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Gateway Mining Limited
(Sydney:GML)
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Rating:44Neutral
Price Target:
AU$0.07
â–¼(-12.50% Downside)
Action:Reiterated
Date:10/03/26
The score is held down primarily by weak financial performance (minimal/zero revenue, ongoing operating losses, and persistent cash burn). Technical indicators also reflect weak momentum with the stock below key moving averages and negative MACD. A low-debt balance sheet provides some stability, but profitability and cash generation remain the key risks.
Positive Factors
Minimal Debt
Minimal leverage reduces financial risk and limits interest obligations, giving Gateway Mining greater flexibility to manage its development strategy. A low-debt structure can also make the company better able to withstand operating volatility and preserve borrowing capacity if future funding is required.
Negative Factors
Revenue Collapse
Revenue falling to zero demonstrates that Gateway Mining currently lacks a dependable operating revenue stream. This limits internal funding capacity, makes financial results highly volatile, and leaves future progress dependent on development success before the business can establish durable commercial production.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal Debt
Minimal leverage reduces financial risk and limits interest obligations, giving Gateway Mining greater flexibility to manage its development strategy. A low-debt structure can also make the company better able to withstand operating volatility and preserve borrowing capacity if future funding is required.
Read all positive factors
Gateway Mining Limited (GML) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$202.03M
Dividend YieldN/A
Average Volume (3M)4.11M
Price to Earnings (P/E)―
Beta (1Y)0.98
Revenue Growth-100.00%
EPS Growth-127.42%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,886,196,800
10 Day Avg. Volume3,280,101
30 Day Avg. Volume4,109,460
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.99
Price to Sales (P/S)0.00
P/FCF Ratio-30.19
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
Gateway Mining Limited Business Overview & Revenue Model
Company Description
Gateway Mining Limited specializes in the exploration for gold and base metal deposits, with its primary operations situated in Western Australia. The company fully owns its premier asset, the Montague Gold project, which spans an area of approxim...
Gateway Mining Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 155.60K | -188.00K | 42.80K | 10.00K |
| Gross Profit | -196.91K | 155.60K | -251.35K | 10.17K | -46.91K |
| EBITDA | -3.57M | -1.16M | -1.26M | -1.21M | -1.30M |
| Net Income | -3.47M | 2.44M | -1.67M | -1.24M | -1.36M |
Balance Sheet | |||||
| Total Assets | 93.20M | 30.67M | 28.38M | 27.07M | 26.31M |
| Cash, Cash Equivalents and Short-Term Investments | 10.37M | 3.77M | 1.40M | 1.41M | 3.73M |
| Total Debt | 104.35K | 82.79K | 120.57K | 46.41K | 90.12K |
| Total Liabilities | 5.08M | 359.65K | 2.14M | 1.81M | 1.87M |
| Stockholders Equity | 88.12M | 30.31M | 26.24M | 25.26M | 24.44M |
Cash Flow | |||||
| Free Cash Flow | -2.88M | -2.71M | -3.24M | -4.98M | -5.47M |
| Operating Cash Flow | -2.20M | -1.36M | -1.07M | -997.91K | -1.08M |
| Investing Cash Flow | -12.11M | 3.64M | -1.33M | -3.69M | -4.39M |
| Financing Cash Flow | 20.92M | 80.00K | 2.39M | 2.37M | 5.62M |
Gateway Mining Limited Technical Analysis
Negative
0.08
Price Trends
0.08
Negative
0.06
Positive
0.07
Positive
Market Momentum
>-0.01
Positive
39.35
Neutral
7.20
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GML, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.35 is Neutral, neither overbought nor oversold. The STOCH value of 7.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GML.
Gateway Mining Limited 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% | |
51 Neutral | AU$100.05M | -23.08 | -6.15% | ― | ― | 67.92% | |
51 Neutral | AU$155.47M | -22.35 | -5.94% | 2571.81% | ― | -29.82% | |
48 Neutral | AU$166.86M | -12.86 | -10.42% | ― | ― | -17.39% | |
46 Neutral | AU$180.44M | -35.35 | -20.08% | ― | ― | -21.85% | |
44 Neutral | AU$202.03M | -37.89 | -3.54% | ― | -100.00% | -127.42% | |
44 Neutral | AU$95.52M | -8.67 | -18.80% | ― | ― | -133.33% |
* Basic Materials Sector Average
AU:GML
Gateway Mining Limited
0.07
>-0.01
-1.37%
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Gateway Mining Limited Corporate Events
Gateway Mining updates ASX on 2026 corporate governance compliance
Sep 30, 2026
Gateway Mining Limited has lodged its latest corporate governance statement and accompanying Appendix 4G with the ASX for the year ended 30 June 2026. The statement, current as at 30 September 2026 and approved by the board, details how the compan...
Gateway Mining Flags Major Discovery Potential at Yandal Gold Project
Sep 28, 2026
Gateway Mining Limited has highlighted what it describes as a major discovery in progress at its Yandal gold project, underpinned by strong drilling results and a growing mineral resource base. Recent reverse circulation drilling at the Cowza pros...
Gateway Mining completes major share placement and flags ongoing exploration uncertainty
Sep 16, 2026
Gateway Mining Limited has completed a share placement, issuing 562,500,000 fully paid ordinary shares at $0.08 each to institutional, professional and sophisticated investors who are not directors or related parties. The company has confirmed tha...
Gateway Mining Seeks ASX Quotation for 562.5 Million New Shares
Sep 15, 2026
Gateway Mining Limited has applied to the ASX for quotation of 562,500,000 ordinary fully paid shares under a new announcement dated 16 September 2026. The move formalises the listing of these securities, potentially expanding the company’s ...
Gateway Mining admits Listing Rule breach over timing of placement disclosure
Sep 15, 2026
Gateway Mining Limited has acknowledged a breach of ASX Listing Rule 15.7 after a conference slide referenced a completed $45 million placement before the related announcement was released to the market. The company confirmed the presentation occu...
Gateway Mining Targets New 3km Pewy Corridor in Yandal Gold Push
Sep 10, 2026
Gateway Mining has outlined its role as a gold explorer in Western Australia, with core activities at the Yandal Gold Project along the Celia Shear. The company targets high-grade mineralisation at prospects such as Cowza, Celia South and Ward, ai...
Gateway Mining Flags Major Yandal Gold Discovery as Resource Base Grows
Sep 9, 2026
Gateway Mining Limited has highlighted a major discovery underway at its Yandal gold project in Western Australia, positioning the site as a potential next multi-million-ounce gold camp. The company reports more than 13 kilometres of mineralised s...
Gateway Mining raises $45m to accelerate aggressive drilling at Yandal gold project
Sep 8, 2026
Gateway Mining has secured firm commitments for a $45 million placement to institutional, professional and sophisticated investors, led by JP Equity Partners, at $0.08 per share, a discount to recent trading levels. The raise, which includes a $20...
Gateway Mining Grants 300,000 Unquoted Performance Rights Under Incentive Plan
Sep 3, 2026
Gateway Mining Limited has issued a total of 300,000 unquoted performance rights under its employee incentive scheme, with tranches expiring in 2028, 2029 and 2030. The move reinforces the company’s use of long-dated equity incentives to ret...
Gateway Mining Unveils High-Grade Fresh Rock Gold Discovery at Cowza
Sep 1, 2026
Gateway Mining has reported a significant high-grade fresh rock gold discovery at its Cowza prospect in the Yandal Belt, with initial reverse circulation drilling confirming a wide zone of primary gold mineralisation beneath earlier aircore result...
Gateway Mining Requests Trading Halt Ahead of Yandal Gold Results
Aug 31, 2026
Gateway Mining Limited has requested a trading halt in its securities on the ASX, pending the release of an announcement regarding material exploration results from its Yandal Gold Project in Western Australia. The halt, approved by the company...
Gateway Mining Issues 11.25m Unquoted Performance Rights Under Incentive Scheme
Aug 26, 2026
Gateway Mining Limited has issued a total of 11,250,000 unquoted performance rights under its employee incentive scheme, in three equal tranches expiring between 2028 and 2030. The new rights, which will not be quoted on the ASX, are designed to r...
Gateway Mining Begins Major Soil Sampling at Glenburgh South Gold Project
Aug 2, 2026
Gateway Mining has launched a regional soil sampling campaign at its Glenburgh South Project, targeting the Errabiddy and Northern Shear Corridor trends that mirror the geological setting of Benz Mining Corp’s tier 1 Glenburgh gold discovery...
Gateway Mining Accelerates Exploration With Multiple Gold Discoveries at Yandal
Jul 31, 2026
Gateway Mining reported rapid exploration progress at its Yandal Gold Project for the June 2026 quarter, completing over 52,000m of drilling and moving from aircore to reverse circulation programs to test emerging targets. Systematic drilling has ...
Gateway Mining Extends High‑Grade Cowza Gold Corridor to 3.5km
Jul 26, 2026
Gateway Mining has reported substantial progress at its Cowza discovery within the Yandal Gold Project in Western Australia. The company, which is well capitalised for ongoing exploration, is intensifying drilling to evaluate the scale of highR...
Gateway Mining extends Cowza gold mineralisation to 2.5km at Yandal
Jul 21, 2026
Gateway Mining has reported that follow-up drilling at its Cowza prospect, part of the Yandal Gold Project in Western Australia, has significantly expanded the defined high-grade gold mineralisation. The company is targeting a structurally control...
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.