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Trigg Mining Ltd. (AU:TMG)
ASX:TMG
Australian Market

Trigg Mining Ltd. (TMG) AI Stock Analysis

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AU

Trigg Mining Ltd.

(Sydney:TMG)

37Underperform
Trigg Mining Ltd. is currently facing significant financial and operational challenges, as reflected in its negative income, declining assets, and lack of profitability. Technical analysis indicates bearish momentum, and the valuation metrics highlight a lack of investor confidence. The absence of earnings call data limits insights into potential recovery strategies. Overall, the stock is underperforming, with limited short-term upside potential.

Trigg Mining Ltd. (TMG) vs. S&P 500 (SPY)

Trigg Mining Ltd. Business Overview & Revenue Model

Company DescriptionTrigg Mining Ltd. (TMG) is an exploration and development company focused on the extraction of essential minerals such as sulphate of potash (SOP) in Australia. Operating primarily within the mining sector, Trigg Mining targets the development of sustainable and environmentally friendly sources of potash, which is an essential nutrient for plant growth and a vital component in agricultural fertilizers. The company's core activities involve exploring and developing high-quality SOP resources to meet the growing global demand for food production.
How the Company Makes MoneyTrigg Mining Ltd. generates revenue primarily through the exploration, development, and eventual extraction and sale of sulphate of potash (SOP). As a mining company, its key revenue streams include selling the extracted minerals directly to agricultural businesses and fertilizer manufacturers, which use SOP as a critical input in their fertilizer products. The company may also engage in strategic partnerships and joint ventures to enhance its operational capabilities and expand its market reach. Additionally, Trigg Mining may secure funding through equity investments, grants, or government incentives aimed at promoting sustainable mining practices. These financial strategies help support the company's exploration and development activities until it reaches commercial production.

Trigg Mining Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
654.000.000.000.000.00
Gross Profit
-355.25K-22.33K-44.98K-56.64K-11.78K
EBIT
-3.05M-5.57M-4.44M-4.04M-3.56M
EBITDA
-3.52M-5.07M-4.29M-3.78M-3.67M
Net Income Common Stockholders
-2.43M-5.03M-3.32M-3.46M-3.52M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.56M1.26M4.85M4.10M1.84M
Total Assets
1.74M1.40M4.99M4.45M1.93M
Total Debt
0.000.0049.79K27.22K60.58K
Net Debt
-1.54M-1.24M-4.80M-4.08M-1.78M
Total Liabilities
760.56K209.14K286.93K341.68K236.55K
Stockholders Equity
984.26K1.19M4.70M4.11M1.70M
Cash FlowFree Cash Flow
-1.21M-4.94M-2.98M-3.63M-2.42M
Operating Cash Flow
-1.21M-4.84M-2.96M-3.55M-2.41M
Investing Cash Flow
-20.58K-81.44K80.11K-81.31K-1.79K
Financing Cash Flow
1.51M1.34M3.62M5.89M4.21M

Trigg Mining Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
49
Neutral
$1.95B-1.50-22.00%3.79%0.66%-27.40%
AUAMN
44
Neutral
€19.22M-88.41%-1476.60%
AUBCI
39
Underperform
$765.19M61.63
AUAGR
39
Underperform
€59.91M-17.89%-141.86%
AUTMG
37
Underperform
AU$41.57M-122.87%-48.00%
AUKLL
36
Underperform
AU$50.79M
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:TMG
Trigg Mining Ltd.
0.04
0.03
300.00%
AU:BCI
BCI Minerals Ltd
0.27
0.04
15.22%
AU:AMN
Agrimin Limited
0.06
-0.16
-74.55%
AU:AGR
Aguia Resources Limited
0.04
0.02
115.79%
AU:KLL
Kalium Lakes Ltd
7.28
0.00
0.00%

Trigg Mining Ltd. Corporate Events

Trigg Minerals Appoints Andre Booyzen as Managing Director
Apr 22, 2025

Trigg Minerals Ltd has appointed Andre Booyzen as Managing Director, effective 1 May 2025, to strengthen its focus on exploration and development of its project portfolio, including the Wild Cattle Creek antimony deposit. Booyzen, with over 20 years of experience in antimony mining, previously held strategic roles at Mandalay Resources and has been instrumental in supporting development studies and resource expansion at Wild Cattle Creek. His expertise in mine development and global antimony markets is expected to advance Trigg’s project financing strategy, aligning with the company’s goals amid the growing profile and rising prices of antimony.

Trigg Minerals Benefits from US Tariff Exemption on Antimony
Apr 7, 2025

Trigg Minerals Limited announced that antimony is exempt from the US Government’s new reciprocal tariff policy, which could significantly impact the company’s operations and market positioning. This exemption, coupled with high antimony prices and government incentives, provides a favorable development context for Trigg’s Wild Cattle Creek deposit, highlighting its strategic importance and potential to enhance global supply chains.

Trigg Minerals Announces Proposed Securities Issue
Mar 18, 2025

Trigg Minerals Limited has announced a proposed issue of 8,064,516 ordinary fully paid securities, scheduled for issuance on April 30, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning by increasing its available securities on the ASX.

Trigg Minerals Expands Antimony-Gold Exploration in Australia
Mar 18, 2025

Trigg Minerals Limited has announced the acquisition of the Nundle, Upper Hunter, and Cobark/Copeland projects, expanding its antimony and gold exploration assets in northern New South Wales. This strategic move enhances Trigg’s exploration potential by adding significant historical goldfields and antimony deposits to its portfolio, positioning the company to advance its vision of becoming a major player in the antimony market.

Trigg Minerals Announces Board Changes
Mar 13, 2025

Trigg Minerals Limited has announced changes in its board of directors, with Bishoy Habib and Nicholas Katris being appointed as non-executive directors, while Michael Ralston and Stephen Ross have resigned. These changes in leadership could impact the company’s strategic direction and operations, influencing its market positioning and stakeholder relations.

Trigg Minerals Sells K20 Minerals to Focus on Achilles Project
Mar 12, 2025

Trigg Minerals Limited has entered into an agreement to sell its subsidiary, K20 Minerals Pty Ltd, which holds the Lake Throssell tenement, to 1269280 WA Pty Ltd for $61,600. This sale underscores Trigg’s strategic focus on its flagship asset, the Achilles Project, particularly the Wild Cattle Creek deposit, which contains a substantial antimony resource.

Trigg Minerals Appoints New Director
Mar 6, 2025

Trigg Minerals Limited has announced the appointment of Andre Booyzen as a director, effective March 1, 2025. The notice indicates that Booyzen currently holds no securities or interests in any contracts related to the company, suggesting a fresh start in his role. This appointment could potentially influence the company’s strategic direction and governance, impacting stakeholders and the company’s future operations.

Trigg Minerals Issues 10 Million Unquoted Options
Feb 28, 2025

Trigg Minerals Limited has announced the issuance of 10 million unquoted options with an exercise price of $0.055, set to expire on February 27, 2028. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, reflecting the company’s strategic financial maneuvers to potentially enhance its capital structure.

Trigg Mining Unveils High-Grade Antimony-Tungsten Discovery at Wild Cattle Creek
Feb 25, 2025

Trigg Mining Ltd. has discovered a new high-grade antimony-tungsten structure beneath its Wild Cattle Creek deposit, significantly enhancing the resource potential of the site. This discovery is particularly timely given China’s recent suspension of tungsten exports, which has disrupted global markets and increased the strategic importance of alternative sources. The Wild Cattle Creek deposit, already known for its high-grade antimony, now presents a crucial opportunity for securing domestic tungsten supply, potentially elevating Trigg Mining’s position in the critical minerals sector.

Trigg Minerals Initiates Trading Halt Ahead of Major Exploration Update
Feb 24, 2025

Trigg Minerals Limited has requested a trading halt on its securities pending a significant announcement related to the Achilles Project. This move indicates an upcoming material exploration update, which could have implications for the company’s strategic positioning and interests of its stakeholders.

Trigg Minerals Advances Antimony and Gold Projects
Feb 21, 2025

Trigg Minerals Limited has announced a focus on developing its antimony and gold projects, as highlighted in their recent presentation. The company confirms that there have been no material changes to previous exploration results, ensuring stakeholders of the ongoing validity and reliability of its mineral resource estimates. This strategic move meets the increasing global demand for antimony, a mineral essential for various industrial applications.

Trigg Minerals Secures Licence Transfer for Wild Cattle Creek Antimony Project
Feb 16, 2025

Trigg Minerals has received approval from the NSW Government for the transfer of Exploration Licence 6388, allowing the company to advance the development of the Wild Cattle Creek antimony deposit. This significant milestone enables Trigg to formally execute access applications and implement exploration strategies swiftly. The company’s proactive approach and recent achievements, such as raising funds and expanding its leadership team, position it as a leading antimony-focused explorer with opportunities for substantial growth.

Trigg Minerals Expands Global Reach with U.S. OTCQB Listing
Feb 11, 2025

Trigg Minerals Limited has announced its qualification to trade on the U.S. OTCQB market under the symbol TMGLF, starting February 11, 2025, facilitating easier trading for U.S. investors and increasing liquidity. This strategic move aims to attract international investors and form stronger partnerships as the company explores critical funding initiatives and develops its antimony and precious metal projects, amidst a rising global interest in critical mineral supply chain development.

Trigg Minerals Appoints Experienced Antimony Executive to Board
Feb 10, 2025

Trigg Minerals Limited has appointed former Mandalay Resources Vice President Andre Booyzen as a Non-Executive Director, effective 1 March 2025. Booyzen’s extensive experience in antimony mining and management will support Trigg’s focus on developing its antimony projects, including the strategic advancement of the Wild Cattle Creek deposit. His expertise is expected to contribute significantly to the company’s operational and financing strategies, aligning with Trigg’s goal of expanding its presence in the global antimony market.

Trigg Minerals to Present Antimony Project Updates at Industry Webinar
Feb 6, 2025

Trigg Minerals Limited announced that its Chief Geologist, Jonathan King, will present at NWR Communications’ Antimony Webinar on February 13, 2025. The presentation will cover updates on Trigg’s antimony projects, including the globally significant Wild Cattle Creek deposit. This event signifies Trigg’s ongoing commitment to advancing its antimony resources, potentially impacting its market positioning and providing valuable insights to stakeholders.

Trigg Minerals Joins International Antimony Association
Feb 4, 2025

Trigg Minerals Limited has joined the International Antimony Association, marking a significant milestone as the first ASX-listed company in this global body. This membership enhances Trigg’s access to industry stakeholders, regulatory developments, and global market insights, positioning the company at the forefront of the antimony sector as it progresses its critical mineral assets.

Trigg Minerals Expands Market Presence with New Securities Quotation
Jan 30, 2025

Trigg Minerals Limited announced the quotation of 9,416,014 ordinary fully paid securities on January 30, 2025, as part of previously disclosed transactions. This move signifies an expansion in the company’s market presence and could influence its stakeholder dynamics and industry positioning as it continues to execute its strategic objectives.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.