TITAN MINERALS LIMITED (TTM)
Share Price Analysis and Chart

16/09/2025

1

Speculative Buy

$1.45

262.50%

Titan Minerals has reported further "encouraging" drilling at the Linderos copper-gold project in Ecuador, Canaccord Genuity comments. 

Key intercepts include 694m at 0.25% copper equivalent and 263m at 0.37% copper equivalent, supporting a large porphyry system open in all directions, highlights the broker.

The broker highlights the Copper Ridge porphyry is more than 1km wide and deep, with tonnage potential above 2bn, though grades remain modest at below 0.3% copper equivalent. It's noted molybdenum adds further upside.

The company's Dynasty gold project, also in Ecuador, remains the core asset, with a 1.22moz gold and 9moz silver resource, points out the analyst. A Scoping Study is expected in 1H26 following an upcoming resource update.

Canaccord lifts its target price to $1.45 from $1.40 and keeps a Speculative Buy rating.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.30 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -0.20 cents.