How does TGM's PB Ratio compare to its peers?

TGM has negative equity and a Price-To-Book Ratio (-43x) compared to the peer average (3.8x).

How does TGM's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

TGM has negative equity and a Price-To-Book Ratio (-43x) compared to the Australian Metals and Mining industry average (1.1x).

What is TGM's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate TGM's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of TGM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate TGM's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Theta Gold Mines (CHIA:TGM) - Stock Price, News & Analysis

TGM Stock Overview

Engages in the gold exploration and development business in South Africa. More details

TGM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Negative shareholders equity

Earnings have declined by 7% per year over past 5 years

Makes less than USD$1m in revenue ($0)

Shareholders have been diluted in the past year

+ 1 more risk

Theta Gold Mines Limited Competitors

Polymetals Resources

ASX:POL

AU$136.3m

Ten Sixty Four

ASX:X64

AU$129.9m

Astral Resources

ASX:AAR

AU$150.5m

Ausgold

ASX:AUC

AU$153.2m

Price History & Performance

Summary of all time highs, changes and price drops for Theta Gold Mines
Historical stock prices
Current Share Price	AU$0.18
52 Week High	AU$0.20
52 Week Low	AU$0.095
Beta	0.54
11 Month Change	-5.26%
3 Month Change	24.14%
1 Year Change	33.33%
33 Year Change	-2.70%
5 Year Change	2.86%
Change since IPO	-90.00%

Recent updates

Shareholder Returns

	TGM	AU Metals and Mining	AU Market
7D	0%	0.1%	1.2%
1Y	33.3%	-9.9%	19.7%

Return vs Industry: TGM exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: TGM exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is TGM's price volatile compared to industry and market?
TGM volatility
TGM Average Weekly Movement	10.5%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: TGM has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: TGM's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	n/a	n/a	www.thetagoldmines.com

Theta Gold Mines Limited engages in the gold exploration and development business in South Africa. Its principal property is the Theta project located near the town of Pilgrim’s Rest in Mpumalanga Province. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018.

Theta Gold Mines Limited Fundamentals Summary

How do Theta Gold Mines's earnings and revenue compare to its market cap?
TGM fundamental statistics
Market cap	AU$140.25m
Earnings (TTM)	-AU$9.82m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-14.3x

P/E Ratio

Is TGM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TGM income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$6.39m
Earnings	-US$6.39m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0082
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-836.7%

How did TGM perform over the long term?

See historical performance and comparison

TGM Stock Overview

Risk Analysis

Theta Gold Mines Limited Competitors

ASX:POL

AU$136.3m

ASX:X64

AU$129.9m

ASX:AAR

AU$150.5m

ASX:AUC

AU$153.2m

Price History & Performance

Recent News & Updates

Theta Gold Mines Limited, Annual General Meeting, Nov 29, 2024

New minor risk - Financial data availability

New minor risk - Shareholder dilution

Theta Gold Mines Limited, Annual General Meeting, Oct 28, 2024

Theta Gold Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.996255 million.

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 6.015895 million.

Recent updates

Theta Gold Mines Limited, Annual General Meeting, Nov 29, 2024

New minor risk - Financial data availability

New minor risk - Shareholder dilution

Theta Gold Mines Limited, Annual General Meeting, Oct 28, 2024

Theta Gold Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.996255 million.

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 6.015895 million.

Theta Gold Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 15.199878 million.

Theta Gold Mines Limited, Annual General Meeting, Nov 28, 2023

New major risk - Negative shareholders equity

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

Simon Liu Resigns from Theta Gold Mines Limited as Non-Executive Director

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.7 million.

Theta Gold Mines Limited Announces Resignation of Finn Behnken as Non-Executive Director

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 2.3 million.

Theta Gold Mines Limited Underground Mine Feasibility Study Information Booklet

Theta Gold Mines Limited Advises Permitting Update on Tgme Underground Gold Project

Theta Gold Mines Limited Provides Update on the MR 83 Gold Processing Plant

Theta Gold Mines Limited Provides Update on the MR 83 Gold Processing Plant

Theta Gold Mines Limited announced that it has received AUD 1.482 million in funding

Theta Gold Mines Limited Announces Permitting Update for TGME Underground Gold Project

Theta Gold Mines Limited Provides an Update on the Progress Made for the Feasibility Study

Theta Gold Mines Limited Announces DFS Update and High Grade Ore Sweeped from New Historical Mines

Theta Gold Mines Limited Announces Incorporation of Rietfontein Mine into TGME Underground DFS

Theta Gold Mines Limited (ASX:TGM) made an offer to acquire Focus Minerals Limited (ASX:FML).

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.

Non Independent & Non-Executive Director Robert Thomson has left the company

Theta Gold Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 2.666 million.

CFO & Company Secretary Chin Lim has left the company

Theta Gold Mines Limited Announces Development Update - TGME Underground Projects

Theta Gold Mines Limited announced that it has received AUD 4.0479 million in funding

Theta Gold Mines Limited announced that it expects to receive AUD 3.13265 million in funding

Theta Gold Mines Limited Announces Appointment of Jan Bronkhorst as Project Portfolio Manager

Theta Gold Targeting A Substantial Increase in Its Global Mining Reserves by First Quarter 2021 with the Inclusion of Near Surface Underground Ore

Theta Gold Mines Limited Announces Bulk Metallurgical Results for Underground Pre-feasibility Study

Theta Gold Mines Limited announced that it expects to receive AUD 4.0001 million in funding