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GBM Resources Limited ( (AU:GBZ) ) has shared an announcement.
GBM Resources Limited announced several strategic developments in its September 2025 Quarterly Report, including the commencement of a Stage 1 drilling campaign at the Twin Hills Gold Project aimed at expanding its resource base. The company also consolidated full ownership of the Mt Coolon Gold Project, raised A$40 million through a successful placement, and continued its non-core asset divestment strategy by selling the White Dam gold project. These initiatives, alongside the appointment of a new CEO and board member, are expected to strengthen GBM’s operational capabilities and enhance its exploration prospects in the Drummond Basin.
The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.09 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.
More about GBM Resources Limited
GBM Resources Limited is a company focused on gold exploration and development, primarily operating in the Drummond Basin region of Queensland, Australia. The company’s key projects include the Twin Hills, Mt Coolon, and Yandan gold projects, which collectively offer significant mineral resources and exploration potential.
Average Trading Volume: 16,682,009
Technical Sentiment Signal: Hold
Current Market Cap: A$184.6M
For an in-depth examination of GBZ stock, go to TipRanks’ Overview page.