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Golden State Mining Ltd. (GSM) Share Price & Analysis

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GSM Stock Chart & Stats

A$0.01A$0.00(0.00%)
At close: 4:00 PM GMT+11
AU$0.01AU$0.011AU$0.012AU$0.013Aug 10Aug 24Sep 7Sep 21Sep 30Nov 5
Day’s Range
AUD 0.01 - AUD 0.01
52-Week Range
AUD 0.01 - AUD 0.03
Previous Close
AUD 0.01
Volume
N/A
Average Volume (3M)
257.06K
Market Cap
AUD 4.34M
Enterprise Value
AUD 4.19M
Total Cash (Recent Filing)
AUD 1.11M
Total Debt (Recent Filing)
AUD 0
Price to Earnings (P/E)
―
Beta
-0.06
Next Earnings
Mar 15, 2027 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Debt-Free Balance Sheet

The absence of reported debt gives Golden State Mining a cleaner leverage profile and reduces immediate refinancing and interest obligations. This provides greater financial flexibility than a similarly loss-making company with substantial borrowings, although it does not by itself resolve the need to fund ongoing operations.

Narrower Annual Loss

A narrower annual loss indicates that management may have reduced the company’s cost base or controlled expenses more effectively. If sustained, this could slow the rate of shareholder value erosion and improve the path toward eventual operating viability, even though profitability remains distant.

Improved Cash Burn

The improvement in cash burn during 2025–2026 is a constructive operating trend because it suggests lower cash consumption than in earlier periods. Sustaining that improvement would extend funding capacity and reduce the urgency of external capital, though free cash flow remains negative and volatile.

Bears Say

Revenue Collapse

Revenue near zero shows that the company is not currently generating sales at meaningful scale, weakening the foundation for operating leverage and internally funded growth. Without a durable recovery in revenue, cost reductions alone are unlikely to create a self-sustaining business or support consistent profitability.

Persistent Losses And Negative Returns

Continued net losses and strongly negative returns on equity indicate that capital invested in the company is not currently producing economic returns. This persistent value erosion can constrain strategic flexibility and makes future profitability dependent on a meaningful improvement in operations rather than balance-sheet structure alone.

Structural Cash Consumption

Recurring negative operating and free cash flow means losses are translating into real cash outflows, not merely accounting charges. This leaves the company dependent on external funding while operations remain weak, and volatile free-cash-flow growth increases uncertainty around how long available resources can support the business.

Golden State Mining Ltd. News

GSM FAQ

What was Golden State Mining Ltd.’s price range in the past 12 months?
Golden State Mining Ltd. lowest share price was AU$0.01 and its highest was AU$0.03 in the past 12 months.
What is Golden State Mining Ltd.’s market cap?
Golden State Mining Ltd.’s market cap is AU$4.34M.
When is Golden State Mining Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Golden State Mining Ltd.’s earnings last quarter?
Golden State Mining Ltd. released its earnings results on Sep 08, 2026. The company reported -AU$0.001 earnings per share for the quarter.
Is Golden State Mining Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Golden State Mining Ltd. pay dividends?
Golden State Mining Ltd. does not currently pay dividends.
What is Golden State Mining Ltd.’s EPS estimate?
Golden State Mining Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Golden State Mining Ltd. have?
Golden State Mining Ltd. has 482,465,270 shares outstanding.
What happened to Golden State Mining Ltd.’s price movement after its last earnings report?
Golden State Mining Ltd. reported an EPS of -AU$0.001 in its last earnings report. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Golden State Mining Ltd.?
Currently, no hedge funds are holding shares in AU:GSM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology