Thungela Resources (LON:TGA) Sets New 52-Week Low – Time to Sell?

Posted by Alanna Baker on Mar 31st, 2025

Shares of Thungela Resources Limited (LON:TGA – Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 427.65 ($5.53) and last traded at GBX 429.98 ($5.56), with a volume of 190449 shares changing hands. The stock had previously closed at GBX 450.20 ($5.82).

Thungela Resources Stock Down 4.4 %

The company has a 50-day moving average of GBX 513.87 and a two-hundred day moving average of GBX 529.92. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.89 and a quick ratio of 3.53. The company has a market capitalization of £13.57 billion, a PE ratio of 4.15 and a beta of -0.87.

Thungela Resources Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 46.48 ($0.60) per share. This is a boost from Thungela Resources’s previous dividend of $8.60. This represents a dividend yield of 9.41%. The ex-dividend date is Thursday, April 24th. Thungela Resources’s payout ratio is presently 16.40%.

Thungela Resources Company Profile

(Get Free Report)

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery.