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An announcement from Theta Gold Mines ( (AU:TGM) ) is now available.
Theta Gold Mines Limited has applied to the ASX for quotation of 44,029,575 new fully paid ordinary shares, with an issue date of 3 February 2026. The move significantly increases the company’s quoted share capital, which may support funding for its ongoing gold development activities and could have implications for existing shareholders through capital structure changes and potential dilution.
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 is traded on the ASX under the ticker TGM and is progressing its projects to expand its resource base and production potential within the gold sector.
Average Trading Volume: 923,852
Technical Sentiment Signal: Buy
Current Market Cap: A$240.7M
See more data about TGM stock on TipRanks’ Stock Analysis page.