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An announcement from Thungela Resources Limited ( (GB:TGA) ) is now available.
Thungela Resources Limited reported its interim results for the first half of 2025, highlighting a strong balance sheet that enabled shareholder returns despite challenging market conditions. The company declared an interim cash dividend and a share buyback, while maintaining a disciplined capital allocation approach. Thungela achieved increased production in South Africa, although revenue and profit declined due to softer coal prices and currency fluctuations. The company remains on track to meet its full-year guidance, with strategic projects underway to ensure long-term sustainability.
More about Thungela Resources Limited
Thungela Resources Limited is a coal mining company based in South Africa, primarily focused on the production and export of thermal coal. It operates in a challenging global environment characterized by geopolitical uncertainties and fluctuating coal prices.
Average Trading Volume: 289,887
Technical Sentiment Signal: Hold
Current Market Cap: £534.2M
For a thorough assessment of TGA stock, go to TipRanks’ Stock Analysis page.
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