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← CockpitCompetitor Analysis › TCG.AX Turaco Gold LtdOpen in the cockpit ↗

Turaco Gold LtdTCG.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Precious Metals

Gold explorer/developer advancing the Afema project in Cote d'Ivoire, West Africa, toward mine construction.

≈ A pre-production US junior gold developerMomentum strong 76
Mkt cap
$540M
US dollars, full cap
Free float
75%
of shares outstanding
$/day
$1.11M
20-day average traded
P/B
8.06×
price to book
ROE
-31.4%
delivered
Implied ROE
112.3%
what the price asks
Next earnings
146 days
1 Apr 2027
Close · AUDA$0.72
1D-6.5%
1W-5.9%
1M-12.2%
3M+8.3%
6M+28.6%
YTD-13.8%
1Y+75.6%
ATR %7.0%
52w lowhigh23.0% off high

What Turaco Gold does

Gold explorer/developer advancing the Afema project in Cote d'Ivoire, West Africa, toward mine construction.

Earns no revenue and funds drilling and studies by raising money from investors; its value rests on moving Afema from study to a permitted, financed mine.

In one line: A pre-production US junior gold developer.

Products and services

  • Afema gold project (Cote d'Ivoire)

Customers

  • No revenue yet — future gold refiners/bullion buye

Where it sits in the supply chain

  • Materials
  • Gold exploration & development
  • Pre-production gold project

What could go right

  • Gold price strength supports project economics
  • Advancing toward construction decision

What could go wrong

  • Financing/permitting risk pre-production
  • Cote d'Ivoire country/regulatory risk

Moat: none. Pre-production explorer; value depends on resource size and permitting, not an operating moat.

Headquarters: West Perth, Australia

Named competitors

Turaco Gold at a glance

Size Turaco Gold (TCG.AX) is an Australia Materials company (Precious Metals) with a market value of $540M, the 252nd largest of 316 Australia companies the cockpit tracks. Shares closed at A$0.72 on 6 Nov 2026.

Performance Over six months the shares gained 28.6%, against -13.5% for the median peer and +4.1% for the Australia market (cap-weighted) — 4th highest of 21 in its peer set.

Valuation It trades at 8.06× book value against a peer median of 2.24× (most expensive of 20).

Price implies The share price implies a return on equity of about 112.3%; Turaco Gold delivers -31.4%, so the price asks more than the business earns today.

Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026TCG.AX 126Peer median 86
Six months, rebased to 100: Turaco Gold against the median of its 20 peers (local-currency closes).

Turaco Gold financials

Reported figures in AUD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueA$0A$0A$0A$0A$0
Revenue growth—————
Gross profit-A$125,567-A$138,083A$0A$0-A$121,355
EBITDA-A$40.9M-A$34.5M-A$17.2M-A$4.26M-A$10.6M
Net income-A$33.1M-A$23.3M-A$13.2M-A$4.98M-A$10.4M
Free cash flow-A$32.2M-A$28.6M-A$10.2M-A$5.61M-A$10.1M
Capital expenditureA$1.29MA$1.24MA$2.04MA$37,300A$153,404
Total debtn/aA$0A$0A$30,518A$67,407

Quarterly statements and history in the cockpit →

Turaco Gold competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-10%0%IPXBTRGSKRFRSWIARXLBYNAPMGRZCTGOTAUGOROAUCAAZTLGAMIHSTRMTLTHXSBMTCG.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Turaco Gold is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%50%2.50×50×7.50×IPXBTRGSKRWIARXLBYNAPMGRZCTGOTAUAUCAAZTLGAMITHXSBMTCG.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Turaco Gold is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%0%100%-100%0%100%IPXBTRGSKRWIABYNAPMAUCAAZTLGAMIMTLTHXTCG.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Turaco Gold is the large dot.

Turaco Gold competitors and peer comparison

Head to head with its named competitors (TCG.AX vs PRU.AX vs RSG.AX vs EDV.TO)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Turaco Gold TCG.AX$540M+29%n/a-31%8.06×112.3%
Perseus Mining PRU.AX$5.77B+11%+13%20%2.51×21.5%
Resolute Mining RSG.AX$1.81B-12%+5%27%2.16×23.2%
Endeavour Mining EDV.TO$13.7B-10%+27%26%4.01×29.3%
West African Resources WAF.AX$2.74B+4%+194%38%2.01×19.3%

How Turaco Gold compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Turaco Gold against its 20 peers (data as of 6 Nov 2026)
MeasureTCG.AXPeer medianRank in peer set
1-month return-12.2%-7.9%5th lowest of 21
6-month return+28.6%-13.5%4th highest of 21
Return on equity-31.4%-5.5%4th lowest of 19
Price / book8.06×2.24×most expensive of 20
ROE the price implies112.3%17.1%most demanding of 20
ROE delivered-31.4%-5.5%4th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Turaco Gold TCG.AXAustralia$540M+29%n/a-31%8.06×112.3%-31.4%
IperionX IPXUnited States$540M-66%n/a-74%5.42×64.6%-74.1%
Brightstar Resources BTR.AXAustralia$542M+68%+91%-30%1.81×16.9%-29.6%
Goldsky Resources GSKR.VCanada$543M-28%n/a-22%1.75×15.8%-21.8%
Forrestania Resources FRS.AXAustralia$547M-33%n/a-23%1.63×16.6%-23.2%
WIA Gold WIA.AXAustralia$533M-22%n/a-4%3.99×17.1%-3.9%
Rox Resources RXL.AXAustralia$532M+13%n/a-19%2.77×12.8%-19.0%
Banyan Gold BYN.VCanada$554M+18%n/a-5%5.50×64.9%-4.8%
Andean Precious Metals APM.TOCanada$555M-20%+63%49%1.84×21.4%49.2%
Gold Reserve GRZ.VCanada$560M-19%n/a-41%4.59×12.9%-41.5%
Contango Silver & Gold CTGOUnited States$520M-43%n/a-24%1.52×8.1%-23.7%
Thesis Gold & Silver TAU.VCanada$516M-31%n/a-5%2.24×24.4%-4.5%
Goldgroup Mining GORO.VCanada$500M-21%+215%n/an/an/an/a
Ausgold AUC.AXAustralia$495M+42%n/a-6%3.30×37.4%-6.2%
Anglo Asian Mining AAZ.LUnited Kingdom$590M+30%+220%58%4.42×39.4%58.0%
Troilus Mining TLG.TOCanada$611M-8%n/a-122%7.28×110.2%-121.9%
Aurelia Metals AMI.AXAustralia$477M+16%+40%20%1.48×15.7%20.2%
Heliostar Metals HSTR.TOCanada$475M+10%n/an/a4.21×38.5%n/a
Metals Exploration MTL.LUnited Kingdom$617M+17%-17%14%2.12×17.8%13.5%
Thor Explorations THX.VCanada$466M-26%+29%55%1.00×12.0%54.9%
St. Barbara SBM.AXAustralia$629M+5%-76%-4%0.96×14.2%-4.3%

Questions

Who are Turaco Gold's main competitors?
Named competitors: Perseus Mining (PRU.AX), Resolute Mining (RSG.AX), Endeavour Mining (EDV.TO), West African Resources (WAF.AX). The cockpit's measured peer set (industry) also includes IperionX (IPX), Brightstar Resources (BTR.AX), Goldsky Resources (GSKR.V), Forrestania Resources (FRS.AX), WIA Gold (WIA.AX), Rox Resources (RXL.AX).
Is Turaco Gold expensive compared with its peers?
On price / book it trades at 8.06× against a peer median of 2.24×, most expensive of 20 in its peer set. The share price implies a return on equity of about 112.3%; Turaco Gold delivers -31.4%, so the price asks more than the business earns today.
How has Turaco Gold stock performed?
Over six months to 6 Nov 2026 the shares returned +28.6% against -13.5% for the median peer; over one year +75.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.