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Great Southern Mining Limited (AU:GSN)
:GSN
Australian Market

Great Southern Mining Limited (GSN) AI Stock Analysis

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AU

Great Southern Mining Limited

(Sydney:GSN)

37Underperform
Great Southern Mining Limited is grappling with significant financial difficulties, marked by negative income, cash flow, and a lack of profitability. While the company benefits from a low debt-to-equity ratio, the absence of revenue and dependence on external financing present substantial risks. Technical indicators show a stable price but lack clear momentum, and valuation metrics signal ongoing financial struggles. These factors collectively result in a low overall stock score.

Great Southern Mining Limited (GSN) vs. S&P 500 (SPY)

Great Southern Mining Limited Business Overview & Revenue Model

Company DescriptionGreat Southern Mining Limited (GSN) is an Australian-based exploration company focused on the discovery and development of gold and other mineral resources. Operating primarily in Western Australia and Queensland, GSN's core business involves the exploration and evaluation of mineral prospects to identify economically viable deposits. The company's strategic focus is on expanding its portfolio of high-potential gold projects, leveraging advanced exploration techniques to enhance resource discovery and development.
How the Company Makes MoneyGreat Southern Mining Limited generates revenue primarily through the exploration and potential development of mineral resources, particularly gold. The company's primary revenue streams include the sale of mineral rights or interests in its exploration projects to larger mining companies, joint venture arrangements, and the eventual production and sale of minerals if commercially viable deposits are established. GSN may also engage in strategic partnerships or alliances to fund exploration activities, sharing the financial risks and rewards with partners. The company's earnings are significantly influenced by factors such as commodity prices, exploration success, market demand for minerals, and regulatory conditions impacting the mining sector.

Great Southern Mining Limited Financial Statement Overview

Summary
Great Southern Mining Limited faces significant financial challenges, characterized by a lack of revenue, persistent losses, and negative cash flow. While the company maintains a low level of debt relative to equity, the absence of revenue generation and reliance on external financing highlight the need for operational improvements and strategic shifts to achieve sustainable growth.
Income Statement
15
Very Negative
The company displays no revenue, contributing to consistent negative gross profit and net income, reflecting operational challenges. The EBIT and EBITDA margins are negative, indicating inefficient cost management and a lack of profitability. This performance suggests limited growth potential and substantial financial hurdles.
Balance Sheet
40
Negative
The company's balance sheet shows a reasonable equity ratio, although the total debt has increased slightly. The debt-to-equity ratio is low, indicating limited leverage, which provides some financial stability. However, the continuing increase in liabilities without corresponding asset growth could pose future risks.
Cash Flow
30
Negative
Free cash flow remains negative, although there is a noticeable improvement in operating cash flow relative to net income. The company is heavily reliant on financing to cover operational deficits. This reliance, coupled with negative free cash flow, underscores ongoing cash management challenges.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-46.28K-81.56K-65.56K-70.00K-65.44K-74.38K
EBIT
-1.09M-1.85M-2.34M-1.87M-2.17M-1.83M
EBITDA
-1.13M-1.83M-1.87M-1.74M-4.48M-1.75M
Net Income Common Stockholders
-1.99M-1.94M-1.83M-4.57M-1.88M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.12M1.11M1.58M917.83K1.38M3.07M
Total Assets
13.44M13.72M13.26M11.01M9.09M10.64M
Total Debt
30.01K155.04K60.54K669.75K301.63K800.45K
Net Debt
-1.09M-955.55K-1.52M-248.08K-1.08M-2.27M
Total Liabilities
464.38K469.09K542.66K1.48M1.70M2.36M
Stockholders Equity
12.97M13.25M12.71M9.53M7.39M8.28M
Cash FlowFree Cash Flow
-2.77M-3.69M-4.84M-4.48M-3.17M
Operating Cash Flow
-1.30M-1.59M-1.73M-1.29M-1.32M
Investing Cash Flow
-1.42M-1.88M-3.16M-3.18M-1.85M
Financing Cash Flow
2.25M4.14M4.42M2.79M6.02M

Great Southern Mining Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Positive
RSI
64.72
Neutral
STOCH
-11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GSN, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 64.72 is Neutral, neither overbought nor oversold. The STOCH value of -11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GSN.

Great Southern Mining Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUNST
78
Outperform
AU$26.99B22.8611.01%2.70%25.11%28.88%
AURMS
78
Outperform
$2.96B8.1926.42%3.01%54.37%310.22%
AUCYL
75
Outperform
AU$1.58B21.1435.27%148.01%
50
Neutral
$1.98B-1.08-21.29%3.61%1.96%-30.59%
AUGSN
37
Underperform
AU$21.93M-15.00%13.33%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:GSN
Great Southern Mining Limited
0.02
0.00
0.00%
AU:NST
Northern Star Resources Ltd
18.62
4.15
28.65%
AU:RMS
Ramelius Resources Limited
2.52
0.49
24.02%
AU:CYL
Catalyst Metals Limited
6.64
5.59
532.38%

Great Southern Mining Limited Corporate Events

Great Southern Mining Updates Duketon Drilling Results
Apr 24, 2025

Great Southern Mining Limited has updated its drilling results for the Duketon Gold Project, amending previous announcements to include the Reduced Level (RL) of each drill hole. This update, while minor, ensures more precise geological data, which could enhance the company’s exploration strategies and potentially impact its market positioning by providing stakeholders with more detailed information.

Great Southern Mining Reports Promising Drilling Results and New Exploration Anomalies
Apr 24, 2025

Great Southern Mining Limited reported the completion of a significant drilling program at its Duketon Gold Project, revealing promising assay results at the Golden Boulder prospect. The company also announced a joint venture with G Ex Australia Pty Ltd at the Edinburgh Park Project, where new anomalies suggest potential for large-scale gold-copper deposits. These developments could enhance GSN’s exploration capabilities and strengthen its position in the gold mining sector.

Great Southern Mining Reports High-Grade Gold Intercepts at Duketon Project
Apr 24, 2025

Great Southern Mining Limited announced the final results of its recent drilling program at the Duketon Gold Project, revealing high-grade gold intercepts at the Golden Boulder prospect. The company has identified a 1.5-kilometer mineralized strike length and has received heritage clearance to explore an additional 2 kilometers to the south. This development enhances the project’s potential, with the Golden Boulder prospect situated along a significant shear zone hosting multiple gold deposits. The results underscore the project’s promising outlook and potential impact on the company’s growth and industry positioning.

Great Southern Mining Limited Announces Cessation of Securities
Apr 2, 2025

Great Southern Mining Limited announced the cessation of 1,250,000 securities due to the expiry of options without exercise or conversion. This development may impact the company’s capital structure and could have implications for stakeholders as it reflects on the company’s financial strategies and market positioning.

Great Southern Mining Reports High-Grade Gold Intercepts at Duketon Project
Mar 20, 2025

Great Southern Mining Limited announced promising initial assay results from its recent reverse circulation drilling at the Duketon Gold Project’s Golden Boulder prospect. The results indicate high-grade gold mineralization in shallow drill holes, reinforcing the potential of a larger gold system at depth. This development strengthens the company’s confidence in their exploration strategy and positions them favorably within the gold mining sector.

Great Southern Mining Limited Announces Director’s Interest Change
Mar 13, 2025

Great Southern Mining Limited announced a change in the director’s interest, specifically involving Matthew Keane. The change includes the acquisition of 882,353 fully paid ordinary shares and 21,000,000 performance rights, approved at a general meeting. This adjustment in securities is part of the company’s strategic decisions to align interests and potentially enhance its operational and market positioning.

Great Southern Mining Director Increases Stake
Mar 13, 2025

Great Southern Mining Limited announced a change in the director’s interest, with John Terpu acquiring additional securities through Valleyrose Pty Ltd and Valleybrook Investments Pty Ltd. This acquisition, approved in a general meeting, increases Terpu’s holdings, potentially strengthening his influence within the company and indicating confidence in its future prospects.

Great Southern Mining Limited Releases Interim Financial Report for H2 2024
Mar 12, 2025

Great Southern Mining Limited has released its interim financial report for the half-year ended December 31, 2024. The report provides insights into the company’s financial performance, including statements of profit or loss, financial position, cash flows, and changes in equity. This release is crucial for stakeholders as it offers a comprehensive overview of the company’s financial health and operational efficiency during the specified period.

Great Southern Mining Limited Issues Performance Rights to Employees
Mar 12, 2025

Great Southern Mining Limited announced the issuance of 31,000,000 unquoted performance rights as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company growth objectives, potentially impacting the company’s operational dynamics and stakeholder engagement positively.

Great Southern Mining Limited Announces Quotation of New Securities
Mar 12, 2025

Great Southern Mining Limited has announced the application for quotation of 8,982,352 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date of March 11, 2025. This move is part of previously announced transactions, potentially impacting the company’s capital structure and providing additional resources for its ongoing exploration and development activities.

Great Southern Mining Limited Issues New Shares to Directors
Mar 12, 2025

Great Southern Mining Limited announced the issuance of 8,982,352 shares to certain directors, raising $0.153 million. This share issuance aligns with the terms set in December 2024, and the company has complied with relevant legal provisions, indicating a strategic move to strengthen its financial position.

Great Southern Mining Secures Shareholder Approval for Key Resolutions
Mar 5, 2025

Great Southern Mining Limited announced that all resolutions proposed at their Extraordinary General Meeting were passed by shareholder votes. This includes the ratification of prior share issues and related party participation in placements, which indicates strong shareholder support and could enhance the company’s capital structure and strategic initiatives.

Great Southern Mining Uncovers Second Major IP Anomaly at Edinburgh Park
Feb 18, 2025

Great Southern Mining Limited has identified a second large-scale induced polarisation (IP) anomaly at the Edinburgh Park JV, specifically at the Mt Dillon target in Northern Queensland. This discovery follows a previous detection at the Leichhardt Creek target and suggests the potential presence of porphyry gold-copper and/or epithermal gold deposits. The company has entered into an Early Works Agreement with the Juru People for heritage protection and plans to commence drilling in the June Quarter of 2025, subject to seasonal and survey conditions. The ongoing geophysical surveys and mapping are expected to uncover further targets, potentially enhancing the project’s value and appeal to stakeholders.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.