Theta Gold Mines (TGM) AI Stock Analysis

• Market Cap: AU$118.72M
• Dividend Yield: N/A
• Average Volume (3M): 67.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: N/A
• EPS Growth: -51.16%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 879,428,650
• 10 Day Avg. Volume: 104,753
• 30 Day Avg. Volume: 67,249
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.47
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 10.00T>
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Theta Gold Mines Ltd.'s stock is rated poorly due to its weak financial performance characterized by a lack of revenue, high debt levels, and negative cash flow. The technical analysis suggests a bearish trend, further lowering the stock's attractiveness. The valuation metrics, including a negative P/E ratio and absence of dividends, reflect the financial struggles, resulting in a low overall score.

Theta Gold Mines Business Overview & Revenue Model

Company Description

Theta Gold Mines Ltd. (TGM) is a gold exploration and mining company primarily focused on developing and operating its flagship Theta Project located in the Eastern Transvaal Gold Fields of South Africa. The company is engaged in exploring, mining, and processing gold resources, with a strategic emphasis on projects that have potential for high returns on investment. Theta Gold Mines aims to maximize the extraction and production of gold through innovative technologies and sustainable practices.

How the Company Makes Money

Theta Gold Mines Ltd. generates revenue through the exploration, mining, and sale of gold. The company's primary revenue stream is derived from the production and sale of gold extracted from its various mining operations, particularly the Theta Project. As part of its business model, TGM invests in exploration activities to identify and develop new gold reserves, enhancing its production capacity and potential future earnings. The company may also engage in strategic partnerships or joint ventures with other mining entities to optimize resource utilization and expand its market presence. Global gold market prices heavily influence the company's revenue, as fluctuations can impact profitability. Furthermore, Theta Gold Mines focuses on cost-efficient mining practices to maximize margins and sustain its competitive position in the industry.

Theta Gold Mines Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
―	-1.15M	-605.36K	―	-32.04K
	EBIT
―	-6.27M	-5.84M	―	―
	EBITDA
―	-6.70M	-7.50M	―	―
	Net Income Common Stockholders
―	-10.45M	-10.53M	―	―
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.59M	2.88M	31.99K	―	―
	Total Assets
23.80M	29.45M	28.87M	19.37M	13.97M
	Total Debt
17.74M	20.07M	17.31M	―	―
	Net Debt
15.15M	17.19M	17.28M	―	―
	Total Liabilities
25.92M	30.48M	21.87M	10.68M	―
	Stockholders Equity
―	-1.03M	7.01M	―	―
Cash Flow		Free Cash Flow
-1.72M	-5.61M	-10.69M	―	―
	Operating Cash Flow
0.00	-4.16M	-6.44M	―	―
	Investing Cash Flow
-2.59M	-786.44K	-5.07M	―	―
	Financing Cash Flow
7.71M	7.77M	11.27M	―	―

Theta Gold Mines Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:TGM, the sentiment is Neutral. The current price of 0.14 is above the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.15, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.66 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:TGM.

Theta Gold Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMS	82 Outperform	$3.26B	8.58	26.42%	3.19%	54.37%	310.22%
NST	78 Outperform	$28.52B	23.29	11.01%	2.64%	25.11%	28.88%
EVN	75 Outperform	$16.97B	23.37	16.97%	1.50%	60.56%	302.20%
RRL	74 Outperform	$3.51B	―	-0.38%	―	29.83%	93.23%
Sector *	49 Neutral	$1.94B	-1.18	-21.28%	3.73%	1.05%	-29.44%
TGM	25 Underperform	AU$118.72M	―	-598.46%	―	―	-51.16%

Theta Gold Mines Corporate Events

Theta Gold Mines Advances TGME Gold Processing Plant Development

Theta Gold Mines Limited has commenced key pre-construction activities for its TGME Gold Processing Plant, marking a significant step towards becoming a near-term gold producer. The company has completed the final design and engineering packages, with procurement and construction contracts in the final stages, indicating substantial progress in its operational plans.

Theta Gold Mines Secures Investment Boost from Pensworth Holdings

Theta Gold Mines Limited announced that Pensworth Holdings Limited, a significant investor, has exercised 30 million unlisted options into ordinary shares, raising funds for the TGME Gold Mine Project in South Africa. The funds will be used for equipment purchases, staff training, and site preparation, reflecting investor confidence and supporting the company’s strategic growth in the gold mining sector.

Theta Gold Mines Issues 30 Million New Shares

Theta Gold Mines Limited has announced the issuance of 30,000,000 fully paid ordinary shares following the conversion of options at an exercise price of $0.12, with an expiry date of March 31, 2025. This strategic move, executed without the need for disclosure under Part 6D.2 of the Corporations Act, reflects the company’s compliance with relevant legal provisions and suggests a potential strengthening of its capital structure, which may impact its operational capabilities and market positioning.

Theta Gold Mines Issues 30 Million New Securities

Theta Gold Mines Limited has announced the issuance of 30 million ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its capital base, potentially impacting its operational capabilities and market positioning positively.

Theta Gold Mines Secures AU$3.6 Million Investment to Boost South African Project

Theta Gold Mines Limited announced that Pensworth Holdings Limited, a significant investor, has exercised 30 million unlisted options into fully paid ordinary shares, raising AU$3.6 million. This capital will be used to advance the TGME Gold Mine Project in South Africa, including mine design and plant engineering development. The move signifies strong investor confidence in Theta Gold’s operations and supports its strategic focus on expanding its gold production capabilities in the region.

Theta Gold Mines Releases Half-Year Financial Report

Theta Gold Mines Limited, listed on the ASX under the ticker TGM, has released its half-year financial report for the six months ending December 31, 2024. The report provides insights into the company’s financial performance and strategic direction. The release of this financial report is crucial for stakeholders as it offers a detailed view of the company’s financial health and operational progress, which can influence investor decisions and market positioning.