Risk factor
High price volatility
Profitability factor
Greatly undervalued vs peers
About
Thungela Resources Limited specializes in the extraction and production of thermal coal within South Africa. The company maintains ownership interests in, and obtains its thermal coal from, seven separate mining operations situated in South Africa's Mpumalanga province. These operations comprise the Goedehoop, Greenside, Isibonelo, Khwezela, Zibulo, Mafube, and Rietvlei collieries. Furthermore, the firm distributes its products internationally, exporting to markets across India, Asia, Southeast Asia, the Middle East, and North Africa. Established in 1945, Thungela's headquarters are located in Johannesburg, South Africa.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued o
Target Price
The average target price of TGA.JO is 11321 and suggests 5.38% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda