ASX Share rice
Tue 04 Aug 2020 - 10:01:am (Sydney)

TTM Share Price

TITAN MINERALS LIMITEDTTMMaterials

TTM Company Information

Name:

Titan Minerals Limited

Sector:

Basic Materials

Industry:

Gold

GIC Industry:

Metals & Mining

GIC Sub Industry:

Gold

Address:

295 Rokeby Road Perth WA Australia 6008

Phone:

61 8 6555 2950

Full Time Employees:

255

MD, CEO & Director:

Mr. Laurence D. Marsland

Exec. Director:

Mr. Matthew Carr

Chief Geologist:

Mr. Travis Schwertfeger BSc, MSc, MAIG

Company Sec.:

Mr. Zane Robert Lewis

Company Overview:

Titan Minerals Limited, an exploration and development company, engages in exploration and development of mineral properties in Ecuador and Peru. The company explores for gold, copper, and silver deposits. Its flagship property is the Dynasty project that consists of five concessions covering an area of 139 sq. km located in Loja Province in southern Ecuador. The company was formerly known as Core Gold Inc. Titan Minerals Limited is based in Perth, Australia.

TTM Share Price Information

Shares Issued:

762.50M

Market Capitalisation:

$106.75M

Revenue (TTM):

$22.79M

Revenue Per Share (TTM):

$0.15

Earnings per Share:

$-0.053

Profit Margin:

-0.146

Operating Margin (TTM):

$-0.12

Return On Assets (TTM):

$-0.07

Return On Equity (TTM):

$-4.31

Quarterly Revenue Growth (YOY):

-0.085

Gross Profit(TTM):

$4.43M

Diluted Earnings Per Share (TTM):

$-0.021

TTM CashFlow Statement

CashFlow Date:

2019-12-31

Investments:

$-6,752,651

Change To Liabilities:

$2.35M

Total Cashflow From Investing Activities:

$-6,752,651

Net Borrowings:

$2.80M

Net Income:

$-11,568,864

Total Cash From Operating Activities:

$-5,750,520

Other Cashflow From Investing Activities:

$1.43M

Capital Expenditures:

$1.18M

TTM Income Statement

Income Date:

2019-12-31

Income Before Tax:

$-10,362,387

Net Income:

$-11,568,864

Gross Profit:

$1.09M

Operating Income:

$-9,550,440

Other Operating Expenses:

$460.81K

Interest Expense:

$0.91M

Total Revenue:

$14.18M

Total Operating Expenses:

$10.64M

Cost Of Revenue:

$13.09M

TTM Balance Sheet

Balance Sheet Date:

2019-12-31

Intangible Assets:

$78.75K

Total Liabilities:

$13.66M

Total Stockholder Equity:

$13.67M

Total Assets:

$27.33M

Common Stock:

$123.58M

Retained Earnings:

$-111,955,549

Other Liabilities:

$522.31K

Good Will:

$11.87M

Other Assets:

$157.04K

Cash:

$1.79M

Total Current Liabilities:

$10.83M

Short-Term Debt:

$6.42M

Property - Plant & Equipment:

$6.47M

Net Tangible Assets:

$1.72M

Long-Term Investments:

$2.10M

Total Current Assets:

$6.65M

Long-Term Debt:

$2.31M

Short-Term Investments:

$20.68M

Inventory:

$1.94M

Accounts Payable:

$2.88M

Non Currrent Assets (Other):

$77.04K

Short-Term Investments:

$20.68

Non Current Liabilities Total:

$2.83M

TTM Share Price History

TTM News

31 Mar, 2020
In response to logistical challenges posed by the COVID-19 pandemic, Titan Minerals Limited ("Titan") (ASX:TTM) has announced that it is postponing the filing of its audited annual financial statements for the year ended December 31, 2019 and associated management’s discussion and analysis (“MD&A”). Titan’s announcement comes in connection with an Ontario Securities Commission (the “OSC”) order under Ontario Instrument 51-502 (“OI 51-502”) dated March 23, 2020, pursuant to which all issuers required to make certain Ontario securities filings between March 23, 2020, and June 1, 2020, have an additional 45 days to make such filings from the deadline otherwise applicable to make such filings.
21 Feb, 2020
TITAN SECURES IN EXCESS OF 90% OF CORE GOLD ALL OUTSTANDING CORE SHARES TO BE ACQUIRED VIA SECOND STEP TRANSACTION HIGHLIGHTS At final expiry of the Offer period, Core Gold.
27 Jan, 2020
In order to gain immediate final acceptances, Titan has extended the period Core Gold shareholders have to tender their Core Shares under the Offer until 9:00 a.m. (Toronto time) on February 7, 2020. TORONTO, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Following the announcement on January 14, 2020 that Titan Minerals Limited (the "Company" or "Titan") (ASX:TTM) has successfully met or waived all the conditions to its offer (the “Offer”) to purchase all of the issued and outstanding common shares (the “Core Shares”) of Core Gold Inc. ("Core Gold") (CGLD.V) (2), the Company is pleased to announce that as at Monday January 27, 2020, an additional 44,346,578 Core Shares have been tendered to Titan under the terms of the Offer.
14 Jan, 2020
Pursuant to applicable Canadian securities laws, Titan has extended the period shareholders of Core Gold have to tender their Core Shares under the Offer until 9:00 a.m. (Toronto time) on January 27, 2020 (the “Expiry Time”). Core Gold shareholders who tender their Core Shares prior to the Expiry Time will receive the same per Core Share consideration to be received by Core Gold shareholders whose Core Shares were deposited and not withdrawn under the Offer prior to the Initial Expiry Time.
16 Dec, 2019
Titan Minerals Limited (ASX:TTM) (“Titan”) is pleased to announce it has received firm commitments to raise gross proceeds of A$3.5 million via the issue of 21,875,000 new fully paid ordinary shares ("Shares") at an issue price of A$0.16 per Share ("Placement").
09 Dec, 2019
Core’s major shareholders enter into irrevocable lock-up undertakings to accept Titan’s bid. 51.3% of the issued and outstanding shares and votes in Core (including Titan shares) have accepted or entered into lock-up arrangements.
17 Oct, 2019
With a wealth of international experience in mining and equities markets, Titan Minerals (ASX:TTM) has the board to successfully progress the company’s assets, as well as those of proposed takeover target Core Gold Inc. (CGLD.V). Titan launched a formal bid for Core Gold earlier this month offering 2.5 fully paid ordinary shares of Titan for each Core Gold share, representing CAD$0.422 per Core Gold share – a 164% premium to the Core Gold closing price on 13 September 2019. According to Titan, the rationale for the merger is to create an emerging Latin American focused gold explorer, developer and producer, with a large portfolio in Ecuador and Peru, as well as a substantially stronger balance sheet.
01 Oct, 2019
Titan Minerals Ltd (ASX:TTM) is pleased to advise it has lodged a formal takeover offer for all of the issued and outstanding common shares of Canadian-based Core Gold Inc (CGLD.V) with lodgement on the ASX on Tuesday 1st October 2019 of the Takeover Bid Circular to acquire Core Gold. Titan is offering 2.5 fully paid ordinary shares of Titan for each Core Gold share, representing the equivalent of CAD$0.422 per Core Gold share.