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Labyrinth Resources Limited
(Sydney:GG8)
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Rating:49Neutral
Price Target:
AU$0.32
▼(-9.14% Downside)
Action:Reiterated
Date:06/30/26
The score is primarily held back by weak financial performance typical of a pre-revenue explorer (ongoing losses and negative operating/free cash flow), partially offset by a conservative balance sheet with minimal leverage. Valuation provides limited support due to loss-making earnings (negative P/E) and no dividend data, while technical signals are neutral given missing indicator inputs.
Positive Factors
Conservative balance sheet
Very low absolute debt and an almost negligible debt-to-equity ratio materially reduce financial distress risk for an exploration company. This structural conservatism gives management time and flexibility to advance projects without immediate refinancing pressure, preserving optionality over months.
Negative Factors
Pre-revenue profile
No operating revenue across reporting periods means the company lacks intrinsic cash generation and remains dependent on external capital to fund exploration. This structural status elevates execution and financing risk until resources are monetized or sold, lasting over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low absolute debt and an almost negligible debt-to-equity ratio materially reduce financial distress risk for an exploration company. This structural conservatism gives management time and flexibility to advance projects without immediate refinancing pressure, preserving optionality over months.
Read all positive factors
Labyrinth Resources Limited (GG8) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$234.45M
Dividend YieldN/A
Average Volume (3M)936.57K
Price to Earnings (P/E)―
Beta (1Y)1.16
Revenue GrowthN/A
EPS Growth77.84%
CountryAU
Employees280
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding732,653,100
10 Day Avg. Volume1,289,952
30 Day Avg. Volume936,565
Financial Highlights & Ratios
PEG Ratio0.89
Price to Book (P/B)2.01
Price to Sales (P/S)0.00
P/FCF Ratio-36.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.00Price Target Upside185.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Labyrinth Resources Limited Business Overview & Revenue Model
Company Description
Headquartered in Subiaco, Australia, and established in 1970, Gorilla Gold Mines Ltd focuses on the discovery and advancement of mineral resources throughout Australia. The company actively seeks out a variety of valuable deposits, including gold,...
How the Company Makes Money
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Labyrinth Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
29
Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 1.10M | 0.00 | 0.00 |
| Gross Profit | -82.98K | -47.08K | -96.89K | 190.45K | 0.00 | -7.30K |
| EBITDA | -4.73M | -3.13M | -3.49M | -5.85M | -6.89M | -3.80M |
| Net Income | -4.23M | -3.18M | -3.27M | -6.18M | -6.92M | -4.07M |
Balance Sheet | ||||||
| Total Assets | 124.40M | 95.96M | 25.21M | 25.86M | 27.17M | 9.87M |
| Cash, Cash Equivalents and Short-Term Investments | 37.23M | 25.11M | 287.07K | 418.16K | 2.36M | 4.59M |
| Total Debt | 111.98K | 140.29K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.09M | 4.91M | 20.18M | 19.17M | 16.30M | 2.12M |
| Stockholders Equity | 120.31M | 91.05M | 5.03M | 6.69M | 10.87M | 7.75M |
Cash Flow | ||||||
| Free Cash Flow | -23.60M | -5.07M | -1.60M | -4.09M | -10.56M | -1.06M |
| Operating Cash Flow | -2.41M | -1.64M | 264.03K | -573.33K | -2.54M | -1.06M |
| Investing Cash Flow | -50.61M | -18.97M | -1.14M | -2.11M | -7.68M | 3.97M |
| Financing Cash Flow | 80.95M | 45.44M | 1.47M | 1.52M | 7.99M | 246.51K |
Labyrinth Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$282.28M | 6.40 | 16.50% | 3.76% | 22.05% | 256.19% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$365.34M | -39.29 | -5.89% | ― | ― | 9.68% | |
49 Neutral | AU$260.74M | -73.94 | -8.87% | ― | ― | 99.23% | |
49 Neutral | AU$234.45M | -59.26 | -4.01% | ― | ― | 77.84% | |
44 Neutral | AU$292.37M | -140.00 | -5.45% | ― | ― | -176.00% | |
41 Neutral | AU$309.15M | -127.69 | -3.40% | ― | ― | ― |
* Basic Materials Sector Average
AU:GG8
Labyrinth Resources Limited
0.32
-0.12
-27.27%
AU:TGM
Theta Gold Mines
0.19
0.01
5.56%
AU:TBR
Tribune Resources Limited
5.28
0.07
1.38%
AU:MRT
Horizon Minerals Ltd
0.80
0.00
0.00%
AU:STN
Saturn Metals Ltd.
0.56
0.09
18.09%
AU:AS1
Golden Rim Resources Ltd
0.14
0.06
75.00%
Labyrinth Resources Limited Corporate Events
Gorilla Gold Uncovers High-Grade Discovery at Vivien as De-Watering Deal Boosts Underground Access
Jul 21, 2026
Gorilla Gold has reported a high-grade gold discovery at the Vince prospect, a previously untested structural target located 400 meters north of the Vivien Main underground mine, in a similar geological setting. Exploration drilling, partly funded...
Gorilla Gold to Release 250,000 Escrowed Shares on 25 July
Jul 15, 2026
Gorilla Gold Mines Ltd has announced that 250,000 fully paid ordinary shares currently under voluntary escrow will be released on 25 July 2026. The escrow release modestly increases the tradable share float on the ASX, potentially enhancing liquid...
Gorilla Gold Expands High-Grade Zone at Sovereign Deposit, Ramps Up Drilling Fleet
May 29, 2026
Gorilla Gold Mines has reported multiple new high-grade gold intercepts from ongoing drilling at the Sovereign Deposit within its 100%-owned Comet Vale Gold Project, about 100km north of Kalgoorlie. These results extend the high-grade zone at Sove...
Gorilla Gold Unveils Fourth Shallow Discovery at North Kalgoorlie Hub
May 10, 2026
Gorilla Gold has reported a new shallow gold discovery at the newly named Diddy Kong prospect within its Comet Vale Gold Project, about 100km north of Kalgoorlie in Western Australia. The prospect lies 1km south of the recent Magilla and Donkey Ko...
Gorilla Gold Uncovers High-Grade Footwall Lode at Sovereign Deposit
May 3, 2026
Gorilla Gold has announced a significant new high-grade footwall lode discovery at the Sovereign Deposit within its Comet Vale Gold Project in Western Australia. The newly identified zone, intersected with 9.3 metres at 20.6 grams per tonne gold f...
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.