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TG Metals Ltd.
(Sydney:TG6)
TG Metals Ltd. (TG6) vs. iShares MSCI Australia ETF (EWA)
TG Metals Ltd. Business Overview & Revenue Model
TG Metals Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -39.80K | -39.80K | -98.15K | 0.00 | 0.00 | -755.00 |
| EBITDA | ― | -1.48M | -2.25M | -1.18M | 0.00 | 0.00 |
| Net Income | -1.42M | -1.42M | -2.28M | -1.21M | -2.03M | -55.97K |
Balance Sheet | ||||||
| Total Assets | 13.80M | 13.80M | 14.01M | 5.28M | 6.20M | 456.33K |
| Cash, Cash Equivalents and Short-Term Investments | 734.92K | 734.92K | 8.05M | 3.79M | 5.71M | 184.73K |
| Total Debt | 133.74K | 133.74K | 8.70K | 40.67K | 0.00 | 0.00 |
| Total Liabilities | 1.42M | 1.42M | 981.29K | 181.55K | 98.08K | 15.97K |
| Stockholders Equity | 12.37M | 12.37M | 13.03M | 5.09M | 6.11M | 440.37K |
Cash Flow | ||||||
| Free Cash Flow | -6.74M | -6.74M | -5.25M | -931.39K | -167.58K | -396.00 |
| Operating Cash Flow | -1.05M | -1.05M | -1.74M | -967.00 | -468.00 | ― |
| Investing Cash Flow | -6.19M | -6.19M | -3.51M | -930.42K | -167.12K | -360.00 |
| Financing Cash Flow | -72.68K | -72.68K | 9.51M | -20.52K | 6.16M | ― |
TG Metals Ltd. Technical Analysis
TG Metals Ltd. Peers Comparison
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% | |
48 Neutral | AU$24.11M | ― | ― | ― | ― | ― | |
46 Neutral | AU$7.13M | -12.93 | -38.56% | ― | ― | 21.62% | |
44 Neutral | AU$23.58M | -50.00 | ― | ― | ― | ― | |
44 Neutral | AU$7.02M | -0.50 | -78.12% | ― | ― | -349.06% | |
44 Neutral | AU$5.98M | -4.58 | -38.30% | ― | ― | 61.60% | |
38 Underperform | AU$5.91M | -5.45 | -26.98% | ― | ― | 4.35% |
TG Metals Ltd. Corporate Events
TG Metals has reported further broad, high-grade reverse circulation drilling results from its Van Uden Gold Project, with multiple shallow and continuous gold zones intersected across the northern, central and southern parts of the deposit. The latest assays, including intercepts such as 6m at 3.35g/t gold and 4m at 4.14g/t gold, are extending mineralisation at depth and up-dip in areas that were previously lightly drilled, supporting an upcoming resource estimate update planned for early 2026 while 83 drillhole assays and step-out exploration results south of the current resource are still pending, which could further enhance the scale and confidence of the project for investors and stakeholders.
The most recent analyst rating on (AU:TG6) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on TG Metals Ltd. stock, see the AU:TG6 Stock Forecast page.
TG Metals has reported strong new reverse circulation drilling results from the central and southern areas of its Van Uden Gold Project, with multiple high-grade gold intercepts confirming the continuity of mineralisation at depth within a large, intensely mineralised system. The company says these assays support extensions to the current mineral resource estimate and underpin an update targeted for the March quarter of 2026, with strike extension drilling now completed and further results pending, while diamond core and additional RC drilling are scheduled to restart in January 2026, signaling continued momentum in resource growth and project de-risking for stakeholders.
TG Metals Ltd has commenced drilling operations at the Van Uden Gold Project to explore new strike extensions and down-dip resource extensions. The company is conducting soil sampling to potentially extend the mineralized strike and plans to update its Mineral Resource Estimate in early 2026. With ongoing drilling and soil sampling, TG Metals aims to enhance its project size and provide updates on exploration and development progress.
TG Metals Limited announced a change in the director’s interest, with Richard Bevan acquiring 500,000 Class A and 500,000 Class B Performance Rights. This change, approved at the company’s recent AGM, reflects a strategic move to align the director’s interests with the company’s performance goals, potentially impacting the company’s governance and stakeholder confidence.
TG Metals Limited, a company listed on the Australian Securities Exchange, held its Annual General Meeting on November 28, 2025, where several key resolutions were voted upon. The meeting resulted in the approval of the Remuneration Report, the re-election of Mr. Richard Bevan as a director, and the approval of additional placement capacity and performance rights for directors. However, the proposals to remove Mr. Bevan and appoint Mr. David Geraghty as a director were not carried. These outcomes indicate a strong support for the current leadership and strategic direction of the company, potentially impacting its governance and future growth initiatives.
TG Metals Ltd. has announced its annual general meeting for November 2025, highlighting its ongoing projects in Western Australia. The company is working on advanced gold and lithium deposits, which are expected to provide scalable growth opportunities. The announcement underscores TG Metals’ strategic positioning in the mining sector, with implications for stakeholders regarding potential resource development and market expansion.
TG Metals Ltd. has announced promising results from its maiden drill program at the Gold City Prospect, revealing multiple gold zones and significant mineralization open in all directions. The drilling results, which include high-grade gold intersections, suggest a fertile environment for gold deposition and indicate the potential for Gold City to become a satellite operation to Van Uden. Further drilling is planned to better define the extent of the mineralization, with the company optimistic about the prospect’s potential.
TG Metals Limited has announced its Van Uden Gold Project in Western Australia, emphasizing its potential for near-term production and scalable growth. The project is positioned to enhance the company’s operations and industry standing, although the release advises caution due to inherent risks and uncertainties in mineral exploration and development.
TG Metals Ltd. announced impressive results from its ongoing drilling at the Van Uden Gold Project, with multiple gold zones intersected in shallow reverse circulation drillholes. The company is focused on expanding the current mineral resource estimate and improving geological understanding, with plans to update the MRE in early 2026. The drilling campaign aims to test depth extensions and add gold ounces to the existing resource, with several assays pending.
TG Metals Ltd has announced significant advancements in its Gold City prospect, with infill soil sampling revealing a substantial expansion of the gold anomaly, now measuring 1200 meters in strike length. This development enhances the project’s potential, with preparations for drill testing underway and expectations for further growth in the region. The company’s exploration success at Van Uden and Gold City is poised to significantly impact its operations and market positioning.
TG Metals Ltd. has announced that Montague Resources Australia Pty Ltd and its associated entities have ceased to be substantial holders in the company. This change occurred following TG Metals’ issuance of 18,181,819 shares in a placement that Montague Resources did not participate in, reducing its stake to below 5%. The announcement also noted that several entities have ceased to be associates of Montague Resources in relation to voting interests in TG Metals.
TG Metals Ltd has announced the commencement of down-dip resource drilling at its Van Uden Gold Project, following a successful placement raising $4 million, leaving the company with approximately $5.4 million in cash. The new drilling initiative aims to explore deeper extensions of the known resource, with plans to update the Mineral Resource Estimate in the first quarter of 2026. The company has also been granted a new prospecting license adjacent to its existing mining leases, potentially extending the mineralized strike to over 6.5 kilometers. This strategic expansion could significantly enhance TG Metals’ resource base and strengthen its position in the gold mining sector.
TG Metals Limited has successfully completed a share placement, issuing 18,181,819 new shares at $0.22 each, raising $4 million. This capital raise, approved by shareholders, aims to bolster the company’s financial position and support its strategic initiatives, reflecting a positive step in its market operations.
TG Metals Ltd has made significant progress in its Van Uden and Gold City projects during the quarter ending September 2025. The company completed a stockpile testing program, confirming the presence of gold mineralization and the feasibility of standard carbon in leach processing with high recovery rates. Drilling commenced at both projects, with promising results extending the mineralized strike length at Van Uden and identifying new gold anomalies at Gold City. The company also secured an additional $4 million in funding, which will support ongoing drilling efforts to expand the current mineral resource estimate.
TG Metals Limited, a company listed on the Australian Securities Exchange under the ticker TG6, held a General Meeting on October 30, 2025. During this meeting, a resolution to approve the issuance of shares was passed following a poll. This decision reflects the company’s strategic move to potentially raise capital or expand its shareholder base, which could have implications for its market positioning and operational capabilities.
Forrestania Resources Limited has announced that it does not currently intend to proceed with a takeover offer for TG Metals Limited, despite previously acquiring a 10.3% shareholding in the company. This decision may impact the strategic positioning of both companies, as Forrestania continues to focus on its core gold exploration and development activities in Western Australia.
TG Metals Ltd has announced promising results from its recent drilling campaign at the Van Uden Gold Project, revealing high-grade gold deposits. The shallow reverse circulation drilling has yielded significant gold assays, with plans for deeper drilling to further expand the resource. These developments are expected to enhance the company’s mineral resource estimates and support future economic studies, potentially impacting the company’s market position and stakeholder interests.
TG Metals Ltd. has announced its upcoming Annual General Meeting, where shareholders will vote on resolutions proposed by Forrestania Resources Limited, a shareholder holding 10.3% of the company’s shares. Forrestania seeks to remove the current chair and appoint its executive chairman as a director, citing concerns over recent capital raisings. TG Metals argues that these resolutions are disruptive and urges shareholders to vote against them, emphasizing the company’s strategic advancements in its Van Uden Gold Project and its robust funding strategy, which has been validated by strong shareholder support and increased share prices.
TG Metals Limited has announced its upcoming annual general meeting for shareholders, scheduled to take place on November 28, 2025, at St Martins Centre in Perth, Australia. The company emphasizes the importance of shareholders participating in the meeting by submitting proxy forms in advance, either online or through various delivery methods. This move is part of TG Metals’ efforts to streamline communication and ensure shareholder engagement in its corporate governance processes.
TG Metals Limited, a company listed on the ASX under the ticker TG6, has announced the date for its upcoming Annual General Meeting (AGM). The AGM is scheduled for 28 November 2025, and will take place in Perth, Western Australia. Shareholders will receive further details in a Notice of Meeting, which will be available on the company’s website and the ASX platform. Additionally, the deadline for director nominations is set for 31 October 2025, requiring written submissions by 5.00pm AWST on that date.
TG Metals Ltd. announced significant high-grade gold results from its initial drilling at the Van Uden Gold Project, particularly within the historical Tasman open pit. These findings are expected to extend the pit’s depth with minimal waste removal, supporting the company’s near-term production strategy. The ongoing drilling program aims to update the resource model and pit designs, with further results anticipated soon, potentially enhancing the company’s resource estimate and operational plans.