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TG Metals Ltd.
(Sydney:TG6)
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Rating:43Neutral
Price Target:
AU$0.17
▼(-23.18% Downside)
Action:Reiterated
Date:07/08/26
The score is held down primarily by a pre-revenue financial profile with ongoing losses and significant negative cash flow (especially free cash flow), despite low balance-sheet leverage. Technicals are modestly weak with the price below key moving averages and a negative MACD, while valuation is constrained by negative earnings and no dividend yield.
Positive Factors
Low balance-sheet leverage
Very low debt-to-equity materially reduces financial risk and preserves funding optionality. Over a 2-6 month horizon this balance-sheet strength supports additional raising of capital or bridge financing, allowing the company to pursue development without immediate solvency pressure.
Negative Factors
Pre-revenue business model
No reported revenue means the business lacks operating inflows to validate product-market fit or absorb fixed costs. Reliance on external funding is structural until commercial sales begin, making long-term sustainability dependent on successful commercialization or continued capital access.
Read all positive and negative factors
Positive Factors
Negative Factors
Low balance-sheet leverage
Very low debt-to-equity materially reduces financial risk and preserves funding optionality. Over a 2-6 month horizon this balance-sheet strength supports additional raising of capital or bridge financing, allowing the company to pursue development without immediate solvency pressure.
Read all positive factors
TG Metals Ltd. (TG6) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.50M
Dividend YieldN/A
Average Volume (3M)210.22K
Price to Earnings (P/E)―
Beta (1Y)2.06
Revenue GrowthN/A
EPS Growth6.36%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding120,530,310
10 Day Avg. Volume146,614
30 Day Avg. Volume210,225
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.72
Price to Sales (P/S)0.00
P/FCF Ratio-1.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TG Metals Ltd. Business Overview & Revenue Model
Company Description
TG Metals Limited is an Australian company dedicated to the discovery, exploration, and development of mineral resources across Western Australia. Their exploration efforts primarily target deposits of nickel, lithium, and gold. A cornerstone of t...
TG Metals Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -82.71K | -39.80K | -98.15K | 0.00 | 0.00 | -755.00 |
| EBITDA | -1.22M | -1.48M | -2.25M | -1.18M | -2.03M | 0.00 |
| Net Income | -2.86M | -1.42M | -2.28M | -1.21M | -2.03M | -55.97K |
Balance Sheet | ||||||
| Total Assets | 18.70M | 13.80M | 14.01M | 5.28M | 6.20M | 456.33K |
| Cash, Cash Equivalents and Short-Term Investments | 3.59M | 734.92K | 8.05M | 3.79M | 5.71M | 184.73K |
| Total Debt | 106.95K | 133.74K | 8.70K | 40.67K | 0.00 | 0.00 |
| Total Liabilities | 1.58M | 1.42M | 981.29K | 181.55K | 98.08K | 15.97K |
| Stockholders Equity | 17.12M | 12.37M | 13.03M | 5.09M | 6.11M | 440.37K |
Cash Flow | ||||||
| Free Cash Flow | -4.81M | -6.74M | -5.25M | -931.39K | -167.58K | -396.00 |
| Operating Cash Flow | -1.08M | -1.05M | -1.74M | -967.00 | -468.00 | -36.00 |
| Investing Cash Flow | -6.73M | -6.19M | -3.51M | -930.42K | -167.12K | -360.00 |
| Financing Cash Flow | 6.09M | -72.68K | 9.51M | -20.52K | 6.16M | 643.00 |
TG Metals Ltd. Technical Analysis
Positive
0.22
Price Trends
0.20
Negative
0.18
Positive
0.20
Negative
Market Momentum
>-0.01
Negative
59.14
Neutral
115.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TG6, the sentiment is Positive. The current price of 0.22 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.20, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 59.14 is Neutral, neither overbought nor oversold. The STOCH value of 115.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:TG6.
TG Metals Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | AU$16.41M | -15.24 | -4.78% | ― | ― | 16.67% | |
45 Neutral | AU$15.32M | -1.00 | -7.37% | ― | ― | -34.88% | |
44 Neutral | AU$15.57M | -13.59 | -10.37% | ― | ― | 25.38% | |
43 Neutral | AU$23.50M | -8.64 | -11.52% | ― | ― | 6.36% | |
43 Neutral | AU$14.01M | -3.11 | -73.19% | ― | ― | 88.91% | |
41 Neutral | AU$20.53M | -3.08 | -129.04% | ― | 445.43% | 47.23% |
* Basic Materials Sector Average
AU:TG6
TG Metals Ltd.
0.20
0.02
8.33%
AU:TSL
Titanium Sands
0.01
0.00
0.00%
AU:BUX
Buxton Resources Limited
0.04
>-0.01
-18.75%
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Todd River Resources Ltd.
0.22
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79.17%
AU:DKM
Duketon Mining Ltd
0.13
-0.02
-10.71%
AU:GT1
Green Technology Metals Limited
0.02
>-0.01
-27.27%
TG Metals Ltd. Corporate Events
TG Metals Issues 649,386 Unquoted Performance Rights Under Employee Incentive Plan
Jun 19, 2026
TG Metals Ltd has issued 649,386 unquoted performance rights under its employee incentive scheme, effective June 19, 2026. The new securities, which will not be quoted on the ASX, expand the company’s pool of performance-based equity, signal...
TG Metals Advances Lake Johnston Lithium Project with Burmeister Mining Lease Application
May 31, 2026
TG Metals has lodged a mining lease application over the Burmeister lithium deposit at its Lake Johnston Lithium Project in Western Australia, advancing the project toward potential development. The deposit hosts an exploration target of 15.6̵...
TG Metals Starts Drilling to Expand Van Uden Laterite Gold Resource
May 27, 2026
TG Metals has secured approvals for a new auger drilling program targeting laterite gold mineralisation outside its current Mineral Resource Estimate at the Van Uden Gold Project in Western Australia. The campaign aims to test soil anomalies aroun...
TG Metals Targets Near-Term Cashflow With High-Recovery Heap Leach Plan at Van Uden
Apr 30, 2026
TG Metals Ltd. has reported exceptional initial metallurgical results from column leach testwork on laterite ore at its Van Uden Gold Project in Western Australia, achieving 88% gold recovery after just 35 days and successful agglomeration at a co...
TG Metals boosts Van Uden gold resource and advances lithium processing technology
Apr 28, 2026
TG Metals has significantly advanced its Van Uden Gold Project, updating the mineral resource estimate to 270,800 ounces of gold, with a more than 120% increase in the Indicated category. Recent reverse circulation drilling delivered broad high-gr...
TG Metals details advanced WA gold and lithium projects and data caveats
Apr 20, 2026
TG Metals Ltd. has released an investor presentation outlining its suite of advanced gold and lithium projects in Western Australia and their progression toward potential production. The materials emphasise that mineral resource estimates and expl...
TG Metals to Release 5.7 Million Shares From Escrow in April 2026
Apr 17, 2026
TG Metals has advised that 5,714,285 ordinary fully paid shares will be released from voluntary escrow on 29 April 2026, 12 months after their issue. The pending escrow expiry will increase the free float of TG Metals’ stock, potentially imp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.