. Despite the revenue miss, the company saw a substantial surge in profitability, with adjusted EBITDA rising 111% to $6.2 million compared to $2.9 million in the same period last year. The company's nine-month adjusted EBITDA reached $19.8 million, marking a 146% increase year-over-year. Zinc production for the quarter stood at 13.7 million payable pounds. Based on these results, Titan Mining has reaffirmed its financial outlook for fiscal year 2026.
Tickers: $TII