TALGA RESOURCES LTD (TLG)



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General Information
Company Name: Talga Resources Ltd
Stock Code: TLG
Website: www.talgaresources.com
GICS Sub-Industry: Gold
Market Cap ($M): 8
Equiv. Shares (M): 54

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.140 $ 0.140 $ 0.140 $ 0.140 $ 0.130 4,000 $ 0.010  7.692 %

Company Overview

Business Description:
Talga Resources Ltd (TLG, formerly Talga Gold Limited) is a gold and base metal exploration company. The Company’s 100% owned projects are located in Sweden (graphite, iron ore and copper/gold) and Western Australia (gold and iron ore).


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A -2.7 -5.9 -- 0.0 0.0 0.0 --
2011  A -1.5 -3.7 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap A 2011 F 2012 F A 2011 F 2012 F A 2011 F 2012 F
Evolution Mining (EVN) $559 M -- 0.2450 0.2095 11.3833 9.1435 7.5598 0.0000 0.0114 0.0241
Newcrest Mining (NCM) $11,160 M -0.0378 -0.4472 0.0885 10.2905 18.6165 17.1033 0.0240 0.0221 0.0240
OZ Minerals (OZL) $1,253 M -0.6077 -0.5938 1.2807 9.9160 24.4090 10.7023 0.0726 0.0252 0.0434
Regis Resources (RRL) $1,722 M 0.7775 1.2675 0.3100 23.8472 10.5171 8.0284 0.0000 0.0552 0.0808
Talga Resources (TLG) $7 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
TLG -- -- 2.13 -- --
Market 1.08 13.3 0.91 2.59 2.57
Sector 0.59 9.02 0.70 2.13 7.50

Directors
Name Position Start Date
Mr Piers Richard Lewis Company Secretary,Non-Executive Director 16 December 2009
Mr Mark James Thompson Managing Director 21 July 2009
Mr Sean Vincent Neary Non-Executive Chairman 21 July 2009

Substantial Shareholders
Holding Name
2,816,959 (5.29%) United Overseas Service Management Ltd
9,000,000 (16.90%) Mark James Thompson

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
31 October 2013 Report (Quarterly)
23 October 2013 Report (Annual)
30 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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