TG Metals Ltd. (AU:TG6)
ASX:TG6
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TG Metals Ltd.
(Sydney:TG6)
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Rating:42Neutral
Price Target:
AU$0.13
▼(-43.18% Downside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and significant negative free cash flow implying funding risk) and bearish technicals (price below all key moving averages with negative MACD). Valuation provides limited support because a negative P/E reflects continuing losses and there is no dividend yield data.
Positive Factors
Very low leverage
Extremely low debt reduces default and refinancing risk and preserves balance-sheet flexibility over the medium term. This durable strength gives management optionality to fund exploration, pilot plants or selective capex without immediate pressure from creditors, supporting project development timelines.
Negative Factors
Pre-revenue operations
Without any revenue base, the business cannot internally fund operations or validate market economics; this structural state keeps the company dependent on capital markets or partners and means operating losses will persist until commercial production or sales are established.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low debt reduces default and refinancing risk and preserves balance-sheet flexibility over the medium term. This durable strength gives management optionality to fund exploration, pilot plants or selective capex without immediate pressure from creditors, supporting project development timelines.
Read all positive factors
TG Metals Ltd. (TG6) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.68M
Dividend YieldN/A
Average Volume (3M)210.22K
Price to Earnings (P/E)―
Beta (1Y)2.37
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
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 engages in the discovering, exploration, and development of mineral deposits in Western Australia. It explores for nickel, lithium, and gold deposits. The company's flagship project includes the Lake Johnston project covering an ...
TG Metals Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -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 | -2.28M | -1.21M | -2.03M | -55.97K |
Balance Sheet | |||||
| Total Assets | 13.80M | 14.01M | 5.28M | 6.20M | 456.33K |
| Cash, Cash Equivalents and Short-Term Investments | 734.92K | 8.05M | 3.79M | 5.71M | 184.73K |
| Total Debt | 133.74K | 8.70K | 40.67K | 0.00 | 0.00 |
| Total Liabilities | 1.42M | 981.29K | 181.55K | 98.08K | 15.97K |
| Stockholders Equity | 12.37M | 13.03M | 5.09M | 6.11M | 440.37K |
Cash Flow | |||||
| Free Cash Flow | -6.74M | -5.25M | -931.39K | -167.58K | -396.00 |
| Operating Cash Flow | -1.05M | -1.74M | -967.00 | -468.00 | -36.00 |
| Investing Cash Flow | -6.19M | -3.51M | -930.42K | -167.12K | -360.00 |
| Financing Cash Flow | -72.68K | 9.51M | -20.52K | 6.16M | 643.00 |
TG Metals Ltd. Technical Analysis
Neutral
0.22
Price Trends
0.18
Negative
0.19
Negative
0.19
Negative
Market Momentum
-0.01
Positive
48.40
Neutral
41.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TG6, the sentiment is Neutral. The current price of 0.22 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.18, and above the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 48.40 is Neutral, neither overbought nor oversold. The STOCH value of 41.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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% | |
45 Neutral | AU$16.95M | -3,062.78 | 5.86% | ― | ― | ― | |
45 Neutral | AU$5.63M | -0.39 | -330.13% | ― | ― | 61.60% | |
42 Neutral | AU$18.68M | -1.56 | -11.52% | ― | ― | ― | |
42 Neutral | AU$5.12M | -5.18 | -18.13% | ― | ― | 21.62% | |
41 Neutral | AU$5.85M | -0.93 | -120.84% | ― | ― | -349.06% | |
| ― | AU$4.73M | -5.50 | -26.98% | ― | ― | 4.35% |
* Basic Materials Sector Average
AU:TG6
TG Metals Ltd.
0.15
0.05
50.00%
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0.06
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Kaili Resources Limited
0.11
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180.00%
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Sultan Resources Ltd.
0.01
0.00
0.00%
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ActivEX Limited
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AU:PRL
Province Resources Ltd
0.01
0.00
0.00%
TG Metals Ltd. Corporate Events
TG Metals issues interim financial report for half-year to 31 December 2025
Mar 10, 2026
TG Metals Ltd has released its interim financial report for the half-year ended 31 December 2025, outlining its consolidated profit or loss, financial position, cash flows and changes in equity. The document also includes the directors’ repo...
TG Metals Files Patent for Enhanced Lithium Recovery Technology
Feb 9, 2026
TG Metals has filed a provisional patent application in Australia for a proprietary metallurgical flowsheet that enhances recovery and quality of spodumene concentrate from lithium pegmatite ore at its Burmeister deposit. The process integrates de...
TG Metals Drilling Confirms Gold Continuity and Growth Potential at Van Uden
Feb 4, 2026
TG Metals has reported further encouraging assay results from 52 reverse circulation drillholes across the full length of its Van Uden gold deposit, confirming multiple mineralised zones with increasing continuity and shallow extensions to the exi...
TG Metals Confirms High-Grade Gold Continuity at Van Uden and Expands Gold City Prospect
Jan 28, 2026
In the December 2025 quarter, TG Metals advanced its Van Uden Gold Project through extensive reverse circulation drilling that confirmed continuity of multiple high-grade gold lodes, with infill and extensional drilling aimed at upgrading and expa...
TG Metals Upgrades Van Uden Drill Result as New Gold Discovery Extends Strike
Jan 20, 2026
TG Metals has corrected an earlier statement and confirmed that a key drilling intercept at its Van Uden Gold Project south of the existing mineral resource was 11 metres at 1.90 grams per tonne of gold from 65 metres, higher than first reported. ...
TG Metals Extends Van Uden Gold Deposit with New Discovery to the South
Jan 19, 2026
TG Metals has reported a new gold discovery approximately 550 metres south and along strike of its existing Van Uden mineral resource, with reverse circulation drilling intercepting multiple shallow gold zones that extend the defined deposit to mo...
TG Metals Extends High-Grade Gold Mineralisation at Van Uden Project
Jan 11, 2026
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 l...
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.