Quarterly ResultMay 12, 2026, 07:32 PM
Titan Mining Q1 Revenue $19.6M (+22%); Adj. EBITDA $3.9M
AI Summary
Titan Mining Corporation reported strong financial and operating performance for Q1 2026, with revenues increasing 22% to $19.6 million and Adjusted EBITDA reaching $3.9 million. The company also commenced initial shipments from its end-to-end domestic graphite project and advanced evaluation work for potential germanium recovery from existing process streams. These developments position Titan as a key supplier of critical minerals for the U.S. supply chain.
Key Highlights
- Q1 2026 Revenue: $19.6 million, a 22% increase from Q1 2025.
- Q1 2026 Adjusted EBITDA: $3.9 million.
- Q1 2026 Zinc production: 14.2 million payable pounds.
- Cash balance at quarter-end: $13.8 million, up 13% from Q1 2025.
- Kilbourne Graphite Project commenced initial graphite concentrate shipments in Q1 2026.
- Germanium identified within existing process streams at Empire State Mines for recovery potential.
- Graphite exploration extended mineralization 2,500 feet beyond current resource boundary.