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Great Southern Mining Limited
(Sydney:GSN)
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Rating:47Neutral
Price Target:
AU$0.02
â–¼(-52.50% Downside)
Action:Reiterated
Date:09/30/26
The score is driven primarily by mixed financial performance: a meaningful 2026 earnings inflection and low leverage are positives, but persistent negative operating/free cash flow is a major risk to sustainability. Technical indicators are also weak (below key moving averages with negative MACD), while valuation is roughly neutral with a mid-range P/E and no dividend support.
Positive Factors
Conservative balance sheet
Very low leverage reduces financial risk and gives Great Southern Mining greater flexibility to fund exploration, absorb operational setbacks, or pursue opportunities without heavy interest obligations. Growth in equity and assets further supports resilience as the company advances its mineral projects.
Negative Factors
Persistent cash burn
Persistent negative operating and free cash flow means reported profitability has not yet translated into internally generated cash. This can require external funding or balance-sheet liquidity to sustain exploration and investment, increasing financing dependence if cash conversion does not improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage reduces financial risk and gives Great Southern Mining greater flexibility to fund exploration, absorb operational setbacks, or pursue opportunities without heavy interest obligations. Growth in equity and assets further supports resilience as the company advances its mineral projects.
Read all positive factors
Great Southern Mining Limited (GSN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.39M
Dividend YieldN/A
Average Volume (3M)1.11M
Price to Earnings (P/E)73.3
Beta (1Y)0.49
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees7
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,169,414,300
10 Day Avg. Volume1,612,409
30 Day Avg. Volume1,106,690
Financial Highlights & Ratios
PEG Ratio-0.57
Price to Book (P/B)1.05
Price to Sales (P/S)8.58
P/FCF Ratio-16.86
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 Southern Mining Limited Business Overview & Revenue Model
Company Description
Great Southern Mining Limited is an Australian entity primarily engaged in the exploration and assessment of gold deposits. The company also extends its search to include silver, nickel, copper, and other valuable minerals. It possesses complete o...
How the Company Makes Money
GSN is primarily an exploration-stage company, and specific, consistently recurring operating revenue streams from product sales (e.g., ore or refined metals) are not publicly evidenced in the provided prompt. As a result, the typical way an explo...
Great Southern Mining Limited Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
30
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.42M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 2.34M | -90.24K | -81.56K | -65.56K | -70.00K |
| EBITDA | 232.64K | -1.57M | -1.79M | -1.87M | -1.74M |
| Net Income | 277.06K | -1.71M | -1.99M | -1.94M | -1.83M |
Balance Sheet | |||||
| Total Assets | 20.56M | 15.04M | 13.72M | 13.26M | 11.01M |
| Cash, Cash Equivalents and Short-Term Investments | 4.76M | 1.14M | 1.11M | 1.58M | 917.83K |
| Total Debt | 158.11K | 87.82K | 155.04K | 60.54K | 669.75K |
| Total Liabilities | 787.14K | 473.19K | 469.09K | 542.66K | 1.48M |
| Stockholders Equity | 19.78M | 14.57M | 13.25M | 12.71M | 9.53M |
Cash Flow | |||||
| Free Cash Flow | -1.23M | -2.80M | -2.77M | -3.69M | -4.84M |
| Operating Cash Flow | -1.18M | -1.13M | -1.30M | -1.59M | -1.73M |
| Investing Cash Flow | 514.71K | -1.67M | -1.42M | -1.88M | -3.16M |
| Financing Cash Flow | 4.28M | 2.82M | 2.25M | 4.14M | 4.42M |
Great Southern Mining Limited Technical Analysis
Negative
0.04
Price Trends
0.03
Negative
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
41.17
Neutral
23.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GSN, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.17 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GSN.
Great Southern Mining 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% | |
54 Neutral | AU$24.85M | -6.75 | -18.93% | ― | ― | 23.17% | |
51 Neutral | AU$28.43M | -14.80 | -13.41% | ― | ― | 37.54% | |
47 Neutral | AU$23.39M | 73.33 | 1.54% | ― | ― | ― | |
46 Neutral | AU$22.54M | -1.13 | -67.63% | ― | ― | ― | |
43 Neutral | AU$24.12M | -39.36 | -4.60% | 53.78% | -100.00% | -80.00% | |
38 Underperform | AU$17.33M | -5.09 | -24.90% | ― | ― | 22.75% |
* Basic Materials Sector Average
AU:GSN
Great Southern Mining Limited
0.02
>-0.01
-27.59%
AU:JAV
Javelin Minerals Limited
0.09
0.01
19.44%
AU:HAW
Hawthorn Resources Limited
0.07
<0.01
1.56%
AU:LKY
Locksley Resources Limited
0.06
-0.43
-87.96%
AU:M79
Firetail Resources Limited
0.04
-0.14
-80.00%
AU:HTM
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0.27
-0.02
-5.36%
Great Southern Mining Limited Corporate Events
Great Southern Mining to Brief Investors on High-Impact Drilling and Golden Boulder Discovery
Oct 11, 2026
Great Southern Mining will host a live investor and shareholder webinar on 15 October 2026, led by Managing Director Matthew Keane, to discuss the company’s high-impact drilling programs in Western Australia and Queensland. The briefing will...
Great Southern Mining completes maiden Mt Dillon drilling at Edinburgh Park
Oct 7, 2026
Great Southern Mining has completed a maiden diamond drilling program at the Mt Dillon target within its Edinburgh Park Project in North Queensland. The campaign comprised two holes totalling 1,534.9 metres, both extended well beyond planned depth...
Great Southern Mining Extends High-Grade Gold at Golden Boulder
Oct 5, 2026
Great Southern Mining has reported further high-grade assay results from its Golden Boulder discovery within the Duketon Gold Project, reinforcing the prospect’s potential as a large, high-grade gold system. Mineralisation has now been defin...
Great Southern Mining Sets 2026 AGM Date and Director Nomination Deadline
Oct 1, 2026
Great Southern Mining Limited has scheduled its Annual General Meeting for Thursday, 26 November 2026, at 9.00 a.m. WST, with full meeting details to be provided to shareholders in a forthcoming Notice of Meeting and via the company’s websit...
Great Southern Mining updates governance framework and affirms ASX compliance
Sep 23, 2026
Great Southern Mining Limited has published its latest corporate governance statement for the year to 30 June 2026, confirming broad compliance with the ASX Corporate Governance Council’s fourth edition principles and recommendations. The bo...
Great Southern Mining Releases 2026 Annual Report
Sep 23, 2026
Great Southern Mining Limited has released its annual report for the year ended 30 June 2026, providing shareholders with an overview of its operations, financial performance and governance. The report includes a review of operations, directors...
Great Southern Mining strikes high-grade gold at Golden Boulder discovery
Sep 20, 2026
Great Southern Mining has reported strong initial assay results from the first 2,436m of a planned 14,000m reverse circulation drilling program at its Golden Boulder discovery within the Duketon Gold Project in Western Australia. The 19 holes anno...
Great Southern Mining reaffirms gold exploration and resource reporting
Sep 9, 2026
Great Southern Mining has outlined its current gold exploration activities across projects in Western Australia and Queensland, highlighting ongoing drilling aimed at defining exploration results and mineral resources. The release confirms that co...
Great Southern Mining Extends High-Grade Gold at Mon Ami Project
Aug 16, 2026
Great Southern Mining has reported strong assay results from the first six reverse circulation holes in a 16-hole program at its 100% owned Mon Ami Gold Project near Laverton. The drilling has extended the main gold lode down dip and down plunge, ...
Great Southern Mining Ramps Up Drilling at Amy Clarke Discovery
Aug 11, 2026
Great Southern Mining has launched a maiden reverse circulation drilling program at the emerging Amy Clarke discovery within its Duketon Gold Project in Western Australia, targeting around 2,300 metres across 18 holes. The program follows air core...
Great Southern Mining Director Matthew Blake Lifts Equity Stake
Jul 27, 2026
Director Matthew Blake has increased his relevant interest in Great Southern Mining Limited through on‑market purchases and an internal transfer between his direct and indirect holdings. His indirect holding via Mount Street Investments Pty ...
Great Southern Mining Starts Diamond Drilling at Mt Dillon Gold Target
Jul 22, 2026
Great Southern Mining has commenced a diamond drilling program of up to 1,300 metres at the Mt Dillon target within its Edinburgh Park Project in northern Queensland. The project lies in a gold-rich region hosting major deposits such as Ravenswood...
Great Southern Mining Director Increases Stake via Performance Rights Conversion
Jul 13, 2026
Great Southern Mining Limited has disclosed a change in director John Terpu’s indirect interests following the conversion of vested performance rights into fully paid ordinary shares. Through associated entities Valleybrook Investments Pty L...
Great Southern Mining Issues New Shares via Performance Rights Exercise
Jul 13, 2026
Great Southern Mining Limited has issued 7,000,000 fully paid ordinary shares following the exercise of an equivalent number of vested performance rights, expanding its share capital without a prospectus disclosure under the Corporations Act. The ...
Great Southern Mining Seeks ASX Quotation for 7 Million New Shares
Jul 13, 2026
Great Southern Mining Limited has applied for quotation of 7,000,000 new ordinary fully paid shares on the ASX, with an issue date of July 10, 2026. The application is lodged under Appendix 2A of the ASX Listing Rules and reflects the company̵...
Great Southern Mining Ramps Up Drilling at Golden Boulder Discovery
Jul 12, 2026
Great Southern Mining Limited has completed 16 reverse circulation drill holes totalling around 3,100 metres at its Mon Ami Gold Project south of Laverton, with first assay results expected within weeks. The company is now ramping up a major RC dr...
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.