TNG Share Price and Company Fundamentals
Last traded: Today at 5:37 AM
TNG Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for iron ore, vanadium, titanium, nickel, and cobalt deposits. The company's flagship property is the Mount Peake project located to the north-west of Alice Springs in the Northern Territory. TNG Limited was incorporated in 1970 and is based in Subiaco, Australia.
|Primary activities||Resource and Mineral Processing Technology Company|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||22 Railway Road Suite 20 Subiaco WA 6008 Australia|
|Phone / Fax||61 8 9327 0900 / 61 8 9327 0901|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
TNG paid $0.00 dividend and the ex-dividend date was 02 Feb 2004.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TNG dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
TNG's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Aug 2022, following are the company executives and directors listed on TNG.
|Mr. Paul Edward Burton CIMB, FAEG, GAICD, M.S., MAusImm||MD, CEO & Director||537.37k|
|Mr. Jonathan Duirs Fisher BCom, FFin, GAICD, GDipAppFin, LLB, MAF||Chief Financial Officer||140.03k|
|Ms. Paula Raffo||Company Sec. and Investor & PR Exec.||169.39k|
|Mr. Jason Giltay B.Com.||Gen. Mang. of Commercial & Corp. Devel.||268.27k|
|Mr. Terry Allen Stark||Gen. Mang. of Mining Operations|
|Mr. Philippe Guillemaille||Gen. Mang. of Sales & Marketing|
|Ms. Helen Yang||Corp. Consultant|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of TNG is and its enterprise value is .
The TNG's stocks Beta value is 1.32 making it 32% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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TNG (ASX:TNG) Frequently Asked Questions
1. What is TNG's Stock Symbol?
TNG trades on ASX under the ticker symbol "TNG".
2. What is TNG's stock price today?
One share of TNG stock can currently be purchased for approximately $0.11.
3. How can I contact TNG?
TNG's mailing address is 22 Railway Road Suite 20 Subiaco WA 6008 Australia. The company can be reached via phone at 61 8 9327 0900.
4. What is TNG's official website?
The official website of TNG is https://www.tngltd.com.au.
5. Which share registry manages TNG's stock?
TNG's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.