Titanium Transportation (TSE:TTNM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Titanium Transportation Group has strengthened its financial position by selling off 21 acres of non-core land in Cornwall, Ontario for $4.5 million, with plans to use the proceeds to reduce its debt. The company’s CEO, Ted Daniel, suggests that this strategic move is aimed at optimizing asset mix and supporting future growth initiatives. Titanium Transportation is a significant player in the North American logistics and transportation sector, operating a sizeable fleet and employing over a thousand individuals.
For further insights into TSE:TTNM stock, check out TipRanks’ Stock Analysis page.
