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
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27 ZAR
3.59 B ZAR
35.55 B ZAR
125.31 M
About THUNGELA RESOURCES LTD
Sector
Industry
CEO
July Ndlovu
Website
Headquarters
Johannesburg
Founded
1945
ISIN
ZAE000296554
FIGI
BBG00ZYWDWF3
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
TGA.JSE Thungela Trend Cloud & FIB Study.Since it's last Earning Report - Thungela has shown a remarkable recover of it's Share Price.
I've plotted the Fibonacci Levels to see where we could encounter possible Resistance.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you apprecia
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
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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.
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Frequently Asked Questions
The current price of TGA is 9,873 ZAC — it has decreased by −0.07% in the past 24 hours. Watch THUNGELA RESOURCES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange THUNGELA RESOURCES LTD stocks are traded under the ticker TGA.
TGA stock has fallen by −0.07% compared to the previous week, the month change is a −12.91% fall, over the last year THUNGELA RESOURCES LTD has showed a −33.34% decrease.
We've gathered analysts' opinions on THUNGELA RESOURCES LTD future price: according to them, TGA price has a max estimate of 17,479.23 ZAC and a min estimate of 10,500.00 ZAC. Watch TGA chart and read a more detailed THUNGELA RESOURCES LTD stock forecast: see what analysts think of THUNGELA RESOURCES LTD and suggest that you do with its stocks.
TGA stock is 4.33% volatile and has beta coefficient of 0.38. Track THUNGELA RESOURCES LTD stock price on the chart and check out the list of the most volatile stocks — is THUNGELA RESOURCES LTD there?
Today THUNGELA RESOURCES LTD has the market capitalization of 12.68 B, it has decreased by −8.10% over the last week.
Yes, you can track THUNGELA RESOURCES LTD financials in yearly and quarterly reports right on TradingView.
THUNGELA RESOURCES LTD is going to release the next earnings report on Aug 25, 2025. Keep track of upcoming events with our Earnings Calendar.
TGA earnings for the last half-year are 15.55 ZAC per share, whereas the estimation was 13.86 ZAC, resulting in a 12.19% surprise. The estimated earnings for the next half-year are 6.64 ZAC per share. See more details about THUNGELA RESOURCES LTD earnings.
THUNGELA RESOURCES LTD revenue for the last half-year amounts to 18.80 B ZAC, despite the estimated figure of 20.13 B ZAC. In the next half-year revenue is expected to reach 15.87 B ZAC.
TGA net income for the last half-year is 2.30 B ZAR, while the previous report showed 1.29 B ZAR of net income which accounts for 78.67% change. Track more THUNGELA RESOURCES LTD financial stats to get the full picture.
THUNGELA RESOURCES LTD dividend yield was 9.72% in 2024, and payout ratio reached 48.58%. The year before the numbers were 13.00% and 53.10% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. THUNGELA RESOURCES LTD EBITDA is 6.13 B ZAR, and current EBITDA margin is 17.25%. See more stats in THUNGELA RESOURCES LTD 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 LTD 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 LTD 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 LTD stock shows the sell signal. See more of THUNGELA RESOURCES LTD 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.