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Labyrinth Resources Limited
(Sydney:GG8)
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Rating:46Neutral
Price Target:
AU$0.25
▼(-30.00% Downside)
Action:Reiterated
Date:10/29/26
The score is mainly constrained by weak financial performance (persistent losses and negative free cash flow), with only partial offset from a strong, low-leverage balance sheet. Technicals also weigh on the score given the downtrend versus major moving averages and negative MACD, while valuation is unattractive due to negative earnings and no indicated dividend support.
Positive Factors
Very low leverage
Extremely low leverage reduces solvency pressure and preserves financial flexibility for an exploration company. A large equity base relative to debt gives Labyrinth more capacity to fund project evaluation or absorb operating setbacks without immediate debt-service constraints.
Negative Factors
Minimal revenue base
A minimal and inconsistent revenue base means the company has not yet demonstrated commercial operating scale. This limits internal funding capacity, leaves performance dependent on future project progress, and makes earnings less predictable over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low leverage reduces solvency pressure and preserves financial flexibility for an exploration company. A large equity base relative to debt gives Labyrinth more capacity to fund project evaluation or absorb operating setbacks without immediate debt-service constraints.
Read all positive factors
Labyrinth Resources Limited (GG8) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$183.16M
Dividend YieldN/A
Average Volume (3M)857.03K
Price to Earnings (P/E)―
Beta (1Y)1.30
Revenue GrowthN/A
EPS Growth27.78%
CountryAU
Employees280
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding732,653,100
10 Day Avg. Volume1,030,207
30 Day Avg. Volume857,035
Financial Highlights & Ratios
PEG Ratio1.68
Price to Book (P/B)1.70
Price to Sales (P/S)0.00
P/FCF Ratio-80.33
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,...
Labyrinth Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 1.10M | 0.00 |
| Gross Profit | -96.33K | -47.08K | -96.89K | 190.45K | 0.00 |
| EBITDA | -3.76M | -3.13M | -3.39M | -5.85M | -6.89M |
| Net Income | -2.76M | -3.18M | -3.27M | -6.18M | -6.92M |
Balance Sheet | |||||
| Total Assets | 126.80M | 95.96M | 25.21M | 25.86M | 27.17M |
| Cash, Cash Equivalents and Short-Term Investments | 19.76M | 25.11M | 287.07K | 418.16K | 2.36M |
| Total Debt | 82.39K | 140.29K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.11M | 4.91M | 20.18M | 19.17M | 16.30M |
| Stockholders Equity | 119.69M | 91.05M | 5.03M | 6.69M | 10.87M |
Cash Flow | |||||
| Free Cash Flow | -2.54M | -5.07M | -1.60M | -4.09M | -10.56M |
| Operating Cash Flow | -1.24M | -1.64M | 264.03K | -573.33K | -2.54M |
| Investing Cash Flow | -34.02M | -18.97M | -1.14M | -2.11M | -7.68M |
| Financing Cash Flow | 29.92M | 45.44M | 1.47M | 1.52M | 7.99M |
Labyrinth Resources Limited Technical Analysis
Negative
0.35
Price Trends
0.30
Negative
0.31
Negative
0.35
Negative
Market Momentum
-0.02
Negative
44.74
Neutral
53.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GG8, the sentiment is Negative. The current price of 0.35 is above the 20-day moving average (MA) of 0.26, above the 50-day MA of 0.30, and below the 200-day MA of 0.35, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 44.74 is Neutral, neither overbought nor oversold. The STOCH value of 53.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GG8.
Labyrinth Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$270.74M | 3.65 | 25.21% | 3.85% | 28.38% | 127.83% | |
64 Neutral | AU$207.28M | 2.08 | 26.58% | ― | 118.61% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$240.74M | -52.17 | -4.59% | ― | ― | -53.33% | |
46 Neutral | AU$183.16M | -62.82 | -2.30% | ― | ― | 27.78% | |
44 Neutral | AU$289.59M | -27.50 | -5.89% | ― | ― | 9.68% | |
41 Neutral | AU$261.46M | -28.41 | -12.57% | ― | ― | 59.02% |
* Basic Materials Sector Average
AU:GG8
Labyrinth Resources Limited
0.26
-0.15
-36.25%
AU:TGM
Theta Gold Mines
0.20
0.03
18.18%
AU:TBR
Tribune Resources Limited
5.19
-1.26
-19.53%
AU:MRT
Horizon Minerals Ltd
0.52
-0.29
-35.80%
AU:STN
Saturn Metals Ltd.
0.39
-0.11
-23.00%
AU:AS1
Golden Rim Resources Ltd
0.12
0.04
55.41%
Labyrinth Resources Limited Corporate Events
Gorilla Gold Sets AGM Date and Opens Director Nomination Window
Oct 19, 2026
Gorilla Gold Mines has scheduled its Annual General Meeting for 30 November 2026, with further details on venue and timing to be provided to shareholders in a forthcoming notice. The AGM will include the re-election of directors, underscoring rout...
Gorilla Gold to Release 1.25 Million Escrowed Shares
Sep 14, 2026
Gorilla Gold Mines Ltd has notified investors that 1,250,000 fully paid ordinary shares currently under voluntary escrow will be released on 20 September 2026. The lifting of escrow increases the pool of tradeable shares on the market, which could...
Gorilla Gold Mines Files ASX Governance Appendix for 2026
Sep 11, 2026
Gorilla Gold Mines Ltd has lodged its Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming the location and currency of its corporate governance statement as of 11 September 2026. The filing indicates the board has approv...
Gorilla Gold Mines Highlights Governance and Corporate Framework
Sep 11, 2026
Gorilla Gold Mines Ltd has outlined its current corporate structure and key service relationships in its latest annual report, detailing its board of directors, chief executive officer, company secretary and external advisers. The disclosure reinf...
Gorilla Gold Mines Underscores High-Grade Growth Platform in Western Australia
Sep 9, 2026
Gorilla Gold Mines Ltd has highlighted its rapid growth in high-grade gold exploration across Western Australia, underpinned by a 1.5-million-ounce gold platform and 150,000 metres of ongoing drilling. The company is pursuing multiple new discover...
Gorilla Gold Extends High-Grade Footwall Discovery at Sovereign Over 1km Strike
Sep 2, 2026
Gorilla Gold has reported a significant expansion of a newly identified high-grade footwall lode at the Sovereign prospect within its Comet Vale Gold Project in Western Australia. The footwall system, located about 40 metres into the footwall of t...
Gorilla Gold Mines Issues 5.3 Million Performance Rights Under Incentive Plan
Sep 1, 2026
Gorilla Gold Mines Ltd has issued 5,255,000 unquoted performance rights under its employee incentive scheme, with an issue date of 31 August 2026. The grant of these performance rights, which are not intended to be quoted on the ASX, is designed t...
Gorilla Gold Secures Multiple High-Grade Discoveries in WA Drill Campaign
Jul 31, 2026
Gorilla Gold Mines has reported a highly successful June quarter, marked by four new shallow, high-grade gold discoveries at the Comet Vale project near its 350,000oz Lakeview deposit. The Donkey Kong, Magilla, Diddy Kong and a newly identified fo...
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.