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Titan Mining Corporation ( (TSE:TI) ) has issued an update.
Titan Mining Corporation is set to begin production of natural graphite at its Empire State Mines, positioning itself as a leader in the U.S. graphite industry amid tightening global supply constraints due to China’s export restrictions. This strategic move is supported by significant financing from the U.S. Export-Import Bank and collaboration with U.S. government departments, aiming to establish a secure domestic supply chain for critical sectors such as defense and energy. Titan’s initiative is expected to supply approximately half of the current U.S. natural graphite demand, reinforcing its role as a cornerstone in the re-emerging American graphite supply chain.
The most recent analyst rating on (TSE:TI) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Titan Mining Corporation stock, see the TSE:TI Stock Forecast page.
Spark’s Take on TSE:TI Stock
According to Spark, TipRanks’ AI Analyst, TSE:TI is a Neutral.
Titan Mining Corporation’s stock score is primarily influenced by its financial performance and technical analysis. The company’s strong operational efficiency is offset by high financial leverage and declining revenue growth. Technical indicators suggest mixed momentum, while valuation is reasonable but lacks dividend yield appeal.
To see Spark’s full report on TSE:TI stock, click here.
More about Titan Mining Corporation
Titan Mining Corporation is an Augusta Group company primarily involved in the production of zinc concentrate at its Empire State Mine in New York. The company is also emerging as a producer of natural flake graphite, aiming to become the USA’s first end-to-end producer of this material in 70 years. Titan is committed to enhancing the security of the domestic supply chain by developing critical mineral assets.
Average Trading Volume: 190,801
Technical Sentiment Signal: Buy
Current Market Cap: C$315M
See more insights into TI stock on TipRanks’ Stock Analysis page.