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Gold Hydrogen Ltd. (GHY) AI Stock Analysis
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Gold Hydrogen Ltd.
(ASX:GHY)
The overall score is held back primarily by Gold Hydrogen’s pre‑revenue status, volatile losses, and negative operating and free cash flows, which create ongoing funding and execution risk despite a relatively strong, equity‑funded balance sheet with very low leverage. Technicals are a positive secondary factor, with the share price trading above key moving averages and neutral‑to‑constructive momentum indicators, suggesting moderate support for the current market trend. Valuation remains challenging, as the negative P/E and lack of dividends mean the stock’s appeal depends heavily on successful future commercialization rather than present financial performance.
Gold Hydrogen Ltd. (GHY) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 92.03M
- Dividend Yield
- ―
- Average Volume (3M)
- 280.78K
- Price to Earnings (P/E)
- -37.3
- Beta (1Y)
- 0.55
- Revenue Growth
- ―
- EPS Growth
- 1.43%
- Country
- Australia
- Employees
- 13
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Exploration & Production
Gold Hydrogen Ltd. Business Overview & Revenue Model
Company Description
Gold Hydrogen Limited is primarily involved in the search for potential natural hydrogen deposits throughout Australia. Its most significant undertaking, the Ramsay Project, spans an expansive area of approximately 7,820 square kilometers. This key e...
Gold Hydrogen Ltd. Financial Statement Overview
Summary
Financial performance is weak overall: the income statement score of 23 and cash flow score of 32 reflect persistent losses and significant cash burn, only partly offset by a strong, low‑debt balance sheet with a score of 80 that provides some funding resilience but is not yet generating returns.
Income Statement
23NegativeBalance Sheet
80PositiveCash Flow
32Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -79.25K | -109.17K | -98.04K | -62.00K | -54.22K | 0 |
| EBITDA | -2.74M | -2.74M | -2.27M | -1.79M | -3.20M | -711.20K |
| Net Income | -2.48M | -2.48M | -2.24M | -1.86M | -5.19M | -1.16M |
Balance Sheet | ||||||
| Total Assets | 47.27M | 47.27M | 34.49M | 37.39M | 23.64M | 24.63M |
| Cash, Cash Equivalents and Short-Term Investments | 9.42M | 9.42M | 11.48M | 14.72M | 16.24M | 20.12M |
| Total Debt | 103.91K | 103.91K | 129.55K | 110.41K | 108.63K | 3.98M |
| Total Liabilities | 2.69M | 2.69M | 1.13M | 1.90M | 510.68K | 475.81K |
| Stockholders Equity | 44.57M | 44.57M | 33.36M | 35.49M | 23.13M | 24.16M |
Cash Flow | ||||||
| Free Cash Flow | -2.17M | -2.17M | -3.20M | -14.53M | -6.83M | -1.01M |
| Operating Cash Flow | -2.16M | -2.16M | -1.83M | -1.76M | -2.43M | -448.15K |
| Investing Cash Flow | -13.49M | -13.49M | 8.64M | -12.62M | -15.40M | -588.60K |
| Financing Cash Flow | 13.59M | 13.59M | -42.63K | 13.86M | 18.81M | 5.29M |
Gold Hydrogen Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GHY, the sentiment is Positive. The current price of 0.52 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.51, and above the 200-day MA of 0.42, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 55.86 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GHY.
Gold Hydrogen Ltd. Peers Comparison
Overall Rating
- AU:GHY48.4Neutral
AU:BLU46Neutral
AU:PGY43Neutral
AU:P1E42Neutral
AU:VSR42Neutral
AU:PV137Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 65Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
| AU:GHY | 48Neutral | AUD 92.93M | -37.32 | -5.48% | ― | ― | 1.43% |
| AU:BLU | 46Neutral | AUD 9.04M | -15.00 | -1.65% | ― | ― | 37.50% |
| AU:PGY | 43Neutral | AUD 6.75M | -0.55 | -55.47% | ― | ― | ― |
| AU:P1E | 42Neutral | AUD 14.52M | 2.30 | 25.42% | ― | ― | ― |
| AU:VSR | 42Neutral | AUD 12.25M | 61.23 | 2.01% | ― | ― | ― |
| AU:PV1 | 37Underperform | AUD 5.70M | -0.91 | -481.65% | ― | ― | -18.92% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:GHY | Gold Hydrogen Ltd. | 0.52 | -0.01 | -1.90% | |
| AU:PV1 | Provaris Energy Ltd | 0.01 | -0.01 | -37.50% | |
| AU:VSR | Eon NRG Limited | 0.02 | -0.01 | -22.22% | |
| AU:BLU | Blue Energy Limited | ― | ― | ― | |
| AU:PGY | Pilot Energy Limited | 0.05 | -0.04 | -44.33% | |
| AU:P1E | Pure Hydrogen Corporation Limited Registered Shs | 0.03 | -0.05 | -61.18% |
Gold Hydrogen Ltd. Corporate Events
Gold Hydrogen moves AGM processes further online as it notifies shareholders
Gold Hydrogen Limited has notified shareholders that details for its upcoming Annual General Meeting will be distributed via email or letter, with personalised proxy forms provided through the company’s registry. The AGM is scheduled to be held...
Gold Hydrogen Confirms High-Grade Helium Reservoir at Ramsay and Fast-Tracks Pilot Development
Gold Hydrogen has completed helium flow testing across all three wells at its Ramsay Project in under three months without safety incidents, successfully flowing, purifying and bottling helium onsite for the first time in Australia since 2023. Testin...
Gold Hydrogen Highlights Natural Hydrogen and Helium Resource Base at Tokyo Conference
Gold Hydrogen Ltd., an ASX-listed Australian energy explorer, is focused on harnessing naturally occurring hydrogen and helium resources to supply green hydrogen at scale. The company’s technical resource base for both gases has been independen...
Gold Hydrogen Advances Helium Commercialisation With Ramsay 3 Flow Test
Gold Hydrogen has completed Phase 1 helium flow testing at its larger-diameter Ramsay 3 well in the Kulpara Dolomite reservoir on South Australia’s Yorke Peninsula. The test delivered an exceptional productivity index of around 40 barrels per d...
Gold Hydrogen Sets 2026 AGM Date and Director Nomination Deadline
Gold Hydrogen Limited has scheduled its 2026 Annual General Meeting for 25 November 2026 in Brisbane, setting a clear timetable for shareholders and stakeholders to engage with the company’s governance and strategic direction. The company has a...
Gold Hydrogen lodges ASX corporate governance statement and Appendix 4G
Gold Hydrogen Limited has lodged its corporate governance statement for the year ended 30 June 2026 with the ASX, providing it via a dedicated URL on its investor relations website and confirming board approval as of 21 September 2026. The filing, ac...
Gold Hydrogen Details Governance in 2026 Annual Financial Report
Gold Hydrogen Limited has released its annual financial report for the year ended 30 June 2026, accompanied by a corporate directory detailing its board, key officers, and professional service providers. The disclosure reinforces its status as an ASX...
Gold Hydrogen’s Ramsay 3 Delivers Strong Early Flow as Testing Advances
Gold Hydrogen has reported strong early results from initial flow testing at its Ramsay 3 well on the Yorke Peninsula, with a Productivity Index of about 40 bbl/day/psi, the highest yet at the Ramsay Project. The larger 7-inch cased, cemented and per...
Japanese Partners Deepen Role in Gold Hydrogen’s Ramsay Project
Gold Hydrogen’s three Japanese strategic partners, Mitsubishi Gas Chemical, ENEOS Xplora and Toyota, are intensifying their direct involvement in the Ramsay natural hydrogen and helium project in South Australia through senior-level site visits...
Gold Hydrogen Advances Ramsay 3 Testing to Unlock Natural Hydrogen and Helium Potential
Gold Hydrogen has begun the next stage of flow testing at its Ramsay 3 well, designed with a larger 7-inch casing and high-capacity electric submersible pump to maximise natural hydrogen and helium production potential. The well follows successful te...
Gold Hydrogen Confirms World-Class Helium Reservoir at Ramsay Project
Gold Hydrogen has confirmed world-class helium purities from its Ramsay 2 flow test, with air-corrected concentrations reaching up to 20 percent and matching the 19 percent recorded at Ramsay 1. Testing also showed strong formation connectivity, with...
Gold Hydrogen to Begin Flow Testing at Ramsay 2 Well
Gold Hydrogen has mobilised a workover rig to its Ramsay 2 wellsite and begun installing an electrical submersible pump in preparation for a key flow testing program. Company staff and contractors are on site, and initial flow from the Ramsay 2 well...
Gold Hydrogen’s Ramsay 1 Well Delivers High-Purity Helium and World-Class Reservoir Performance
Gold Hydrogen has reported outstanding interim results from appraisal flow testing at its Ramsay 1 well, where helium was successfully brought to surface, purified onsite using Quantum Technology equipment, and bottled in what is believed to be the f...
Gold Hydrogen Achieves First Onshore Helium Recovery in Australia Since 2023
Gold Hydrogen has reported that helium has successfully flowed to surface, been separated, purified and captured at its Ramsay 1 well on South Australia’s Yorke Peninsula, using a system supplied by Quantum Technology Corp. The campaign has ach...
Gold Hydrogen to Begin Helium Testing at Ramsay 1 After Short Delay
Gold Hydrogen Limited has confirmed that flow testing at its Ramsay 1 well is set to commence imminently, following the repair and installation of equipment that was damaged during transport to the site. The testing program, supported by SWS Rig 04,...
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.
Date of analysis: Sep 23, 2026