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Great Northern Minerals Limited
(Sydney:GNM)
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Rating:43Neutral
Price Target:
AU$0.02
▼(-40.00% Downside)
Action:Reiterated
Date:10/13/26
The score is driven primarily by weak financial performance (limited recurring revenue, ongoing losses, and persistent cash burn) and bearish technical momentum (below key moving averages with negative MACD and oversold readings). Low debt slightly offsets risk, but valuation support is limited because earnings are negative and there is no dividend yield.
Positive Factors
Minimal debt
A minimal-debt balance sheet reduces refinancing and interest-rate exposure, preserving financial flexibility while the company pursues its activities. Low leverage also limits fixed cash obligations, although it does not offset the need to improve revenue generation and operating cash flow.
Negative Factors
Minimal recurring revenue
A minimal and inconsistent revenue base makes the business difficult to scale and prevents reliable operating leverage from developing. Without recurring revenue growth, future profitability remains dependent on uncertain activity or funding rather than a proven commercial engine.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal debt
A minimal-debt balance sheet reduces refinancing and interest-rate exposure, preserving financial flexibility while the company pursues its activities. Low leverage also limits fixed cash obligations, although it does not offset the need to improve revenue generation and operating cash flow.
Read all positive factors
Great Northern Minerals Limited (GNM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.85M
Dividend YieldN/A
Average Volume (3M)225.25K
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue GrowthN/A
EPS Growth-255.00%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding493,838,440
10 Day Avg. Volume286,003
30 Day Avg. Volume225,247
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.20
Price to Sales (P/S)0.00
P/FCF Ratio-7.57
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
Great Northern Minerals Limited Business Overview & Revenue Model
Company Description
Great Northern Minerals Limited is primarily engaged in the exploration and advancement of gold mineral assets. This entity fully owns the Golden Ant Project, which encompasses the Camel Creek, Golden Cup, and Big Rush sites, all situated in North...
How the Company Makes Money
null...
Great Northern Minerals Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
57
Neutral
Cash Flow
22
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 49.40K | 1.80K |
| Gross Profit | -6.01K | -7.34K | -23.37K | 8.27K | -40.02K |
| EBITDA | -5.76M | -789.86K | -1.48M | 1.41M | -6.88M |
| Net Income | -3.81M | -615.54K | -2.01M | 1.36M | -6.93M |
Balance Sheet | |||||
| Total Assets | 10.14M | 1.41M | 3.75M | 4.73M | 6.20M |
| Cash, Cash Equivalents and Short-Term Investments | 3.75M | 1.29M | 230.20K | 1.23M | 2.75M |
| Total Debt | 0.00 | 0.00 | 0.00 | 11.67K | 44.99K |
| Total Liabilities | 143.24K | 57.31K | 2.33M | 2.36M | 6.79M |
| Stockholders Equity | 9.99M | 1.35M | 2.47M | 3.59M | 638.17K |
Cash Flow | |||||
| Free Cash Flow | -1.59M | -744.32K | -1.57M | -2.85M | -1.96M |
| Operating Cash Flow | -1.36M | -744.32K | -1.56M | -2.83M | -1.96M |
| Investing Cash Flow | 1.20M | 1.81M | 568.39K | 179.75K | 0.00 |
| Financing Cash Flow | 2.63M | 0.00 | -9.54K | 1.13M | 2.81M |
Great Northern Minerals Limited Technical Analysis
Negative
0.04
Price Trends
0.03
Negative
0.03
Negative
0.04
Negative
Market Momentum
>-0.01
Positive
31.23
Neutral
26.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GNM, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 31.23 is Neutral, neither overbought nor oversold. The STOCH value of 26.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GNM.
Great Northern Minerals 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% | |
45 Neutral | AU$10.02M | -4.10 | -9.75% | ― | ― | 32.76% | |
43 Neutral | AU$11.85M | -1.69 | -40.48% | ― | ― | -255.00% | |
43 Neutral | AU$10.76M | -49.00 | -15.22% | ― | ― | -18.75% | |
43 Neutral | AU$9.98M | -1.45 | -108.20% | ― | ― | -18.97% | |
42 Neutral | AU$8.52M | -1.73 | -201.09% | ― | ― | 41.73% | |
42 Neutral | AU$14.22M | -3.58 | -55.21% | ― | -100.00% | -8.36% |
* Basic Materials Sector Average
AU:GNM
Great Northern Minerals Limited
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Red Mountain Mining Ltd
0.01
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AU:KAL
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0.02
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Flynn Gold Ltd.
0.01
>-0.01
-36.36%
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Peregrine Gold Ltd.
0.12
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-51.02%
Great Northern Minerals Limited Corporate Events
Great Northern Minerals Sets November AGM, Pushes Digital Shareholder Communication
Oct 12, 2026
Great Northern Minerals Limited has called its Annual General Meeting of shareholders for 12 November 2026 in Perth, outlining arrangements for participation and proxy voting. The company is shifting toward digital communication for meeting materi...
Great Northern Minerals Sets November AGM to Review Governance and Board
Oct 12, 2026
Great Northern Minerals Limited has called its Annual General Meeting for 12 November 2026 in Perth, where shareholders will receive the annual report for the year ended 30 June 2026. The agenda includes consideration of the remuneration report on...
Great Northern Minerals Sets AGM Date and Director Nomination Deadline
Sep 17, 2026
Great Northern Minerals Limited has scheduled its Annual General Meeting for Thursday, 12 November 2026, in compliance with ASX Listing Rule 3.13.1. The AGM will be a key governance event where shareholders engage with the board and review the com...
Great Northern Minerals Uncovers Major Undrilled Targets at Douglas Creek
Sep 16, 2026
Great Northern Minerals has completed geophysical programs at its Douglas Creek Project, identifying several undrilled chargeability and magnetic anomalies linked to sulphide mineralisation and strong surface gold geochemistry. The work suggests a...
Great Northern Minerals files updated ASX corporate governance statement
Sep 3, 2026
Great Northern Minerals Limited has lodged its updated corporate governance statement for the year ended 30 June 2026, confirming compliance with ASX Listing Rules and the ASX Corporate Governance Council’s principles. The statement, current...
Great Northern Minerals Files 2026 Consolidated Annual Financial Report
Sep 3, 2026
Great Northern Minerals has released its consolidated annual financial report for the year ended 30 June 2026, providing shareholders with audited financial statements and accompanying disclosures. The report includes the directors’ report, ...
Great Northern Minerals Secures Contractor for Maiden Iron Butte Drilling in Nevada
Aug 31, 2026
Great Northern Minerals has secured Nevada-based Alford Drilling LLC for a maiden reverse circulation drilling campaign of about 3,000 metres at its Iron Butte Gold–Silver Project. A drill permit application has been lodged with the U.S. Bur...
Great Northern Minerals Issues New Shares Under Section 708A
Aug 17, 2026
Great Northern Minerals Limited has issued 224,751 fully paid ordinary shares on 14 August 2026, noting that the issuance was conducted without a disclosure document under section 708A(5) of the Corporations Act 2001. The company confirmed that it...
Great Northern Minerals Expands Listed Share Capital with New ASX Quotation
Aug 17, 2026
Great Northern Minerals Limited has applied for quotation of 224,751 new ordinary fully paid shares on the ASX, with the securities issued on August 14, 2026. The application under Appendix 2A indicates a modest expansion of the company’s li...
Great Northern Minerals Builds Nevada Position With Iron Butte Acquisition and Maiden Resource
Jul 30, 2026
Great Northern Minerals reported a busy June quarter dominated by its acquisition and rapid expansion of the Iron Butte gold–silver project in Nevada’s Battle Mountain-Cortez district. The company staked an additional 46 lode claims to...
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.