Great Northern Minerals Limited AI Stock Analysis
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Great Northern Minerals Limited (GNM) AI Stock Analysis
Great Northern Minerals Limited
(ASX:GNM)
The overall score is critically low, driven primarily by the company's non-existent revenue, deep operating losses, and continuous cash burn, which make it entirely dependent on external financing. This fundamental weakness is compounded by a deeply bearish technical trend and an uninvestable valuation profile. The only slight support comes from a debt-free balance sheet, but it is insufficient to offset the severe operational and market headwinds.
Great Northern Minerals Limited (GNM) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 8.40M
- Dividend Yield
- ―
- Average Volume (3M)
- 259.56K
- Price to Earnings (P/E)
- -1.2
- Beta (1Y)
- 1.15
- Revenue Growth
- ―
- EPS Growth
- -255.00%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
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 Northern...
Great Northern Minerals Limited Financial Statement Overview
Summary
The company is pre-revenue with persistent and widening operating losses and significant cash burn. The only mitigating factor is a recently strengthened, debt-free balance sheet, which provides a temporary runway but does not offset the critical lack of revenue or profitability.
Income Statement
8Very NegativeBalance Sheet
55NeutralCash Flow
10Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 49.40K | 1,800 |
| Gross Profit | -6,014 | -6,014 | -7,337 | -23.37K | 8,268 | -40.02K |
| EBITDA | -5.76M | -5.76M | -789.86K | -1.48M | 1.41M | -6.88M |
| Net Income | -3.81M | -3.81M | -615.54K | -2.01M | 1.36M | -6.93M |
Balance Sheet | ||||||
| Total Assets | 10.14M | 10.14M | 1.41M | 3.75M | 4.73M | 6.20M |
| Cash, Cash Equivalents and Short-Term Investments | 3.75M | 3.75M | 1.29M | 230.20K | 1.23M | 2.75M |
| Total Debt | 0 | 0 | 0 | 0 | 11.67K | 44.99K |
| Total Liabilities | 143.24K | 143.24K | 57.31K | 2.33M | 2.36M | 6.79M |
| Stockholders Equity | 9.99M | 9.99M | 1.35M | 2.47M | 3.59M | 638.17K |
Cash Flow | ||||||
| Free Cash Flow | -1.59M | -1.59M | -744.32K | -1.57M | -2.85M | -1.96M |
| Operating Cash Flow | -1.36M | -1.36M | -744.32K | -1.56M | -2.83M | -1.96M |
| Investing Cash Flow | 1.20M | 1.20M | 1.81M | 568.39K | 179.75K | 0 |
| Financing Cash Flow | 2.63M | 2.63M | 0 | -9,544 | 1.13M | 2.81M |
Great Northern Minerals Limited Technical Analysis
Price Trends
Market Momentum
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 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 28.50 is Positive, neither overbought nor oversold. The STOCH value of 6.67 is Positive, 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
Overall Rating
AU:TRM44Neutral
AU:KAL42Neutral
AU:FG141Neutral
AU:PGD39Underperform
AU:RMX39Underperform
AU:GNM38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 44Neutral | AUD 9.22M | -42.00 | -15.22% | ― | ― | -18.75% | |
| 42Neutral | AUD 10.65M | -4.36 | -9.75% | ― | ― | 32.76% | |
| 41Neutral | AUD 9.92M | -1.73 | -201.09% | ― | ― | 41.73% | |
| 39Underperform | AUD 13.65M | -3.31 | -55.21% | ― | -100.00% | -8.36% | |
| 39Underperform | AUD 11.09M | -1.45 | -108.20% | ― | ― | -18.97% | |
| 38Underperform | AUD 8.40M | -1.20 | -40.48% | ― | ― | -255.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:GNM | Great Northern Minerals Limited | 0.02 | -0.04 | -70.69% | |
| AU:TRM | Truscott Mining Corporation Ltd | 0.04 | -0.04 | -47.50% | |
| AU:RMX | Red Mountain Mining Ltd | 0.01 | -0.03 | -73.68% | |
| AU:KAL | Kalgoorlie Gold Mining Limited | 0.02 | -0.04 | -72.58% | |
| AU:FG1 | Flynn Gold Ltd. | 0.01 | -0.01 | -36.36% | |
| AU:PGD | Peregrine Gold Ltd. | 0.12 | -0.15 | -54.72% |
Great Northern Minerals Limited Corporate Events
Great Northern Minerals Reports All AGM Resolutions Passed
Great Northern Minerals Limited (ASX: GNM) reported that all resolutions at its annual general meeting on 12 November 2026 passed by the required majority. The resolutions covered adoption of the remuneration report, re-election of Steven Formica, ap...
Great Northern Minerals readies maiden Nevada drilling as new targets emerge
Great Northern Minerals has advanced exploration at its Iron Butte project in Nevada, completing a review of historical geochemical and induced polarisation data that identified four new drill targets beneath and around its existing gold-silver resou...
Great Northern Minerals Sets November AGM, Pushes Digital Shareholder Communication
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 materials...
Great Northern Minerals Sets November AGM to Review Governance and Board
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 an...
Great Northern Minerals Sets AGM Date and Director Nomination Deadline
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 compan...
Great Northern Minerals Uncovers Major Undrilled Targets at Douglas Creek
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 la...
Great Northern Minerals files updated ASX corporate governance statement
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 as of 3...
Great Northern Minerals Files 2026 Consolidated Annual Financial Report
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, profit an...
Great Northern Minerals Secures Contractor for Maiden Iron Butte Drilling in Nevada
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. Bureau of La...
Great Northern Minerals Issues New Shares Under Section 708A
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 re...
Great Northern Minerals Expands Listed Share Capital with New ASX Quotation
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 listed capi...
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: Oct 13, 2026
