Thungela Resources Limited (JSE:TGA)

South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
13,366
+646 (5.08%)
Jun 12, 2026, 5:00 PM SAST
Market Cap16.97B +40.3%
Revenue (ttm)29.60B -16.7%
Net Income-7.09B
EPS-54.64
Shares Out 126.99M
PE Ration/a
Forward PE4.15
Dividend4.00 (3.14%)
Ex-Dividend DateApr 15, 2026
Volume573,027
Open12,518
Previous Close12,720
Day's Range12,200 - 13,553
52-Week Range7,310 - 18,061
Beta-1.16
AnalystsSell
Price Target11,825.00 (-11.53%)
Earnings DateAug 17, 2026

About Thungela Resources

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including Greenside colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Annea colliery. The company also holds 100% of the Ensham Mine located in Queensland, Australia. It also exports its products to Southeast Asian, the Middle East, and African markets. Thu... [Read more]

Industry Thermal Coal
Sector Energy
Founded 1945
Country South Africa
Stock Exchange Johannesburg Stock Exchange
Ticker Symbol TGA
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for TGA stock is "Sell." The 12-month stock price target is ZAC 11,825, which is a decrease of -11.53% from the latest price.

Price Target
ZAC 11,825
(-11.53% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Thungela Resources Transcript: AGM 2026

The AGM highlighted strong operational performance, consistent dividend payments, and a successful leadership transition. All resolutions were passed, and the company reaffirmed its ESG commitments, including emission reduction targets and responsible mine closure.

7 days ago - Transcripts

Thungela Resources Earnings Call Transcript: H2 2025

Exportable saleable production exceeded guidance, but lower coal prices and currency headwinds led to a net loss and significant impairments. Shareholder returns totaled ZAR 701m, with disciplined capital allocation and robust cash reserves maintained.

2 months ago - Transcripts

Thungela Resources Annual report: H2 2025

Thungela Resources has published its H2 2025 annual report on March 23, 2026.

2 months ago - Filings

Thungela Resources Slides: H2 2025

Thungela Resources has posted slides in relation to its H2 2025 quarterly earnings report, which was published on March 23, 2026.

2 months ago - Filings

Thungela Resources Annual report: H2 2025

Thungela Resources has published its H2 2025 annual report on March 23, 2026.

2 months ago - Filings

Thungela Resources Earnings release: H2 2025

Thungela Resources released its H2 2025 earnings on March 2, 2026, summarizing the period's financial results.

3 months ago - Filings

Thungela Resources Transcript: Trading Update

Production is set to exceed guidance in 2025, with strong operational performance and improved rail logistics. Lower coal prices and a strong rand have pressured margins, but cost control, asset sales, and portfolio optimization are supporting financial resilience.

6 months ago - Transcripts

Thungela Resources Press release: Trading Update

Thungela Resources issued a press release on December 9, 2025, disclosing material business information to investors.

6 months ago - Filings

Thungela Resources Earnings Call Transcript: H1 2025

Interim results show lower earnings and margins due to weaker coal prices and FX headwinds, but a strong balance sheet enabled continued shareholder returns and investment in strategic projects. Production guidance is maintained, with H2 expected to improve as weather and operational challenges subside.

10 months ago - Transcripts

Thungela Resources Quarterly report: H1 2025

Thungela Resources has published its H1 2025 quarterly earnings report on August 18, 2025.

10 months ago - Filings

Thungela Resources Slides: H1 2025

Thungela Resources has posted slides in relation to its H1 2025 quarterly earnings report, which was published on August 18, 2025.

10 months ago - Filings

Thungela Resources Transcript: Trading Update

Operational performance remained resilient despite softer prices and weather-related challenges, with export production up in South Africa and LIFEX projects progressing on schedule. Currency hedges and disciplined capital allocation support a strong cash position, while infrastructure improvements and a robust dividend policy underpin positive H2 expectations.

1 year ago - Transcripts

Thungela Resources Earnings release: Trading Update

Thungela Resources released its earnings on June 26, 2025, summarizing the period's financial results.

1 year ago - Filings

Glencore stock: Lessons from Anglo American and Thungela Resources

Glencore (LON: GLEN) share price has moved sideways in the past few months as investors focus on the company's change of strategy and its implication. The stock was trading at 450p on Friday, its lowe...

2 years ago - Invezz

3 coal stocks to buy as global demand outpaces supply

Coal prices have been in a strong bullish trend in the past few months as demand continues to outpace supply. Prices have jumped by more than 120% in the past 12 months and analysts expect that this t...

4 years ago - Invezz