African Stock Exchanges

TGA - Thungela Resources Ltd

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TGA share price on Johannesburg Stock ExchangeTGA share price on Johannesburg Stock Exchange

Thungela Resources Limited is a leading South African coal mining company focused exclusively on thermal coal production. As one of the largest pure-play producers and exporters of thermal coal in the country, based on aggregate coal reserves and marketable coal production, Thungela offers investors access to a high-quality thermal coal business with low cash cost and high-margin assets. South Africa is the fourth-largest producer of thermal coal globally, serving the growing power demand from India and other countries in South Asia, and potentially also the Middle East and North Africa. Thungela Resources thus focuses on exporting its thermal coal portfolio mainly to India and other developing countries in South Asia.

Thungela Resources Ltd was formed when the South African Thermal Coal Operations demerged from Anglo American and listed on the JSE and LSE in June 2021. The company owns interests in, and produces thermal coal predominantly from, seven collieries located in Mpumalanga, South Africa, namely, the Goedehoop, Greenside, Isibonelo, Khwezela, Zibulo, Mafube, and Rietvlei collieries, which consist of both underground and opencast mines. Thungela also holds a 50% interest in Phola, which owns and operates the Phola Coal Processing Plant, and a 23.22% indirect interest in Richards Bay Coal Terminal, one of the world’s leading coal export terminals, with an advanced 24-hour operation and a design capacity of 91 Mtpa.

TGA33.86 ▴ 2.35 (7.46%)
1 hour ago
Live Trading FeedGrowth & Valuation
Opening Price:--Earnings Per Share:--
Day's Low Price:31.10Price/Earning Ratio:--
Day's High Price:35.19Dividend Per Share:--
Traded Volume:1,003,335Dividend Yield:--
Number of Deals:834Shares Outstanding:136.31m
Value/Turnover:33.95mMarket Capitalization:4.30b
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

TGA Stock Market Performance

1WK4WK3MO6MO1YRYTD
+8.66%+43.88%+43.88%+43.88%+43.88%+43.88%

The current share price of Thungela Resources Ltd (TGA) is ZAR 31.51. The TGA stock closed its last trading day (Monday, June 21, 2021) at 31.51 ZAR per share on the Johannesburg Stock Exchange, recording a 2.72% drop from its previous closing price of 32.39 ZAR. TGA closed its IPO day (June 7, 2021) with a share price of 21.90 ZAR and has since gained 43.88% on that price valuation, ranking it 67th on the JSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of Thungela Resources Ltd on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2021-06-21845,41731.51-0.882.72%
2021-06-185,632,14532.39+0.411.28%
2021-06-176,560,33231.98+3.7813.40%
2021-06-154,969,37128.20+0.863.15%
2021-06-143,234,28327.34-1.665.72%
2021-06-114,512,21629.00+3.6014.17%
2021-06-107,782,37425.40-0.291.13%
2021-06-094,649,21825.69-3.2611.26%
2021-06-083,792,41928.95+7.0532.19%
2021-06-075,551,25421.90----

Profile of Thungela Resources Limited

Thungela Resources Limited was founded on January 5, 2021 and operates in the Oil & Gas sector, specifically, the Alternative Energy industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.

Factsheet of Thungela Resources Limited
Sector:
Oil & Gas
Industry:
Alternative Energy
Address:
25 Bath Avenue, Rosebank, Johannesburg, 2196, South Africa
Telephone:
+27-11-683-0237, +27-11-683-7218
Email:
ryan.africa@thungela.com
Website:
www.thungela.com

TGA Industrial Market Competitors

Thungela Resources Limited, issuers of the TGA stock on the Johannesburg Stock Exchange, have three market competitors who are also engaged in the Oil & Gas sector and/or Alternative Energy industry. The table below gives you an overview of their market standing.

CodeNameMkt. Cap.L. PriceYearTD
RENRenergen Limited2.43b20.65+65.9%
MKRMontauk Renewables Inc16.94b120.16-24.4%
OAOOando Plc1.86b0.15-25.0%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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