Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Theta Gold Mines ( (AU:TGM) ).
Theta Gold Mines has issued 44,029,575 new fully paid ordinary shares to convertible loan lenders at A$0.17647 per share, following the conversion of convertible loans and shareholder approval at its November 2025 annual general meeting. The company has also granted 10,000,000 unlisted options to these lenders on a pro-rata basis, exercisable at A$0.32 and expiring on 3 August 2027, a move that strengthens its capital structure and formalises the transition of debt holders into equity stakeholders, while confirming compliance with relevant Australian corporate disclosure and reporting requirements.
The most recent analyst rating on (AU:TGM) stock is a Sell with a A$0.20 price target. To see the full list of analyst forecasts on Theta Gold Mines stock, see the AU:TGM Stock Forecast page.
More about Theta Gold Mines
Theta Gold Mines Limited is an Australian-listed mining company focused on the exploration and development of gold assets. The company operates within the precious metals sector, with its primary activities centred on advancing gold mining projects and associated funding structures to support project development and operations.
Average Trading Volume: 923,852
Technical Sentiment Signal: Buy
Current Market Cap: A$240.7M
Learn more about TGM stock on TipRanks’ Stock Analysis page.