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
$0.1850 +2.8%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD just crossed bullish — momentum is shifting to the upside
  • Stochastic just turned bullish from a low level — early reversal sign
  • Volume surging at 2.2x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Cash positive / operating cashflow positive
  • Pre-revenue with moderate cash ($10-30M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.42%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Initial Director's Interest Notice - Ching (Sharon) Iu
NONE TGM Announces Board Appointment
NONE Cleansing Notice
Announcement tone +3pts

Recent ASX Announcements

2026-07-10 Initial Director's Interest Notice - Ching (Sharon) Iu
2026-07-10 TGM Announces Board Appointment
2026-07-03 Cleansing Notice
2026-07-03 Application for quotation of securities - TGM
2026-07-03 Application for quotation of securities - TGM

Key Metrics

$241.3M
Market Cap
198K
Avg Volume
2.2x
Vol Ratio
$0.15 — $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: 56%
LLeader vs LaggardlaggardRS: -6
IInstitutional SponsorshipweakInst: 4%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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