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TGM Stock Chart & Stats
AU$0.17
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.17
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.15 - AU$0.28
Previous CloseN/A
Volume18.09K
Average Volume (3M)714.01K
Market Cap
AU$234.78M
Enterprise ValueAU$173.95M
Total Cash (Recent Filing)AU$12.48M
Total Debt (Recent Filing)AU$11.64M
Price to Earnings (P/E)―
Beta1.18
Next Earnings
Sep 30, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,304,336,300
10 Day Avg. Volume771,344
30 Day Avg. Volume714,009
Financial Highlights & Ratios
PEG Ratio0.27
Price to Book (P/B)14.85
Price to Sales (P/S)0.00
P/FCF Ratio-15.91
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
Bulls Say, Bears Say
Bulls Say
Project-focused Asset BaseTheta Gold’s concentrated development portfolio in Pilgrim’s Rest represents a clear operational focus and pathway to production. Maintaining a geographic and project concentration can enable management to prioritize permitting, mine planning and processing build‑out, increasing the chance of resource conversion and long‑term value capture if development milestones are met.
Balance Sheet RecoveryReturn to positive equity and a reduction in total debt versus 2023–2024 are durable signs of balance sheet repair. While leverage remains high, the shift from negative equity reduces insolvency risk and improves financial optionality, making it easier to pursue project milestones or negotiate financing on less dilutive terms over the medium term.
Improving Cash‑burn TrajectoryWhile still negative, the observable improvement in cash burn versus prior years is a structurally relevant trend. If sustained, lower operating cash deficits reduce near‑term funding needs, extend runway for development work, and increase the probability that management can advance permits and processing infrastructure without frequent dilutive raises.
Bears Say
No Revenue / Recurring LossesThe company reports no operating revenue and consistent losses, meaning it remains a pre‑revenue developer. This fundamental profile implies the business cannot self‑fund development, leaving project timelines and execution dependent on external capital. Over the medium term this increases dilution and execution risk if financing conditions tighten.
High LeverageElevated debt relative to a small equity base amplifies refinancing and covenant risk for a loss‑making developer. High leverage constrains operational flexibility, increases interest obligations, and heightens the chance that future financing must be expensive or dilutive, limiting capacity to fund capital‑intensive mine development without material shareholder dilution.
Persistent Negative Cash FlowOngoing negative operating and free cash flow indicate structural funding needs to sustain operations and progress projects. Persistent cash deficits over multiple years mean the company will rely on external financing for the foreseeable future, elevating execution risk and potential dilution; this is a durable constraint on scaling toward production.
Theta Gold Mines News
TGM FAQ
What was Theta Gold Mines Ltd.’s price range in the past 12 months?
Theta Gold Mines Ltd. lowest share price was AU$0.15 and its highest was AU$0.28 in the past 12 months.
What is Theta Gold Mines Ltd.’s market cap?
Theta Gold Mines Ltd.’s market cap is AU$234.78M.
When is Theta Gold Mines Ltd.’s upcoming earnings report date?
Theta Gold Mines Ltd.’s upcoming earnings report date is Sep 30, 2026 which is in 70 days.
How were Theta Gold Mines Ltd.’s earnings last quarter?
Theta Gold Mines Ltd. released its earnings results on Mar 15, 2026. The company reported -AU$0.007 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.007.
Is Theta Gold Mines Ltd. overvalued?
According to Wall Street analysts Theta Gold Mines Ltd.’s price is currently Overvalued.
Does Theta Gold Mines Ltd. pay dividends?
Theta Gold Mines Ltd. does not currently pay dividends.
What is Theta Gold Mines Ltd.’s EPS estimate?
Theta Gold Mines Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Theta Gold Mines Ltd. have?
Theta Gold Mines Ltd. has 1,304,336,300 shares outstanding.
What happened to Theta Gold Mines Ltd.’s price movement after its last earnings report?
Theta Gold Mines Ltd. reported an EPS of -AU$0.007 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 1.961%.
Which hedge fund is a major shareholder of Theta Gold Mines Ltd.?
Currently, no hedge funds are holding shares in AU:TGM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Theta Gold Mines Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
13.33%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
96.80%
Trailing 12-Months
Company Description
Theta Gold Mines Ltd.
Specializing in gold exploration and development, Theta Gold Mines Limited conducts its operations within South Africa. The Theta project, located near the town of Pilgrim's Rest in Mpumalanga Province, serves as its principal asset. Established in 2008, the company previously traded as Stonewall Resources Limited before rebranding to Theta Gold Mines Limited in December 2018. Its corporate headquarters are located in Sydney, Australia.
Technical Analysis
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