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Titan Minerals Ltd (AU:TTM)
ASX:TTM

Titan Minerals Ltd (TTM) AI Stock Analysis

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AU:TTM

Titan Minerals Ltd

(Sydney:TTM)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
AU$0.94
▼(-0.95% Downside)
The score is held down primarily by weak financial performance (ongoing losses, no recent revenue, and negative operating/free cash flow), with valuation also constrained by a negative P/E. These are partially offset by strong technical momentum and an uptrend versus key moving averages, though overbought readings raise pullback risk.
Positive Factors
Low leverage / strong balance sheet
Very low reported leverage provides durable financial flexibility for an exploration company. Minimal debt reduces fixed obligations and bankruptcy risk, enabling management to fund drill programs or negotiate JVs/farm-outs without immediate refinancing pressure over the next 2–6 months.
Growing equity base
A materially larger equity base supports expansion of the asset base and funds exploration activity without proportionate debt. This structural increase enhances capacity to pursue projects, absorb write-downs, and attract partners or off-take counterparties during development stages.
Asset-monetization business model
Reliance on farm-outs and JV structures is a durable model for juniors: it lets Titan de-risk projects, preserve capital, and realize value through partner-funded work or cash payments. Over months this reduces capex burden and aligns incentives with larger mining partners.
Negative Factors
No recent revenue
Absence of operating revenue over several years means the company remains pre-revenue and dependent on capital markets or transaction monetization. That structural lack of operational cash inflows raises ongoing funding and execution risk for advancing projects over the next 2–6 months.
Negative operating cash flow
Persistent negative operating cash flow indicates ongoing cash burn to fund exploration and overhead. Even with some FCF improvement, continued outflows elevate financing risk and could force dilutive equity raises or scaled-back programs if losses persist over coming quarters.
Negative returns on capital
A materially negative ROE shows capital deployed is not generating profits, reflecting unproven project economics. This long-term profitability gap undermines shareholder value creation and may limit partner interest or attractive transaction terms until resources and economics are demonstrably improved.

Titan Minerals Ltd (TTM) vs. iShares MSCI Australia ETF (EWA)

Titan Minerals Ltd Business Overview & Revenue Model

Company DescriptionTitan Minerals Limited engages in the exploration and development of mineral properties. It explores for gold and copper deposits. The company hold interest in its flagship property Dynasty Gold Project that consists of five concessions covering an area of 139 square kilometers located in Loja Province in southern Ecuador. Titan Minerals Limited is based in West Perth, Australia.
How the Company Makes Money

Titan Minerals Ltd Financial Statement Overview

Summary
Financial performance is weak: persistent losses, effectively no reported revenue from 2021–2024, and consistently negative operating and free cash flow (about -5.9M operating cash flow in 2024). The main offset is a relatively strong balance sheet with low leverage (debt-to-equity ~0.02 in 2024) and a growing equity base, but returns remain negative (ROE about -10% in 2024).
Income Statement
18
Very Negative
Profitability is very weak. The company shows persistent losses across the period, with 2024 reporting negative gross profit and a large net loss (about -9.5M). Revenue is effectively absent in recent years (0 reported from 2021–2024), which makes margins and growth less meaningful and highlights a lack of operating scale. While 2020 had revenue, earnings were still deeply negative, indicating an unproven ability to generate sustainable profits.
Balance Sheet
63
Positive
The balance sheet is a relative strength. Leverage is low in the most recent years, with debt-to-equity around ~0.02 in 2024 (and ~0.07 in 2023), providing financial flexibility. Equity has increased meaningfully from 2020 to 2024, supporting a larger asset base. The key weakness is ongoing negative returns on equity (notably -10% in 2024), showing that capital is not currently generating profits.
Cash Flow
27
Negative
Cash generation remains pressured. Operating cash flow is consistently negative (roughly -5.9M in 2024), and free cash flow is also negative, implying continued cash burn to fund operations and investment. Free cash flow improved materially versus the prior year in 2024, but the trajectory is volatile over time (including very large outflows in earlier periods), keeping funding risk elevated if losses persist.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.006.03M
Gross Profit0.00-71.25K-111.48K-89.44K-70.61K6.00M
EBITDA3.22M-8.89M-5.16K-3.30K996.57K-10.82M
Net Income-7.27M-9.54M-2.11K-2.98M-161.21K-47.31M
Balance Sheet
Total Assets94.35M98.32M76.45M64.80M67.47M37.10M
Cash, Cash Equivalents and Short-Term Investments13.80M18.83M3.42M1.46M12.37M7.22M
Total Debt0.002.10M3.36M1.50M1.50M7.64M
Total Liabilities3.36M5.64M8.80M6.47M14.69M25.69M
Stockholders Equity90.98M92.68M67.63M58.32M52.79M11.42M
Cash Flow
Free Cash Flow-2.86M-6.04M-3.19M-17.41M-24.91M-18.32M
Operating Cash Flow-2.68M-5.86M-3.12M-4.00M-11.73M-12.38M
Investing Cash Flow-7.33M-4.23M-4.27M-8.33M15.99K1.97M
Financing Cash Flow24.74M25.60M10.46M-347.00K19.36M14.61M

Titan Minerals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
54
Neutral
AU$187.86M-6.54-43.66%46.74%-47.98%
53
Neutral
AU$218.26M-18.52-7.66%
51
Neutral
AU$153.63M-35.54-27.81%-35.98%
48
Neutral
AU$271.68M-18.30-13.03%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:TTM
Titan Minerals Ltd
0.95
0.50
113.48%
FCSUF
Focus Minerals Ltd
2.02
1.94
2425.00%
DE:RZZ
Kingston Resources Ltd.
0.06
0.02
36.17%
AU:CY5
Cygnus Metals Limited
0.20
0.08
66.67%
AU:KAU
Kaiser Reef Ltd
0.34
0.17
97.06%
AU:VTM
Victory Goldfields Limited
1.16
0.82
239.71%

Titan Minerals Ltd Corporate Events

Titan Minerals Secures Strategic Lingbao Backing as Ecuador Drilling Unlocks Scale
Jan 29, 2026

Titan Minerals reported a transformative December quarter marked by a US$10 million strategic placement to Hong Kong–listed Lingbao Gold International, which acquired roughly 9% of Titan at a significant premium, bringing capital and technical expertise that is expected to accelerate drilling and de-risking studies at the Dynasty Gold Project. Extensive drilling at Dynasty defined large zones of porphyry-hosted gold-silver ± copper mineralisation and extended high-grade mineralisation at Cerro Verde, supporting expectations of a larger, more economically robust resource ahead of a planned update in late Q1 2026, while JV partner Hanrine advanced deep porphyry drilling and milestone earn-in at the Linderos Copper Project and Titan refined targets at its Copper Duke and Copper Field projects, all against a backdrop of strong gold, silver and copper prices and a sharply higher share price.

The most recent analyst rating on (AU:TTM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Seeks ASX Quotation for 351,077 New Ordinary Shares
Jan 19, 2026

Titan Minerals Limited has applied for quotation on the ASX of 351,077 new ordinary fully paid shares, to be issued on 19 January 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will modestly expand the company’s share base and may provide incremental capital or liquidity to support its ongoing operations and market presence.

The most recent analyst rating on (AU:TTM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Unveils High-Grade Infill Hits at Ecuador’s Dynasty Project Ahead of Resource Upgrade
Jan 13, 2026

Titan Minerals has reported a suite of high-grade, wide infill drilling intercepts at the Brecha-Comanche target within the Cerro Verde prospect at its Dynasty Gold Project, including standout results such as 38.5 metres at 3.0 g/t gold and 5.6 g/t silver, and several additional strong gold-silver intervals. These results confirm the continuity and predictability of the Dynasty gold system, extend mineralisation beyond previous resource boundaries and are expected to underpin resource classification upgrades in a forthcoming Mineral Resource Estimate update due late in the March quarter of 2026; drilling will pause while outstanding 2025 assays are received and compiled, as the geology team shifts to planning the next phase of exploration and resource extension drilling at Cerro Verde and awaits further results from the Kaliman porphyry target, developments that could enhance project economics and support ongoing strategic discussions with major investor Lingbao Gold International.

The most recent analyst rating on (AU:TTM) stock is a Hold with a A$0.85 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Issues 615,898 New Shares Under Disclosure Exemption
Jan 8, 2026

Titan Minerals Limited has issued 615,898 fully paid ordinary shares, expanding its share capital base. The company confirmed that the shares were issued without a prospectus under the Corporations Act’s disclosure exemptions and stated it remains compliant with its financial reporting and continuous disclosure obligations, with no undisclosed price-sensitive information, providing regulatory assurance to investors about the transparency of this capital issuance.

The most recent analyst rating on (AU:TTM) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Seeks ASX Quotation for Additional Ordinary Shares
Jan 8, 2026

Titan Minerals Limited has applied to the ASX for quotation of an additional 615,898 fully paid ordinary shares, to be traded under its existing ticker TTM. The new securities arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s listed share capital and marginally diluting existing shareholders while potentially strengthening its equity base.

The most recent analyst rating on (AU:TTM) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Extends Dynasty Gold Mineralisation Ahead of 2026 Resource Update
Jan 6, 2026

Titan Minerals has reported new extensional trenching and drilling results at the Dynasty Gold Project’s Cerro Verde prospect, extending gold and silver mineralisation by a further 150 metres along strike west of the Brecha-Comanche target. Recent diamond drilling intersected multiple near-surface and deeper zones of gold-silver mineralisation that remain open at depth, backed by strong trench and channel sampling results, underscoring the continuity and predictability of the Dynasty gold system and indicating substantial resource growth potential beyond the current resource envelope. The company is progressing a Mineral Resource Estimate update for Dynasty, targeted for the first quarter of 2026, while continuing reconnaissance work across new areas of the project and advancing due diligence discussions with strategic investor Lingbao as part of ongoing negotiations over a potential project-level transaction.

The most recent analyst rating on (AU:TTM) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Issues New Shares Under Corporations Act Exemption
Dec 29, 2025

Titan Minerals Limited has issued 5,304 fully paid ordinary shares, with 5,250 of these shares being issued without a prospectus or other disclosure document under the provisions of the Corporations Act. The company has confirmed its ongoing compliance with financial reporting and continuous disclosure obligations and stated that there is no excluded information requiring disclosure, signalling that the small equity issuance is being conducted within standard regulatory parameters and without any undisclosed material information for stakeholders.

The most recent analyst rating on (AU:TTM) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Seeks ASX Quotation for 5,304 New Ordinary Shares
Dec 29, 2025

Titan Minerals Limited has applied to the ASX for quotation of 5,304 new fully paid ordinary shares, to be traded under its existing ticker, TTM. The modest issuance, dated 30 December 2025, results from the exercise or conversion of existing options or other convertible securities, slightly increasing the company’s listed capital base without signaling a major change to its capital structure or operations.

The most recent analyst rating on (AU:TTM) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Confirms Resource Expansion at Dynasty Gold Project
Nov 25, 2025

Titan Minerals Limited has announced successful infill drilling results at its Brecha-Comanche target within the Dynasty Gold Project, confirming the predictability of the mineralization and supporting an upgrade in resource classification. The drilling campaign aims to expand the resource base by targeting extensive zones of porphyry and breccia-hosted gold-silver-copper mineralization, with a resource update expected in Q1 2026. Additionally, Lingbao Gold International Company Ltd, which recently acquired a 9.9% stake in Titan, is conducting further due diligence for a potential project-level transaction, indicating strategic interest in the project’s development.

The most recent analyst rating on (AU:TTM) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Titan Minerals Advances Resource Drilling at Dynasty Gold Project
Nov 18, 2025

Titan Minerals Limited has announced significant progress in its resource drilling at the Kaliman target within the Dynasty Gold Project in southern Ecuador. The company has intersected wide zones of porphyry hosted gold-silver and copper mineralization, with high-grade vein mineralization also present. This development is expected to enhance the scale and economics of the project, with a resource update anticipated in Q1 2026. The ongoing drilling aims to expand resources and improve project economics, supporting future mine studies and economic evaluations.

The most recent analyst rating on (AU:TTM) stock is a Buy with a A$1.55 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 15, 2026