Our opinion on the current state of THUNGELA(TGA)Thungela (TGA) is Anglo American's coal assets which have been unbundled into the hands of Anglo shareholders and separately listed on the JSE and the LSE because of Anglo's policy of moving away from carbon-based fossil fuels like coal. Anglo sold its last 8% of Thungela on 25th March 2022 for R1,6
Thungela Resources Limited
No trades
No trades
−56 ZAR
−7.08 B ZAR
29.60 B ZAR
103.91 M
Next report date
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Report period
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EPS estimate
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Revenue estimate
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Profile
Sector
Industry
CEO
Moses Madondo
Website
Headquarters
Johannesburg
Founded
1945
IPO date
Jun 7, 2021
ISIN
ZAE000296554
FIGI
BBG00ZYWDWF3
Identifiers
ISIN ZAE000296554
Thungela Resources Ltd. engages in the production and marketing of thermal coal reserves. It operates through the South Africa and Australia geographical segments. The South Africa segment includes the opencast, underground, and services. The Australia segment refers to underground which mining operations undertaken in an underground mine where coal is extracted at Ensham, as well as the operations providing various services to support the mining operations in that country. The company was founded in 1945 and is headquartered in Johannesburg, South Africa.
Our opinion on the current state of THUNGELA(TGA)Thungela (TGA) is Anglo American's coal assets which has been unbundled into the hands of Anglo shareholders and separately listed on the JSE and the LSE because of Anglo's policy of moving away from carbon-based fossil fuels like coal. Anglo sold its last 8% of Thungela on 25th March 2022 for R1,67
Our opinion on the current state of THUNGELA(TGA)Thungela (TGA) represents Anglo American's former coal assets, which were unbundled and separately listed on the JSE and LSE to align with Anglo's policy of divesting from carbon-based fossil fuels. Anglo sold its final 8% stake in Thungela on 25th March 2022 for R1.67 billion. Thungela is a signifi
Thungela Resources Thungela Resources. I will build into it for a trade.
In the short-term, it could fall to R108,00, but I'm expecting it to return 20%-40% over the next 6 months.
It looks to me, and I'm no professional, that it made a double bottom at a previous resistance turned support. If it does fall in the
Our opinion on the current state of THUNGELA(TGA)Thungela (TGA) is Anglo American's coal assets which have been unbundled into the hands of Anglo shareholders and separately listed on the JSE and the LSE because of Anglo's policy of moving away from carbon-based fossil fuels like coal. Anglo sold its last 8% of Thungela on 25th March 2022 for R1.6
Our opinion on the current state of TGAThungela (TGA) represents Anglo American's coal assets, which were unbundled into the hands of Anglo shareholders and separately listed on the JSE and the LSE due to Anglo's policy of transitioning away from carbon-based fossil fuels like coal. Anglo completed the sale of its final 8% stake in Thung
Our opinion on the current state of TGAThungela Resources Ltd. (TGA), a spin-off from Anglo American's coal division, has positioned itself as a significant player in the thermal coal export market, with a strong focus on the Asian, Indian, Southeast Asian, and East and North African markets. The unbundling of Thungela from Anglo America
$JSETGA - Thungela: Follow The Coal Futures, More Downside AheadSee link below for previous analysis.
Wave (C) is proving to be more extended to the downside.
I have updated the wave count and moved wave 3 of (C) to the 12350 bottom followed by a flat pattern for wave 4.
Wave 5 is currently unfolding and looks impulsive so I am expecting further downside in the
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of TGA is 9,610 ZAC — it has increased by 6.66% in the past 24 hours. Watch Thungela Resources Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange Thungela Resources Limited stocks are traded under the ticker TGA.
TGA stock has risen by 3.58% compared to the previous week, the month change is a −31.65% fall, over the last year Thungela Resources Limited has showed a 9.49% increase.
We've gathered analysts' opinions on Thungela Resources Limited future price: according to them, TGA price has a max estimate of 25,000.00 ZAC and a min estimate of 6,000.00 ZAC. Watch TGA chart and read a more detailed Thungela Resources Limited stock forecast: see what analysts think of Thungela Resources Limited and suggest that you do with its stocks.
TGA stock is 7.15% volatile and has beta coefficient of −1.71. Track Thungela Resources Limited stock price on the chart and check out the list of the most volatile stocks — is Thungela Resources Limited there?
Today Thungela Resources Limited has the market capitalization of 12.18 B, it has decreased by −6.89% over the last week.
Yes, you can track Thungela Resources Limited financials in yearly and quarterly reports right on TradingView.
Thungela Resources Limited is going to release the next earnings report on Aug 17, 2026. Keep track of upcoming events with our Earnings Calendar.
TGA earnings for the last half-year are −8.39 ZAC per share, whereas the estimation was 4.13 ZAC, resulting in a −303.15% surprise. The estimated earnings for the next half-year are 4.36 ZAC per share. See more details about Thungela Resources Limited earnings.
Thungela Resources Limited revenue for the last half-year amounts to 14.79 B ZAC, despite the estimated figure of 13.92 B ZAC. In the next half-year revenue is expected to reach 14.02 B ZAC.
TGA net income for the last half-year is −7.34 B ZAR, while the previous report showed 254.00 M ZAR of net income which accounts for 0.00% change. Track more Thungela Resources Limited financial stats to get the full picture.
Yes, TGA dividends are paid semi-annually. The last dividend per share was 2.00 ZAR. As of today, Dividend Yield (TTM)% is 13.53%. Tracking Thungela Resources Limited dividends might help you take more informed decisions.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Thungela Resources Limited EBITDA is 1.53 B ZAR, and current EBITDA margin is 5.16%. See more stats in Thungela Resources Limited financial statements.
Like other stocks, TGA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Thungela Resources Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Thungela Resources Limited technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Thungela Resources Limited stock shows the sell signal. See more of Thungela Resources Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









