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Market X-Ray report · 19 October 2026

Thermal Energy International Inc. (TMG)

TSX Venture Exchange · Canada · prices in CAD · close of 19 Oct 2026

Key indicators

Last closeCAD 0.145
52-week range0.120 – 0.200
Return, 1 month / 3 months−9.4% / −9.4%
Return, 1 year / 3 years+3.6% / −23.7%
TrendBelow its 200-day average
RSI (14)28
Volatility (1 year)60.2%
Worst drawdown (1 year)-30.0%
Average daily value traded0.01M CAD
Dividend yield–

Market X-Ray price-based

68/ 100 · High confidence · ahead of 81% of stocks on this exchange
Trend66
Momentum54
Stability (higher is calmer)87
Liquidity63
Income–

Five-year price chart navy: price · brown: 200-day average

0.060.140.210.290.372021-102023-012024-042025-072026-10

About the company

Thermal Energy International is an energy efficiency company based in Ottawa, Canada. It designs and supplies products that recover waste heat and improve steam systems for industrial and institutional customers, including heat recovery units, steam traps and related engineering services. Its equipment helps factories, hospitals, universities and other large facilities reduce fuel use and emissions from their heating and process systems. The company works with clients across manufacturing, food processing, healthcare and education, providing custom-built installations and support for existing plant equipment.

On this site Thermal Energy International Inc. appears as a stock on the TSX Venture Exchange (Canada), code TMG, with prices in Canadian dollars (CAD). Our records, which start in 2019, show no dividend payments for it. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.

Summary

Thermal Energy International Inc. (TMG) trades on the TSX Venture Exchange in Canada. It last closed at CAD 0.145 on 19 October 2026.

Its price-based Market X-Ray is 68 out of 100 (a fair price profile), ranking 284 of 1,499 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.

Over the last year the price rose 3.6% and over the last three months it fell 9.4%. Returns are price returns, dividends not included.

Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.

stocksxray.com · page 1
XStocksXray
Thermal Energy International Inc. (TMG)

The five lenses in numbers each metric is ranked against the other stocks on TSX Venture Exchange

Lens and metricValueScoreReading
Trend66 · FairMixed trend against its averages.
Above 200-day average-9.3%
From 52-week high-27.5%
Momentum54 · FairTypical recent returns for this exchange.
3-month return-9.4%
6-month return-14.7%
12-month return, skipping the last month14.3%
Stability (higher is calmer)87 · StrongCalmer than most: low volatility and shallow drawdowns.
Volatility, 1 year (lower is calmer)60.2%
Worst drawdown, 1 year (smaller is calmer)-30.0%
Liquidity63 · FairModerate trading activity.
Average daily value traded0.01M CAD
Zero-volume days1.7%
Income–Pays no dividend.
Dividend yield–
Years with dividends0

Strengths

  • Stability (higher is calmer): Calmer than most: low volatility and shallow drawdowns.

Weak spots

No lens is weak against its exchange.

Returns

1 week−3.3%
1 month−9.4%
3 months−9.4%
6 months−14.7%
1 year+3.6%
3 years−23.7%
5 years–

Signals

50-day / 200-day average0.158 / 0.160
Golden / death cross (60 days)Death, 9 days ago
New 52-week highNo
Bullish RSI divergenceNo
Average daily range (ATR)0.004

Technical summary

DailyStrongly bearish2 bullish · 2 neutral · 12 bearish
WeeklyStrongly bearish0 bullish · 1 neutral · 11 bearish
MonthlyStrongly bearish1 bullish · 1 neutral · 6 bearish

How to read this report

Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on TSX Venture Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.

stocksxray.com · page 2 · generated 20 Oct 2026