Theta Gold Mines Ltd
ASX:TGM
Prices of ASX stocks are not being updated. The latest TGM price on Alpha Spread is from Oct 14, 2026. Financials, forecasts and intrinsic value keep updating.
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Theta Gold Mines Ltd
ASX:TGM
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AU |
Intrinsic Value
The intrinsic value of Theta Gold Mines Ltd (TGM) under the Base Case is 0.0025 AUD per share.
Compared with the last price of 0.1875 AUD on Oct 14, the stock appears
Overvalued by 99% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Theta Gold Mines Does
Theta Gold Mines Ltd is a gold development company focused on bringing gold projects in South Africa into production. Its main asset is a group of historic gold mines and nearby exploration targets in the Eastern Transvaal Goldfields, where it works to define ore bodies, build mining plans, and advance the project toward mining.
- Headquarters
- Australia AU
- IPO date
- Apr 7, 2011
Earnings Waterfall
Theta Gold Mines Ltd
The intrinsic value for Theta Gold Mines Ltd (TGM) under the Base Case is 0.0025 AUD.
Compared with the last price of 0.1875 AUD on Oct 14, the stock appears Overvalued by 99% .