ZAforexThungela Resources share price chart
About Thungela Resources
Thungela Resources was spun out of Anglo American in 2021 and produces export thermal coal in Mpumalanga, mainly shipped through Richards Bay. It also owns the Ensham mine in Australia.
| Detail | |
|---|---|
| JSE code | JSE: TGA |
| Sector | Coal mining |
| Currency | Rand (the JSE quotes shares in cents: 12,345c = R123.45) |
| Trading hours | 09:00–16:50 SAST continuous trading, then a closing auction to about 17:00, Monday to Friday |
What moves the Thungela Resources share price?
- The Richards Bay export coal price.
- Transnet Freight Rail volumes to the port.
- The rand.
- Dividends and buy-backs, which are large when coal prices are high.
How to buy Thungela Resources shares in South Africa
You can buy JSE shares through any stockbroker or investing app, including bank share-trading platforms and low-cost apps. You can also hold them in a tax-free savings account (TFSA) if your provider allows direct shares. Check brokerage, the minimum order and annual custody fees, and remember that share prices can fall as well as rise. Dividends from SA companies are subject to 20% dividends withholding tax.
Frequently asked questions
What is the Thungela Resources share price today?
The delayed price in rand is shown at the top of this page, updated every 15 minutes during JSE trading hours (09:00–17:00 SAST on weekdays).
What is Thungela Resources's JSE code?
Thungela Resources trades on the JSE under the code TGA, often written "JSE: TGA" or "TGA:SJ".
Why is the Thungela Resources price shown in cents?
The JSE quotes share prices in South African cents (ZAc). Divide by 100 to get rand.