Want to see AU:G88 full AI Analyst Report?
Top Page
Golden Mile Resources Ltd.
(Sydney:G88)
Select Model
Select Model
Rating:44Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by weak financial performance: the company is pre-revenue with widening losses and persistent negative operating/free cash flow, implying ongoing funding dependence. The debt-free balance sheet is a mitigating factor but is weakening as equity/assets decline. Valuation metrics provide limited support due to negative earnings and no dividend yield data, while technical analysis is constrained by missing indicators.
Positive Factors
Debt-free balance sheet
A debt-free capital structure reduces fixed financing costs and preserves flexibility to fund exploration via equity, farm-outs, or project-level JV structures. For an exploration firm this durable advantage lowers insolvency risk and supports strategic optionality over months.
Negative Factors
Pre-revenue and widening net losses
Widening net losses without revenue reflect rising cost intensity and absent commercial cash inflows; over months this erodes equity, limits reinvestment capacity, and raises execution risk for exploration programs that rely on sustained funding or successful asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free capital structure reduces fixed financing costs and preserves flexibility to fund exploration via equity, farm-outs, or project-level JV structures. For an exploration firm this durable advantage lowers insolvency risk and supports strategic optionality over months.
Read all positive factors
Golden Mile Resources Ltd. (G88) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.97M
Dividend YieldN/A
Average Volume (3M)1.58M
Price to Earnings (P/E)―
Beta (1Y)0.40
Revenue GrowthN/A
EPS Growth-111.36%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding746,051,700
10 Day Avg. Volume2,301,380
30 Day Avg. Volume1,576,021
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)1.34
Price to Sales (P/S)0.00
P/FCF Ratio-2.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Golden Mile Resources Ltd. Business Overview & Revenue Model
Company Description
Golden Mile Resources Limited, established in 2016 and headquartered in West Perth, Australia, is dedicated to the identification, acquisition, and development of mineral resource projects across Western Australia. The firm actively seeks out depo...
How the Company Makes Money
null...
Golden Mile Resources Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 8.88K | 381.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 8.88K | 381.00 | 0.00 |
| EBITDA | -1.99M | -2.07M | -1.28M | -1.39M | -1.03M | -1.23M |
| Net Income | -4.96M | -4.01M | -1.55M | -1.39M | -1.03M | -1.23M |
Balance Sheet | ||||||
| Total Assets | 2.33M | 3.98M | 6.40M | 6.98M | 5.14M | 2.95M |
| Cash, Cash Equivalents and Short-Term Investments | 132.57K | 587.59K | 1.06M | 2.36M | 1.96M | 966.86K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 317.19K | 422.88K | 164.60K | 398.61K | 320.99K | 215.85K |
| Stockholders Equity | 2.01M | 3.56M | 6.23M | 6.58M | 4.82M | 2.73M |
Cash Flow | ||||||
| Free Cash Flow | -1.77M | -2.03M | -2.70M | -2.51M | -1.97M | -2.04M |
| Operating Cash Flow | -1.71M | -1.80M | -1.20M | -975.74K | -844.48K | -782.08K |
| Investing Cash Flow | 215.47K | 122.62K | -1.12M | -1.54M | -1.12M | -1.26M |
| Financing Cash Flow | 1.09M | 1.22M | 1.02M | 2.91M | 2.96M | 2.39M |
Golden Mile Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$10.12M | -12.12 | -4.85% | ― | -67.31% | 45.45% | |
46 Neutral | AU$4.95M | -1.67 | -15.18% | ― | -100.00% | 79.49% | |
44 Neutral | AU$5.97M | -0.89 | -178.26% | ― | ― | -111.36% | |
44 Neutral | AU$5.29M | -1.90 | -13.72% | ― | ― | -313.46% | |
42 Neutral | AU$5.00M | -2.00 | -51.07% | ― | -100.00% | -58.33% | |
42 Neutral | AU$5.29M | -3.10 | -8.99% | ― | ― | 82.61% |
* Basic Materials Sector Average
AU:G88
Golden Mile Resources Ltd.
0.01
0.00
0.00%
AU:ENT
Enterprise Metals Limited
―
―
―
AU:ENV
Enova Mining Limited
0.01
0.00
0.00%
AU:CPM
Cooper Metals Limited
0.08
0.03
63.27%
AU:OM1
Omnia Metals Group Ltd
0.01
>-0.01
-7.14%
AU:ADC
ACDC Metals Ltd
0.04
-0.02
-30.16%
Golden Mile Resources Ltd. Corporate Events
Golden Mile reshapes board with interim director appointment
Jul 31, 2026
Golden Mile Resources Ltd has announced the resignation of Non-Executive Director Michele Bina, marking a change in board composition as the company continues to pursue its growth-focused exploration and project development strategy. The board has...
Golden Mile Advances High-Grade Gold and Copper Targets in Arizona
Jul 30, 2026
Golden Mile Resources has reported significant progress at its Arizona exploration projects, underscoring the potential of its Pearl Copper and Leviathan Porphyry Copper-Molybdenum assets. The company’s focus on these projects within a world...
Golden Mile sets August general meeting, urges shareholder participation
Jul 24, 2026
Golden Mile Resources Ltd has convened a General Meeting of shareholders to be held on 26 August 2026 in Melbourne, outlining venue details and voting procedures. The notice emphasizes the importance of shareholder participation, providing instruc...
Recharge Metals Extends Prospero Gold Trend with Ironstone Well Acquisition
Jul 12, 2026
Recharge Metals has agreed to acquire the Ironstone Well Project from Golden Mile Resources for $100,000 in cash, adding three mining leases adjacent to its Sunset Well Gold Project in Western Australia. The deal extends Recharge’s control o...
Golden Mile director’s options expire, equity interests updated
Jul 2, 2026
Golden Mile Resources has reported a change in director Grant Button’s interests following the expiry of a tranche of unlisted options held indirectly via the Wilberforce Trust. The notice confirms that 3.75 million unlisted options with a $...
Golden Mile Resources Options Lapse, Trimming Potential Dilution
Jul 1, 2026
Golden Mile Resources has confirmed the lapse of 15 million options, each exercisable at $0.10 and expiring on June 30, 2026. The cessation of these unexercised options slightly streamlines the company’s capital structure, removing a potenti...
Golden Mile director Grant Button lifts stake through on-market share purchases
Jun 25, 2026
Golden Mile Resources has disclosed a change in director Grant Button’s interests following on-market share purchases. Through his trustee and corporate entities, Button acquired a total of 2,129,639 ordinary fully paid shares at $0.008 per ...
Golden Mile Director Increases Indirect Shareholding via On-Market Purchase
Jun 19, 2026
Golden Mile Resources has disclosed a change in director Grant Button’s interests, with the executive increasing his indirect holding of ordinary fully paid shares through Wilberforce Pty Ltd. He acquired 1,870,361 shares on-market at $0.007...
Golden Mile Fast-Tracks Sampling at Leviathan Copper-Molybdenum Project in Arizona
Jun 9, 2026
Golden Mile Resources has completed the first stage of a regional rock chip sampling programme at its Leviathan Porphyry Copper-Molybdenum Project in Mohave County, Arizona, where the Leviathan vein sub-outcrops for about 800 metres and hosts mult...
Golden Mile Shares Halted Pending Aurora Gold Sampling Results
Jun 1, 2026
Golden Mile Resources has requested a trading halt on its securities on the ASX while it prepares an announcement on channel sampling results from its Aurora Gold project. The halt will remain in place until either the announcement is released or ...
Golden Mile sharpens focus on four key projects as Aurora sampling advances
May 27, 2026
Golden Mile Resources has streamlined its portfolio to four key projects – Aurora (Pearl), Leviathan, Yuinmery and Quicksilver – which it says collectively offer company-making potential across gold and base metals. Over the next six m...
Golden Mile wraps Aurora sampling, eyes potential drill target in Arizona
May 13, 2026
Golden Mile Resources has completed a follow-up rock-chip sampling campaign at its Aurora Gold Prospect, part of the Pearl Copper Project in Arizona, after earlier reconnaissance returned highly anomalous gold grades, including 38.7g/t, 29.5g/t an...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.