Confident Investing Starts With TipRanks Premium

Get 55% Off
TipRanks
Go Ultimate55% OFF

Theta Gold Mines (TGM) Price & Analysis

TGM Stock Chart & Stats

A$0.20A$0.01(2.63%)
At close: 4:00 PM EDT
AUD 0.18AUD 0.19AUD 0.23 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
AUD 0.19 - AUD 0.20
52-Week Range
AUD 0.15 - AUD 0.25
Previous Close
AUD 0.19
Volume
26.62K
Average Volume (3M)
120.53K
Market Cap
AUD 268.34M
Enterprise Value
AUD 348.96M
Total Cash (Recent Filing)
AUD 9.00M
Total Debt (Recent Filing)
AUD 90.44M
Price to Earnings (P/E)
―
Beta
1.02
Next Earnings
Mar 17, 2027
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Balance-sheet Repair

The return to positive equity provides a constructive foundation after the negative-equity period in 2023–2024. Although leverage remains elevated, this repair may improve financial resilience and support continued project advancement if funding needs are managed carefully.

Reduced 2026 Net Loss

A smaller net loss in 2026 suggests some cost tightening and improved expense control, even though the company remains unprofitable. If maintained, this trend could slow cash consumption and improve operating discipline while the assets progress toward development.

Defined Gold Development Platform

Theta Gold Mines has a defined development strategy focused on a concentrated South African gold project portfolio. Progress across resource definition, permitting, mine planning, and processing infrastructure creates a coherent pathway toward potential future production.

Bears Say

No Commercial Revenue

The absence of revenue through 2026 confirms that the company has not yet reached commercial operating scale. This leaves future value dependent on successful development and eventual production, while providing no established sales base to fund ongoing corporate and project costs.

Persistent Unprofitability

Losses at every major profit level indicate that the current business does not yet generate earnings from operations. Persistent unprofitability limits internally funded growth and increases dependence on external capital until commercial production and positive margins are achieved.

High Leverage And Worsening Cash Burn

Rising debt combined with larger operating and free-cash-flow losses increases financing risk for a pre-revenue company. The resulting pressure can reduce flexibility, make future funding more consequential, and constrain the pace of project development before self-funding begins.

Theta Gold Mines News

TGM FAQ

What was Theta Gold Mines’s price range in the past 12 months?
Theta Gold Mines lowest share price was AU$0.15 and its highest was AU$0.25 in the past 12 months.
What is Theta Gold Mines’s market cap?
Theta Gold Mines’s market cap is AU$268.34M.
When is Theta Gold Mines’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Theta Gold Mines’s earnings last quarter?
Theta Gold Mines released its earnings results on Sep 30, 2026. The company reported AU$0.002 earnings per share for the quarter.
Is Theta Gold Mines overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Theta Gold Mines pay dividends?
Theta Gold Mines does not currently pay dividends.
What is Theta Gold Mines’s EPS estimate?
Theta Gold Mines’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Theta Gold Mines have?
Theta Gold Mines has 1,376,105,100 shares outstanding.
What happened to Theta Gold Mines’s price movement after its last earnings report?
Theta Gold Mines reported an EPS of AU$0.002 in its last earnings report. Following the earnings report the stock price went up 2.778%.
Which hedge fund is a major shareholder of Theta Gold Mines?
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