Added to YB: 2026-07-01
Pitch date: 2026-06-29
TGA.L [neutral]
Thungela Resources Limited
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia.
Market Cap
ZAR 12.6B
Pitch Price
N/A
Price Target
N/A
Dividend
4.05%
EV/EBITDA
4.37
P/E
-1.81
EV/Sales
0.23
Sector
Oil, Gas and Consumable Fuels
Category
value
Oak Bloke Bonkers Conkers Clonkers 28th June 2026 - Thungela Resources Limited
TGA.L (update): South African/Australian coal miner at £580m cap, ~half its 2026 812p high. Coal prices +35% YoY in 1H26, demand robust on global power capacity & China +3.4% coal gen; Indonesia supply disrupted. Est £50-75m net profit = 4-6x P/E, double-digit div possible. Pre-close update Tue.
Read full article (1 min)