TTNM is a company performing well in the midst of a small cap selloff and overall just no interest in small caps right now. A high rate environment is ultimately not good for small cap companies as the markets tend to turn risk off. Investors will flock to a company like TFII prior to buying TTNM in an environment like this.
That said, Titanium's results have not gone unnoticed by the market. Over the last year if you factor in the dividend, it's actually in the green. When we look to many other US and Canadian small cap stocks, that's just simply not the case.
A risk-on market will return eventually. Whether or not its this year, next year, or 2025 remains to be seen. But when it does, TTNM should be in a position to perform well. The one benefit of it right now, and this is a rarity among small caps, is the fact it does pay that 3%~ dividend.