Thermal Energy International Inc. (TMG : TSX-V)
Common Stock
Follow TMG
TMG
Thermal Energy International Inc.
WealthAwesomePerformance
1 Day
+0.00%
1 Week
+0.00%
1 Month
+3.33%
YTD
+14.81%
The Tuesday Stock Pick · free, every tuesday morning. One Canadian stock and the case for it.
Key Statistics
Market Cap
$26.50M
52W High
$0.20
52W Low
$0.12
P/E Ratio
-
50 Day MA
$0.16
200 Day MA
$0.16
Beta
0.04
Dividend Yield
-
Performance history
TMG returns since 2023
Thermal Energy International Inc. has traded since Nov 2023 in our data, with 0 up years out of 2 full calendar years. Its deepest fall was −71.4% (Apr 2024 to May 2025).
1 year / yr
+24.0%
3 years / yr
−6.6%
5 years / yr
—
10 years / yr
—
Calendar-year returns
- 2023*+26.3%
- 2024−18.7%
- 2025−33.3%
- 2026*+19.2%
* Partial year (first year of data, or year to date).
$10,000 invested in TMG
- 1 year ago$12,400
- 2023 (start of our data)$8,158
- Best year
- 2024: −18.7%
- Worst year
- 2025: −33.3%
- All-time high in our data
- $0 on Apr 23, 2024 · now −55.7%
Total-return basis using adjusted daily closes from the Toronto Stock Exchange and TSX Venture (dividends and splits folded in), Nov 2023 to Nov 2026. Past returns do not predict future ones.
Awesome Portfolio™
Looking past TMG? Our 10 best Canadian stocks, in one list.
14.8% a year since 2017 against 9.7% for the S&P/TSX Composite (+5.0 points a year). Reviewed every month.
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 11/9/2026 | $0.15 | $0.17 | $0.15 | $0.15 | $0.15 | 109,954 |
| 11/6/2026 | $0.16 | $0.17 | $0.15 | $0.15 | $0.15 | 54,535 |
| 11/5/2026 | $0.16 | $0.17 | $0.15 | $0.17 | $0.17 | 457,522 |
| 11/4/2026 | $0.15 | $0.16 | $0.15 | $0.16 | $0.16 | 12,811 |
| 11/3/2026 | $0.15 | $0.16 | $0.15 | $0.16 | $0.16 | 32,862 |
| 11/2/2026 | $0.16 | $0.16 | $0.15 | $0.15 | $0.15 | 335,633 |
| 10/30/2026 | $0.16 | $0.16 | $0.16 | $0.16 | $0.16 | 49,700 |
| 10/29/2026 | $0.15 | $0.16 | $0.15 | $0.15 | $0.15 | 570,860 |
| 10/28/2026 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | 222,000 |
| 10/27/2026 | $0.15 | $0.15 | $0.14 | $0.14 | $0.14 | 536,800 |
Analyst Price Targets
Based on analyst covering TMG · as of Sep 24, 2026
Wall Street analysts forecast TMG stock price to rise 61.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.25
+61.3% Upside
Previously C$0.30 on Sep 17, 2026
Current Price
C$0.15
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TMG's historical volatility
30-Day Vol
57.4%
Annualized
90-Day Vol
49.0%
Annualized
Trend (90d)
-0.0%
Annualized drift
90d Mean
C$0.15
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.15 | C$0.13 – C$0.19 |
| 60 trading days | C$0.15 | C$0.12 – C$0.21 |
| 90 trading days | C$0.15 | C$0.11 – C$0.22 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
About Thermal Energy International Inc.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps, a permanent solution to steam trap failures and energy losses; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system for industrial flue gas applications; Hybrid FLU-ACE, a direct fired water heater and contact economizer; and HeatSponge, an indirect contact boiler economizer. It also provides hot water and de-steaming solutions, which includes PERCO-ACE, a direct contact water heating and Rainmaker, boiler efficiency with waste heat recovery. The company serves its products to food and beverage, pulp and paper, hospital, pharmaceutical, chemicals and petrochemicals, meat processing, tire and rubber, tissue, dairy manufacturing, animal nutrition, and other industry sectors. Thermal Energy International Inc. was incorporated in 1991 and is headquartered in Ottawa, Canada.
Financials
- Revenue (TTM)
- $32.92M
- EBITDA
- $1.23M
- Profit Margin
- 2.43%
- ROE (TTM)
- 20.51%
- EPS (Diluted)
- 0.00
- Book Value
- 0.03
Classification
- Sector
- Industrials
- Industry
- Machinery
- Group
- Capital Goods
Free newsletter
The Tuesday Stock Pick
One Canadian stock and the case for it
- The name with the biggest gap to analyst targets
- The chart, insider buying and what is driving it
- A plain-English bottom line, no hype
Explore More
Common Questions About TMG
Market movers
Recent TSX-V movers
Top 1-day gainers — updated from our Canadian movers feed.