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TUNG - Tungsten Share Price

40p 1.1  2.8%

Last Trade - 17/06/21

Micro Cap
Market Cap £49.1m
Enterprise Value £53.9m
Revenue £36.7m
Position in Universe 1261st / 1812
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Relative Strength (%)
1m +21.6%
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -13.6%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Apr 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
22.5 25.9 31.3 33.7 36.0 36.8 36.6 39.6 +10.3%
Balance Sheet
FINANCIAL BRIEF: : For the six months ended 31 October 2020, TungstenCorp PLC revenues decreased 1% to £18M. Net loss increasedfrom £2.5M to £30.5M. Revenues reflect Tungsten NetworkFinance segment decrease of 95% to £14K. Higher net lossreflects Operang expenses increase from £20.3M to £47.9M(expense), Foreign Exchange Gain/LossNon-Business increaseof 16% to £1.3M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for TUNG
Graphical History


TUNG Revenue Unlock TUNG Revenue

Net Income

TUNG Net Income Unlock TUNG Revenue

Normalised EPS

TUNG Normalised EPS Unlock TUNG Revenue

PE Ratio Range

TUNG PE Ratio Range Unlock TUNG Revenue

Dividend Yield Range

TUNG Dividend Yield Range Unlock TUNG Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
Net Profit
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
TUNG EPS Forecasts Unlock TUNG Revenue
Profile Summary

Tungsten Corporation plc is engaged in e-invoicing, purchase order services, analytics and financing business. The Company's segments include Tungsten Network, Tungsten Network Finance, Tungsten Bank and Corporate. Its Tungsten Network segment includes e-invoicing and spend analytics business of Tungsten Network. The Company's Tungsten Network Finance segment includes the supply chain finance business. Tungsten Network connects buyers to their suppliers, enabling tax-compliant electronic invoicing. Its software translates and validates each supplier invoice, and allows suppliers to check invoice status online. All the users ' invoices are digitally signed, encrypted and stored within the Tungsten Network image archive, where the user can access them anytime. Tungsten Bank provides specialist banking products and services. It focuses on providing invoice financing solutions to small and medium enterprises (SMEs) in the United Kingdom, the United States and Europe.

Last Annual April 30th, 2020
Last Interim October 31st, 2020
Incorporated February 2, 2012
Public Since October 16, 2013
No. of Shareholders: n/a
No. of Employees: 286
Sector Technology
Industry Software & IT Services
Index FTSE Aim All Share ,
Exchange London Stock Exchange (AIM)
Shares in Issue 126,216,714
Free Float (0.0%)
Eligible for
TUNG Share Price Performance
Share Price
Bid - Ask
Low - High
Day's Change
Avg Volume
Open - Close
Range (12m)
Latest News for TUNG
Upcoming Events for TUNG
Monday 6th September, 2021 Estimate
Full Year 2021 Tungsten Corp PLC Earnings Release
Frequently Asked Questions for Tungsten
What is the Tungsten share price?

As of 17/06/21, shares in Tungsten are trading at 40p, giving the company a market capitalisation of £49.1m. This share price information is delayed by 15 minutes.

How has the Tungsten share price performed this year?

Shares in Tungsten are currently trading at 40p and the price has moved by 12.75% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Tungsten price has moved by -4.33% over the past year.

What are the analyst and broker recommendations for Tungsten?

Of the analysts with advisory recommendations for Tungsten, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Tungsten is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Tungsten next release its financial results?

Tungsten is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-10-31
What is the Tungsten dividend yield?

Tungsten does not currently pay a dividend.

Does Tungsten pay a dividend?

Tungsten does not currently pay a dividend.

When does Tungsten next pay dividends?

Tungsten does not currently pay a dividend.

How do I buy Tungsten shares?

To buy shares in Tungsten you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Tungsten?

Shares in Tungsten are currently trading at 40p, giving the company a market capitalisation of £49.1m.

Where are Tungsten shares listed? Where are Tungsten shares listed?

Here are the trading details for Tungsten:

Country of listing: United Kingdom
Exchange: LSE
Ticker Symbol: TUNG
What kind of share is Tungsten?

Based on an overall assessment of its quality, value and momentum, Tungsten is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Tungsten share price forecast 2021?

Shares in Tungsten are currently priced at 40p. At that level they are trading at 41.39% discount to the analyst consensus target price of 68.25.

Analysts covering Tungsten currently have a consensus Earnings Per Share (EPS) forecast of -0.1265 for the next financial year.

How can I tell whether the Tungsten share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Tungsten. Over the past six months, the relative strength of its shares against the market has been 19.06%. At the current price of 40p, shares in Tungsten are trading at 20.35% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Tungsten PE Ratio?

We were not able to find PE ratio data for Tungsten.

Who are the key directors of Tungsten?

We were unable to find the directors for Tungsten.

Who are the major shareholders of Tungsten?

Here are the top five shareholders of Tungsten based on the size of their shareholding:

Odey Asset Management LLP Investment Advisor/Hedge Fund
Percentage owned: 15.17% (19.2m shares)
Truell (Edmund) Individual Investor
Percentage owned: 13.06% (16.5m shares)
MI Chelverton UK Equity Growth Fund Mutual Fund
Percentage owned: 7.13% (9.00m shares)
Archon Capital Management LLC Hedge Fund
Percentage owned: 6.05% (7.64m shares)
Chelverton Asset Management Ltd. Investment Advisor
Percentage owned: 5.82% (7.34m shares)
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