TSX:TI

Stock Analysis Report

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Executive Summary

Titan Mining Corporation, a natural resources company, acquires, explores, and develops mineral properties. More Details


Snowflake Analysis

Slightly overvalued with limited growth.

Share Price & News

How has Titan Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.9%

TI

-0.9%

CA Metals and Mining

-1.0%

CA Market


1 Year Return

222.0%

TI

54.1%

CA Metals and Mining

-4.3%

CA Market

Return vs Industry: TI exceeded the Canadian Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: TI exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

TIIndustryMarket
7 Day-5.9%-0.9%-1.0%
30 Day33.8%-1.2%1.3%
90 Day375.0%-1.2%1.9%
1 Year222.0%222.0%55.3%54.1%-0.9%-4.3%
3 Year-26.9%-26.9%58.2%55.1%6.4%-4.0%
5 Yearn/a151.2%143.4%33.3%12.8%

Price Volatility Vs. Market

How volatile is Titan Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Titan Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TI (CA$0.95) is trading below our estimate of fair value (CA$3.05)

Significantly Below Fair Value: TI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TI is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: TI is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TI is overvalued based on its PB Ratio (5.7x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is Titan Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

64.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TI's revenue (22.8% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: TI's revenue (22.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Titan Mining performed over the past 5 years?

-28.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TI is currently unprofitable.

Growing Profit Margin: TI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TI is unprofitable, and losses have increased over the past 5 years at a rate of 28.8% per year.

Accelerating Growth: Unable to compare TI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).


Return on Equity

High ROE: TI has a negative Return on Equity (-101.3%), as it is currently unprofitable.


Next Steps

Financial Health

How is Titan Mining's financial position?


Financial Position Analysis

Short Term Liabilities: TI's short term assets ($4.8M) do not cover its short term liabilities ($38.8M).

Long Term Liabilities: TI's short term assets ($4.8M) do not cover its long term liabilities ($19.7M).


Debt to Equity History and Analysis

Debt Level: TI's debt to equity ratio (240%) is considered high.

Reducing Debt: Insufficient data to determine if TI's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: Insufficient data to determine if TI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Titan Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Don Taylor

2.08yrs

Tenure

US$242,483

Compensation

Mr. Donald Richard Taylor, also known as Don, MSc, P.G., SME, is a Non-Executive Director at Solaris Resources Inc. since January 2, 2020. Mr. Taylor has been Chief Executive Officer of Titan Mining Corpor ...


CEO Compensation Analysis

Compensation vs Market: Don's total compensation ($USD242.48K) is above average for companies of similar size in the Canadian market ($USD171.43K).

Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Richard Warke
Executive Chairman3.33yrsUS$226.09k42.16%
$ 66.8m
Donald Taylor
CEO & Director2.08yrsUS$242.48kno data
Purni Parikh
President & Director3.75yrsUS$180.17k1.39%
$ 2.2m
Michael McClelland
Chief Financial Officer2.58yrsUS$162.03k0.015%
$ 23.7k
Kevin Torpy
Vice President of Operations2yrsUS$310.00k0.024%
$ 38.0k
Steven Burkett
Vice President of Exploration2.58yrsno datano data
Susy Horna
Corporate Secretary2.92yrsno data0.0093%
$ 14.7k

2.3yrs

Average Tenure

Experienced Management: TI's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Warke
Executive Chairman3.33yrsUS$226.09k42.16%
$ 66.8m
Donald Taylor
CEO & Director2.08yrsUS$242.48kno data
Purni Parikh
President & Director3.75yrsUS$180.17k1.39%
$ 2.2m
James Gowans
Independent Director2yrsUS$29.09k0.55%
$ 869.3k
William Mulrow
Independent Director2yrsUS$30.90kno data
Lenard Boggio
Lead Independent Director2.75yrsUS$33.16k0.080%
$ 127.3k
George Pataki
Independent Director3.33yrsUS$26.38kno data
John Boehner
Independent Director2yrsUS$26.38kno data

2.5yrs

Average Tenure

65yo

Average Age

Experienced Board: TI's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.6%.


Top Shareholders

Company Information

Titan Mining Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Titan Mining Corporation
  • Ticker: TI
  • Exchange: TSX
  • Founded: 2012
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$158.410m
  • Shares outstanding: 166.75m
  • Website: https://www.titanminingcorp.com

Number of Employees


Location

  • Titan Mining Corporation
  • 999 Canada Place
  • Suite 555
  • Vancouver
  • British Columbia
  • V6C 3E1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TITSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 2017
3T0DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2017
TNMC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2017

Biography

Titan Mining Corporation, a natural resources company, acquires, explores, and develops mineral properties. It explores for zinc ores and base metals. The company’s principal asset is the Empire State Mine ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:37
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.