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Gold Mountain Limited
(Sydney:GMN)
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Rating:41Neutral
Price Target:
AU$0.06
▲(1.67% Upside)
Action:Reiterated
Date:10/02/26
The score is weighed down primarily by very weak operating results (minimal/zero revenue, persistent losses) and ongoing cash burn, despite a low-debt balance sheet. Technical conditions are also unfavorable with a clear downtrend and negative momentum. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is indicated.
Positive Factors
Debt-Free Balance Sheet
Effectively zero debt limits interest obligations and reduces refinancing pressure, giving Gold Mountain greater financial flexibility while it advances exploration projects. This balance-sheet resilience can help the company withstand operating volatility, although it does not by itself establish profitability or self-funding capacity.
Negative Factors
No Stable Revenue Base
Zero revenue in the latest annual period confirms that Gold Mountain has not established a dependable operating revenue base. Without recurring sales, funding for exploration and project advancement must rely on existing resources or new capital, making future operating outcomes highly dependent on successful asset progression.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
Effectively zero debt limits interest obligations and reduces refinancing pressure, giving Gold Mountain greater financial flexibility while it advances exploration projects. This balance-sheet resilience can help the company withstand operating volatility, although it does not by itself establish profitability or self-funding capacity.
Read all positive factors
Gold Mountain Limited (GMN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$18.27M
Dividend YieldN/A
Average Volume (3M)36.67K
Price to Earnings (P/E)―
Beta (1Y)3.12
Revenue GrowthN/A
EPS Growth60.56%
CountryAU
Employees50
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.04
Shares Outstanding304,569,340
10 Day Avg. Volume46,686
30 Day Avg. Volume36,673
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.77
Price to Sales (P/S)0.00
P/FCF Ratio-10.99
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
Gold Mountain Limited Business Overview & Revenue Model
Company Description
Gold Mountain Limited (GMN.AX) specializes in the acquisition, exploration, and development of mineral prospects across Australia and Papua New Guinea. The company primarily targets deposits of gold, copper, and molybdenum, as well as other precio...
How the Company Makes Money
null...
Gold Mountain Limited Financial Statement Overview
Summary
Income Statement
10
Very Negative
Balance Sheet
56
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 76.92K | 38.01K | 0.00 | 127.93K |
| Gross Profit | -50.00K | 76.92K | 38.01K | -57.99K | -12.27K |
| EBITDA | -3.11M | -1.43M | -3.94M | -10.15M | -17.93M |
| Net Income | -8.14M | -8.82M | -3.95M | -10.21M | -18.07M |
Balance Sheet | |||||
| Total Assets | 19.73M | 12.76M | 15.86M | 11.38M | 16.02M |
| Cash, Cash Equivalents and Short-Term Investments | 7.35M | 1.49M | 865.50K | 1.30M | 660.52K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 702.00K | 365.43K | 183.55K | 263.89K | 325.43K |
| Stockholders Equity | 19.03M | 12.43M | 15.67M | 11.11M | 15.70M |
Cash Flow | |||||
| Free Cash Flow | -1.34M | -1.42M | -1.53M | -3.07M | -6.33M |
| Operating Cash Flow | -1.32M | -1.41M | -1.52M | -1.08M | -2.21M |
| Investing Cash Flow | -4.78M | -3.61M | -3.83M | -1.98M | -4.08M |
| Financing Cash Flow | 11.96M | 5.64M | 4.92M | 3.71M | 6.17M |
Gold Mountain Limited Technical Analysis
Negative
0.06
Price Trends
0.07
Negative
0.08
Negative
0.09
Negative
Market Momentum
>-0.01
Positive
26.26
Positive
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GMN, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 26.26 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GMN.
Gold Mountain 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% | |
55 Neutral | AU$25.54M | 8.12 | 3.21% | ― | ― | ― | |
47 Neutral | AU$17.52M | -8.27 | -5.50% | ― | ― | ― | |
45 Neutral | AU$29.60M | -5.00 | -31.63% | ― | ― | -58.33% | |
42 Neutral | AU$19.89M | -4.47 | -58.95% | ― | ― | 40.99% | |
41 Neutral | AU$18.27M | -1.69 | -48.04% | ― | ― | 60.56% | |
41 Neutral | AU$18.41M | -26.67 | -293.80% | ― | ― | -240.00% |
* Basic Materials Sector Average
AU:GMN
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Gold Mountain Limited Corporate Events
Gold Mountain Details ASX Governance Compliance for 2026
Sep 30, 2026
Gold Mountain Limited, an ASX-listed resources company, has outlined its governance framework and compliance practices through disclosures on its corporate website. The business emphasises board responsibilities, director appointment procedures, a...
Gold Mountain Sets November AGM and Director Nomination Deadline
Sep 29, 2026
Gold Mountain Limited has scheduled its Annual General Meeting for 23 November 2026 in Perth, where shareholders will consider the election and appointment of directors under the company’s constitution. The company has set 9 October 2026 as ...
Gold Mountain Drilling Confirms High-Grade Magnet Rare Earths at Irajuba
Sep 29, 2026
Gold Mountain Limited reported strong rare earth assay results from five new vertical diamond drill holes at its Irajuba Prospect in Brazil, confirming thick, near flat-lying zones of high-grade mineralisation with elevated ratios of magnet rare e...
Gold Mountain Extends Rare Earth Mineralisation at Capivara Prospect
Sep 14, 2026
Gold Mountain Limited has reported further strong rare earth assay results from auger drilling at the Capivara Prospect in Brazil, confirming thick, shallow mineralised saprolite profiles with significant total rare earth oxide grades and high pro...
Gold Mountain Flags Strong Niobium and REE Anomalies at Brazil’s Araxá Project
Sep 10, 2026
Gold Mountain Limited has reported strong geochemical results from an expanded stream sediment sampling program at its Araxá Project in Brazil, covering 515 samples. The latest assays reveal substantial multielement anomalies in niobium, magn...
Gold Mountain Director Boosts Equity Stake Through Fee-for-Shares Arrangement
Aug 3, 2026
Gold Mountain director Marcelo Idoyaga has increased his direct holding in the company, with 150,000 GMN ordinary shares issued to him on 31 July 2026. The shares were provided in lieu of cash payment for directors’ fees, lifting his stake f...
Gold Mountain issues director shares as exploration assays await interpretation
Jul 31, 2026
Gold Mountain Limited has issued 150,000 ordinary shares to a director in lieu of cash fees, utilising an allocation previously approved by shareholders at the 2025 annual general meeting. The move underscores the company’s ongoing use of eq...
Gold Mountain Issues Shares to Director in Lieu of Cash Fees
Jul 31, 2026
Gold Mountain Limited has applied for quotation on the ASX of 150,000 ordinary fully paid shares issued on July 31, 2026. The new shares have been granted to a company director in lieu of cash payment for directors’ fees, indicating the use ...
Gold Mountain advances Brazilian rare earths and lithium exploration in June quarter
Jul 31, 2026
Gold Mountain Limited reported sustained momentum in the June 2026 quarter, driven by intensive exploration at its Down Under Rare Earth Project in northeastern Brazil. The company advanced diamond, auger and regional drilling programs, supported ...
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.