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Titanium

TSXV:TIC
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TIC
TSXV
CA$66M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Titanium Corporation Inc. develops technologies for the recovery of heavy minerals and bitumen in Canada. The last earnings update was 328 days ago. More info.


Add to Portfolio Compare Print
  • Titanium has significant price volatility in the past 3 months.
TIC Share Price and Events
7 Day Returns
63.3%
TSXV:TIC
-1.5%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-8%
TSXV:TIC
-7%
CA Metals and Mining
1.2%
CA Market
TIC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Titanium (TIC) 63.3% 45.5% 60% -8% 97.5% -14%
CA Metals and Mining -1.5% 1.3% 9.8% -7% 6.9% -22.5%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • TIC underperformed the Metals and Mining industry which returned -7% over the past year.
  • TIC underperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
TIC
Industry
5yr Volatility vs Market

TIC Value

 Is Titanium undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Titanium. This is due to cash flow or dividend data being unavailable. The share price is CA$0.8.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Titanium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Titanium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:TIC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2017-12-31) in CAD CA$-0.05
TSXV:TIC Share Price ** TSXV (2019-03-19) in CAD CA$0.8
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.44x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Titanium.

TSXV:TIC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:TIC Share Price ÷ EPS (both in CAD)

= 0.8 ÷ -0.05

-14.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Titanium is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Titanium is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Titanium's expected growth come at a high price?
Raw Data
TSXV:TIC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Titanium, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Titanium's assets?
Raw Data
TSXV:TIC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2017-12-31) in CAD CA$0.05
TSXV:TIC Share Price * TSXV (2019-03-19) in CAD CA$0.8
Canada Metals and Mining Industry PB Ratio Median Figure of 1,079 Publicly-Listed Metals and Mining Companies 1.42x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:TIC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:TIC Share Price ÷ Book Value per Share (both in CAD)

= 0.8 ÷ 0.05

14.68x

* Primary Listing of Titanium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Titanium is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Titanium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Titanium has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TIC Future Performance

 How is Titanium expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Titanium has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Titanium expected to grow at an attractive rate?
  • Unable to compare Titanium's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Titanium's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Titanium's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:TIC Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:TIC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:TIC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2017-12-31 -3 -4
2017-11-30 -2 -3
2017-08-31 -2 -3
2017-05-31 -2 -3
2017-02-28 -2 -3
2016-11-30 -2 -3
2016-08-31 -2 -3
2016-05-31 -2 -3
2016-02-29 -2 -3
2015-11-30 -2 -3
2015-08-31 -2 -2
2015-05-31 -2 -2
2015-02-28 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Titanium is high growth as no earnings estimate data is available.
  • Unable to determine if Titanium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:TIC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Titanium Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TIC Past Financials Data
Date (Data in CAD Millions) EPS *
2017-12-31 -0.05
2017-11-30 -0.04
2017-08-31 -0.04
2017-05-31 -0.04
2017-02-28 -0.05
2016-11-30 -0.05
2016-08-31 -0.04
2016-05-31 -0.04
2016-02-29 -0.04
2015-11-30 -0.04
2015-08-31 -0.04
2015-05-31 -0.04
2015-02-28 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Titanium will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Titanium's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Titanium's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Titanium's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Titanium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Titanium has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TIC Past Performance

  How has Titanium performed over the past 5 years?

  • Titanium's last earnings update was 328 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Titanium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Titanium does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Titanium's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Titanium's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Titanium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Titanium Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:TIC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2017-12-31 -4.36 2.40 2.02
2017-11-30 -3.11 2.00 0.86
2017-08-31 -3.03 1.85 0.83
2017-05-31 -3.08 1.83 0.77
2017-02-28 -3.22 1.88 0.74
2016-11-30 -3.08 1.88 0.77
2016-08-31 -2.93 1.86 0.70
2016-05-31 -2.81 1.81 0.76
2016-02-29 -2.54 1.67 0.73
2015-11-30 -2.53 1.75 0.74
2015-08-31 -2.46 1.74 0.73
2015-05-31 -2.36 1.72 0.65
2015-02-28 -2.51 1.89 0.64
2014-11-30 -2.77 2.01 0.78
2014-08-31 -2.99 2.06 0.96
2014-05-31 -2.84 2.10 0.77
2014-02-28 -3.66 2.38 1.41
2013-11-30 -3.78 2.25 1.66
2013-08-31 -4.34 2.27 2.22
2013-05-31 -4.41 2.26 2.31
2013-02-28 -3.38 2.08 1.39
2012-11-30 -2.88 1.68 1.30
2012-08-31 -2.88 2.09 0.90
2012-05-31 -4.14 2.53 1.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Titanium has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Titanium has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Titanium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Titanium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Titanium has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TIC Health

 How is Titanium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Titanium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Titanium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Titanium has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Titanium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Titanium has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Titanium Company Filings, last reported 1 year ago.

TSXV:TIC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2017-12-31 4.39 0.00 5.04
2017-11-30 4.84 0.00 5.46
2017-08-31 3.98 0.00 4.36
2017-05-31 4.34 0.00 4.77
2017-02-28 4.81 0.00 5.08
2016-11-30 -1.03 0.74 0.21
2016-08-31 -0.53 0.66 0.59
2016-05-31 0.00 0.50 0.55
2016-02-29 0.53 0.50 0.89
2015-11-30 0.93 0.00 1.03
2015-08-31 -0.08 0.00 0.88
2015-05-31 0.58 0.00 1.19
2015-02-28 1.10 0.00 1.61
2014-11-30 1.85 0.00 2.22
2014-08-31 2.36 0.00 2.61
2014-05-31 2.88 0.00 2.97
2014-02-28 3.49 0.00 2.89
2013-11-30 4.06 0.00 3.67
2013-08-31 4.72 0.00 4.13
2013-05-31 4.94 0.00 5.31
2013-02-28 6.34 0.00 6.66
2012-11-30 7.46 0.00 8.26
2012-08-31 8.76 0.00 8.39
2012-05-31 9.50 0.00 9.26
  • Titanium has no debt.
  • Titanium had no debt 5 years ago.
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.

  • Titanium has sufficient cash runway for 1.8 years based on current free cash flow.
  • Titanium has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 5% each year.
X
Financial health checks
We assess Titanium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Titanium has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TIC Dividends

 What is Titanium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Titanium dividends.
If you bought CA$2,000 of Titanium shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Titanium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Titanium's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:TIC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Titanium has not reported any payouts.
  • Unable to verify if Titanium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Titanium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Titanium has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Titanium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Titanium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Titanium has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TIC Management

 What is the CEO of Titanium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Nelson
COMPENSATION CA$836,650
TENURE AS CEO 14.1 years
CEO Bio

Mr. Scott Nelson has been the Chief Executive Officer, President and Director at Titanium Corp. Inc. since February 23, 2005. Mr. Nelson served as President of Amerada Hess Canada Ltd., from February 1989 to April 1996 and led its rapid growth, the tripling of production and the eventual sale of Amerada Hess Canada to Petro Canada. He was employed by IBM Canada from September 2002 to February 2005. From January 1997 to September 2002. Mr. Nelson served as President of Auxilium Corporation from January 1996 to September 2006. He held key management positions with Amoco Canada Petroleum Company Ltd., Dome Petroleum Ltd. and The Irving Group. He is a leading Canadian executive with more than 25 years experience in resource based, capital intensive companies. He served as Chairman of London based Eurosov Energy PLC from 1998 to 1999.

CEO Compensation
  • Scott's compensation has increased whilst company is loss making.
  • Scott's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Titanium management team in years:

5.4
Average Tenure
  • The average tenure for the Titanium management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Scott Nelson

TITLE
President
COMPENSATION
CA$837K
TENURE
14.1 yrs

Jennifer Kaufield

TITLE
VP of Finance & CFO
COMPENSATION
CA$434K
TENURE
9 yrs

Kevin Moran

TITLE
Executive VP & CTO
COMPENSATION
CA$666K
TENURE
1.8 yrs

Niel Erasmus

TITLE
Vice President of Mineral Sands
COMPENSATION
CA$380K
TENURE
1.8 yrs

Jessica Brown

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure of the Titanium board of directors in years:

10.7
Average Tenure
  • The average tenure for the Titanium board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

David Charles MacDonald

TITLE
Non-Executive Chairman
COMPENSATION
CA$110K
TENURE
2.9 yrs

Scott Nelson

TITLE
President
COMPENSATION
CA$837K
TENURE
14.1 yrs

Brant Sangster

TITLE
Independent Director
COMPENSATION
CA$83K
AGE
71
TENURE
12.5 yrs

Moss Kadey

TITLE
Independent Director
COMPENSATION
CA$73K
TENURE
10.7 yrs

John Stevens

TITLE
Director
COMPENSATION
CA$68K
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Titanium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Titanium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TIC News

Simply Wall St News

Titanium Corporation Inc (CVE:TIC): How Does It Impact Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Titanium has a beta of 2.48, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … However, this is the opposite to what TIC’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Titanium Corporation Inc (TSXV:TIC): How Much Growth Is Left In Basic Materials?

TSXV:TIC PE PEG Gauge Dec 6th 17 The metals and mining sector's PE is currently hovering around 12x, in-line with the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of TIC, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

What You Must Know About Titanium Corporation Inc's (TSXV:TIC) Major Investors

In this analysis, my focus will be on developing a perspective on Titanium Corporation Inc’s (TSXV:TIC) latest ownership structure, a less discussed, but important factor. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Institutional ownership level and composition in TIC is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Does Titanium Corporation Inc's (TSXV:TIC) CEO Pay Reflect Performance?

In the situation of negative earnings, the company may be incurring a period of reinvestment and growth, or it can be a signal of some headwind. … Normally I'd use market cap and profit as factors determining performance, however, TIC's negative earnings lower the usefulness of my formula. … Hopefully this article has given you insight on how shareholders should think about TIC's governance policies such as CEO pay.

Simply Wall St -

TIC Company Info

Description

Titanium Corporation Inc. develops technologies for the recovery of heavy minerals and bitumen in Canada. The company develops Creating Value from Waste technology that recovers bitumen, solvents, minerals, and water from oil sands froth treatment tailings in the Athabasca oil sands region of Northern Alberta, Canada. It has interests in five oil sands mining projects, including Syncrude, Suncor, Albian Sands, Canadian Natural Resources Limited, and Imperial Oil Kearl. The company is headquartered in Calgary, Canada.

Details
Name: Titanium Corporation Inc.
TIC
Exchange: TSXV
Founded:
CA$65,661,500
82,076,875
Website: http://www.titaniumcorporation.com
Address: Titanium Corporation Inc.
903 8th Avenue, SW,
Suite 1020,
Calgary,
Alberta, T2P 0P7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV TIC Common Shares TSX Venture Exchange CA CAD 19. Aug 1988
OTCPK TITU.F Common Shares Pink Sheets LLC US USD 19. Aug 1988
DB TMD Common Shares Deutsche Boerse AG DE EUR 19. Aug 1988
Number of employees
Current staff
Staff numbers
0
Titanium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:44
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/04/25
Last earnings reported: 2017/12/31
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.