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  5. TI: Your thoughts on TI. [Titan Mining Corporation]
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Investment Q&A

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Q: Your thoughts on TI. Is it a Hold or a Sell? Thanks
Asked by Charles on April 25, 2024
5i Research Answer:

TI is a microcap miner with a focus on zinc. Despite being down 40% over the last year, it WAS up in 2024, until a sharp drop Wednesday. Debt is quite high, but TI is revenue generating and producing small cash from operations. In 2023, despite revenue declining, TI did exceed its own forecasts and is estimating 56-60 million pounds of payable zinc for 2024. The company is increasing production annually by 8-10% and owns a huge land package of 80,000 acres. TI also mentioned that it has 'graphite potential' at some of its locations as well and recent drill results were positive which is a big part in the stock jumping. Due to its size it is hard for us to endorse it, but it will likely swing as it ramps up production and based off market prices for zinc.