Titanium Corporation Inc. develops technologies for the recovery of heavy minerals and bitumen in Canada.
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Titanium's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIC has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: TIC exceeded the Canadian Metals and Mining industry which returned 4.5% over the past year.
Return vs Market: TIC exceeded the Canadian Market which returned 4.9% over the past year.
Price Volatility Vs. Market
How volatile is Titanium's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Much Of Titanium Corporation Inc. (CVE:TIC) Do Insiders Own?
3 months ago | Simply Wall StRead This Before Selling Titanium Corporation Inc. (CVE:TIC) Shares
4 months ago | Simply Wall StTitanium (CVE:TIC) Is In A Good Position To Deliver On Growth Plans
Is Titanium undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TIC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TIC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TIC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: TIC 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 TIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIC is overvalued based on its PB Ratio (12x) compared to the CA Metals and Mining industry average (1.5x).
How is Titanium forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 SimplyWall St do have past financial data.
- 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.
- Titanium competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Titanium performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIC is currently unprofitable.
Growing Profit Margin: TIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TIC is unprofitable, and losses have increased over the past 5 years at a rate of -8.6% per year.
Accelerating Growth: Unable to compare TIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (10.1%).
Return on Equity
High ROE: TIC has a negative Return on Equity (-6.43%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Titanium's financial position?
Financial Position Analysis
Short Term Liabilities: TIC's short term assets (CA$5.6M) exceed its short term liabilities (CA$742.8K).
Long Term Liabilities: TIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TIC is debt free.
Reducing Debt: TIC had no debt 5 years ago.
Inventory Level: TIC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TIC's debt is covered by short term assets.
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: TIC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TIC has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1% each year
What is Titanium's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TIC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIC'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 TIC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Nelson 0
Mr. Scott Nelson has been the Chief Executive Officer, President and Director at Titanium Corporation Inc. since February 23, 2005. Mr. Nelson served as President of Amerada Hess Canada Ltd., from February ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD473.42K) is above average for companies of similar size in the Canadian market ($USD154.66K).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
|VP of Finance & CFO||9.9yrs||CA$470.55k||0.24% CA$142.0k|
|Executive VP & CTO||2.7yrs||CA$605.20k||0.19% CA$111.9k|
|Corporate Secretary||0yrs||no data||no data|
Experienced Management: TIC's management team is seasoned and experienced (9.9 years average tenure).
|Independent Director||13.4yrs||CA$107.80k||0.098% CA$57.3k|
|Independent Director||3.3yrs||CA$110.70k||2.8% CA$1.6m|
|Independent Director||11.6yrs||CA$67.20k||3.77% CA$2.2m|
|Non-Executive Chairman||3.8yrs||CA$158.50k||5.87% CA$3.4m|
|Independent Director||0.5yrs||no data||no data|
Experienced Board: TIC's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Titanium Corporation Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Titanium Corporation Inc.
- Ticker: TIC
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$58.397m
- Shares outstanding: 88.48m
- Website: https://www.titaniumcorporation.com
- Titanium Corporation Inc.
- Petro Fina Building
- 800, 736 - 8th Avenue SW
- T2P 1H4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TIC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 1988|
|TMD||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 1988|
|TITU.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 1988|
Titanium Corporation Inc. develops technologies for the recovery of heavy minerals and bitumen in Canada. The company’s Value from Waste technology is used to recover bitumen, solvents, minerals, and water from oil sands waste tailings. It has interests in six oil sands mining projects, which are operated through Canadian Natural Resources Limited, Suncor Energy Inc., Syncrude Canada, and Imperial Oil Limited (Kearl). The company is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 00:09|
|End of Day Share Price||2020/02/14 00:00|
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.