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Thungela Resources/£TGA

1D1W1M3M6MYTD1Y5YMAX

About Thungela Resources

Ticker
£TGA
Sector
Energy
Primary listing
LSE
Employees
-
Headquarters
Johannesburg, South Africa

TGA Metrics

BasicAdvanced
£734M
-
-£2.12
-1.12
£0.34
6.29%

What the Analysts think about TGA

Analyst ratings (Buy, Hold, Sell) for Thungela Resources stock.
Analyst projections of the future price of Thungela Resources stock.

Bulls say / Bears say

Thungela generated R1.9 billion of adjusted operating free cash flow in the first half and ended June with R6.1 billion of net cash. It declared an interim dividend of R5.50 per share, giving it capacity to fund operations and return cash to shareholders. (Thungela Resources)
Export saleable production rose 6% to 8.5 million tonnes and export sales increased 12% to 9.5 million tonnes, helped by better rail performance. Management kept its full-year production guidance, so further improvement could support volumes if the stronger second half arrives as planned. (Thungela Resources)
Ensham’s first-half production rose to 2.2 million tonnes from 1.6 million, while its unit costs fell below guidance. Reuters reported that Thungela is studying ways to expand the Australian operation, which could add growth beyond its South African business. (Thungela Resources, Reuters)
First-half EPS of R10.95 included a R1.0 billion non-cash gain from selling the Kleinkopje mining right, so it overstates recurring earnings. A rand that was 11% stronger against the US dollar also weighed on revenue. (Thungela Resources)
South African export production slipped to 6.3 million tonnes from 6.4 million a year earlier, while unit costs rose to R1,374 per tonne from R1,264. The full-year plan depends on a stronger second half, with management citing conveyor and support-service problems at Zibulo. (Thungela Resources, Thungela Resources)
Thungela remains exposed to volatile coal prices, and its own outlook flags subdued demand growth and substantial inventories as possible limits on prices. Sales also captured less than benchmark prices: South African coal averaged a 15.7% discount, while Ensham’s earlier fixed-price contracts left it 13.3% below its benchmark. (Thungela Resources)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.

TGA Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

TGA Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.