54MEDIUM

TGM

THETA FPO [TGM]
Theta Gold Mines Limited engages in the gold exploration and development business in South Africa. The company's flagship project is the TGME Gold Mine project located in South Africa. The company was formerly known as Stonewall Resources Limited and changed its name to Theta Gold Mines Limited in December 2018. Theta Gold Mines Limited was incorporated in 2008 and is based in Sydney, Australia.
Basic Materials · ASX Small Cap
$0.2050 -2.4%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +5First seen: 2026-02-25

Score Breakdown

Technical54
Catalyst56
Sentiment50
Fundamental66
Momentum75
Risk Gate50
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Pre-revenue with moderate cash ($10-30M)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 104% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.77%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Theta Gold Locks in Key Crushing & Screening Plant Contract
NONE Half-Year Accounts as at 31 December 2025
NONE Update - S&P DJI March 2026 Rebalance of the All Ordinaries
HIGH Notice of change of interests of substantial holder

Recent ASX Announcements

2026-03-19 Theta Gold Locks in Key Crushing & Screening Plant Contract PRICE SENSITIVE
2026-03-15 Half-Year Accounts as at 31 December 2025
2026-03-12 Notice of change of interests of substantial holder
2026-03-10 Update - S&P DJI March 2026 Rebalance of the All Ordinaries PRICE SENSITIVE
2026-03-06 S&P DJI Announces March 2026 Quarterly Rebalance PRICE SENSITIVE

Key Metrics

$237.1M
Market Cap
664K
Avg Volume
0.8x
Vol Ratio
$0.12 — $0.28
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-8.3%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 60%
LLeader vs LaggardpassRS: 4
IInstitutional SponsorshipweakInst: 4%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #38 of 558 · Sector avg: 46

View all Basic Materials signals →
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Compare:TGM vs SLSTGM vs CUFTGM vs ELV
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