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Great Boulder Resources Ltd
(Sydney:GBR)
Great Boulder Resources Ltd (GBR) vs. iShares MSCI Australia ETF (EWA)
Great Boulder Resources Ltd Business Overview & Revenue Model
Great Boulder Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 149.58K | 149.58K | 53.74K | 47.25K | 3.67K | 0.00 |
| Gross Profit | 143.58K | 149.58K | 30.63K | -66.69K | -74.56K | -56.36K |
| EBITDA | -2.21M | -2.21M | -2.47M | -3.45M | -3.20M | -682.17K |
| Net Income | -3.42M | -3.42M | -15.44M | -3.23M | -3.10M | -752.37K |
Balance Sheet | ||||||
| Total Assets | 36.63M | 36.63M | 22.41M | 31.28M | 26.28M | 17.13M |
| Cash, Cash Equivalents and Short-Term Investments | 12.48M | 12.48M | 2.93M | 4.94M | 9.08M | 6.76M |
| Total Debt | 175.99K | 175.99K | 170.66K | 109.42K | 150.63K | 114.09K |
| Total Liabilities | 1.60M | 1.60M | 960.23K | 1.45M | 534.65K | 646.41K |
| Stockholders Equity | 35.03M | 35.03M | 21.45M | 24.75M | 21.16M | 16.48M |
Cash Flow | ||||||
| Free Cash Flow | -7.32M | -7.32M | -7.35M | -10.48M | -9.44M | -4.25M |
| Operating Cash Flow | -1.57M | -1.57M | -1.98M | -1.95M | -2.00M | -312.18K |
| Investing Cash Flow | -4.85M | -4.85M | -6.02M | -8.31M | -7.06M | -3.94M |
| Financing Cash Flow | 15.97M | 15.97M | 5.99M | 6.12M | 11.38M | 10.29M |
Great Boulder Resources Ltd Technical Analysis
Great Boulder Resources Ltd Peers Comparison
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% | |
51 Neutral | AU$200.43M | -53.26 | -2.34% | ― | ― | ― | |
50 Neutral | AU$335.22M | -33.33 | -27.95% | ― | ― | -43.08% | |
49 Neutral | AU$103.51M | -20.42 | -12.09% | ― | ― | 81.03% | |
48 Neutral | AU$79.49M | 158.00 | 0.85% | ― | -16.97% | -94.15% | |
48 Neutral | AU$89.79M | -4.52 | -103.22% | ― | ― | -278.88% | |
45 Neutral | AU$132.01M | -0.45 | -116.31% | ― | ― | -414.88% |
Great Boulder Resources Ltd Corporate Events
Great Boulder Resources has restarted an intensive drilling campaign at its +1Moz Side Well Gold Project in Western Australia, deploying three rigs to drive rapid resource growth and advance development options. The program includes deep diamond drilling at the Mulga Bill deposit, where a recent intersection of coarse gold 250m below previous drilling highlighted significant high-grade potential at depth, and AC/RC drilling across the Central and Eastern corridors as well as the Flagpole and Ironbark areas. With 1.02Moz currently defined—61% in the Indicated category and 90% deemed suitable for open-pit mining, including a 642,000oz resource at Mulga Bill—Great Boulder is aiming to expand what it believes could become one of the largest gold endowments in the Meekatharra region, supported by strong planned news flow from more than 10,000m of drilling per month and strategic optionality from nearby processing infrastructure.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has issued 7,594,266 fully paid ordinary shares following the exercise of options, conducted without a disclosure document under the relevant provisions of the Corporations Act 2001. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and stated it is not holding any undisclosed material information, signalling that the capital change has been executed within existing regulatory frameworks and without hidden risks flagged for current or prospective investors.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has applied to the ASX for quotation of 7,594,266 new fully paid ordinary shares under code GBR, following the exercise or conversion of existing options or other convertible securities. The additional stock will increase the company’s free float and may enhance liquidity for shareholders once the new shares commence trading on 16 January 2026, although the announcement provides no further detail on the use of proceeds or strategic implications of the enlarged capital base.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has issued 18,420,051 new fully paid ordinary shares following the exercise of options, doing so without a prospectus in reliance on disclosure relief provisions of the Corporations Act. The company confirmed it remains compliant with its continuous disclosure and reporting obligations and stated it is not holding any undisclosed price-sensitive information, signalling that the expanded share base arises from routine option conversions rather than a change in its operational or strategic outlook.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has applied to the ASX for quotation of 18,420,051 new fully paid ordinary shares, to be traded under its existing code GBR from 12 January 2026. The additional securities, issued following the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may provide increased liquidity for investors, marking a modest capital structure update without further disclosed operational details.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Limited has reported a change in the holdings of Managing Director Andrew Paterson, reflecting the conversion of previously granted performance rights into ordinary shares. The transaction, cleared in advance to occur during a closed period, increases Paterson’s direct shareholding from 6,278,178 to 13,278,178 ordinary fully paid shares, while his unconverted performance rights fall to 4,500,000. The move underscores a shift from performance-based incentives into equity, further aligning the director’s interests with those of shareholders and signalling confidence in the company’s future performance without any associated cash consideration or new capital raised.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has issued 11,086,279 fully paid ordinary shares arising from the exercise of options and the conversion of performance rights, doing so without a prospectus under the relevant provisions of the Corporations Act. The company states it is fully compliant with its financial reporting and continuous disclosure obligations and confirms it is not holding any undisclosed price-sensitive information, indicating that the new share issuance should integrate into the market without additional regulatory or disclosure concerns for investors.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Limited has applied for quotation on the ASX of 11,086,279 additional ordinary fully paid shares, effective 6 January 2026, following the exercise or conversion of existing options or other convertible securities. The expanded share capital increases the company’s listed equity base, potentially enhancing liquidity in its stock and reflecting ongoing investor participation in its securities, though specific use of funds or strategic implications were not detailed in the filing.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources has issued 378,825 fully paid ordinary shares following the exercise of options, with the new shares being issued without a prospectus in reliance on provisions of the Corporations Act. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated it is not holding any undisclosed price-sensitive information, providing assurance to shareholders and the market regarding the transparency and regulatory compliance of this capital move.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Limited has applied to the ASX for quotation of 378,825 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The relatively small capital issuance formalises these securities for trading on the market and marginally increases the company’s free float and equity base, providing additional liquidity for shareholders without materially altering its capital structure.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources has updated the Mineral Resource Estimate for its Side Well Gold Project, announcing a substantial high-grade gold resource of 1.02 million ounces. The project shows enormous multi-million-ounce potential bolstered by strong results at Mulga Bill and four new deposits achieving maiden resource estimations. Approximately 61% of the resources are in the higher-confidence Indicated category, with 90% feasible for open-pit mining. With further exploration planned for 2026 and new mining lease applications imminent, the company is positioning itself for significant growth and production progression.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has announced a significant discovery of coarse visible gold during its first deep drilling program at the Mulga Bill site, part of the Side Well Gold Project. This discovery, found 200 meters deeper than previous drilling, confirms the large-scale potential of the Mulga Bill – Eaglehawk gold system, enhancing the project’s prospects and potentially impacting the company’s market positioning positively.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Ltd has announced significant assay results from its recent drilling programs at the Side Well Gold Project, particularly at the Eaglehawk, Mulga Bill East, and Golden Bracelet sites. High-grade gold intersections were reported, including a notable 1 meter at 481.00g/t Au at Eaglehawk. The company is progressing with resource estimation for five deposits and anticipates an updated Mineral Resource Estimate by the end of 2025. This development is expected to enhance the company’s growth prospects and strengthen its position in the gold mining sector.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
Great Boulder Resources Limited announced a change in the director’s interest, specifically regarding the expiration and cancellation of 2,000,000 unexercised options held by Director Karen O’Neill. This update reflects the company’s ongoing management of its securities and may impact the director’s stake in the company, although it does not directly affect the company’s operational activities or market positioning.
Great Boulder Resources Ltd has announced the cessation of 2,000,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could influence investor perceptions, potentially affecting its market positioning.
Great Boulder Resources Ltd held its annual general meeting on November 18, 2025, where several resolutions were put to vote. Key outcomes included the re-election of Ms. Melanie Leighton as a director, the ratification of prior issues of service provider options and placement shares, and the election of Chris Tuckwell as a director. However, the approval for an additional placement facility was not carried. These decisions reflect the company’s ongoing efforts to strengthen its leadership and operational capabilities, although the rejection of the additional placement facility may impact its funding strategy.
Great Boulder Resources Ltd has announced a significant discovery at its Eaglehawk deposit within the Side Well Gold Project, with a new high-grade zone intersecting 105 meters at 2.41 g/t Au. This discovery suggests the presence of a high-grade structure similar to those found in other successful deposits, potentially enhancing the project’s resource estimate. The company plans further drilling to better understand the extent and orientation of this zone, which could significantly impact its operations and market positioning.
Great Boulder Resources has announced significant findings from its first phase of regional drilling at the Side Well Gold Project, revealing multiple new gold targets. The drilling, which included 119 aircore holes over 8,900 meters, identified high-grade gold intersections and extended the Eaglehawk deposit by 500 meters. These results highlight the potential for substantial mineralization in previously unexplored areas, enhancing the project’s prospects and potentially impacting the company’s market position positively.
Great Boulder Resources Ltd reported a highly active quarter with over 26,000 meters of drilling completed at the Side Well Gold Project, marking the busiest quarter in its history. The company is preparing for a Mineral Resource Estimate update in December 2025, following successful drilling that extended high-grade gold mineralization. Additionally, Great Boulder secured a $5 million placement from institutional investors to further accelerate its growth, with plans for continued drilling into 2026.
Great Boulder Resources Ltd has reported significant high-grade gold intersections from recent drilling at its Eaglehawk deposit, part of the Side Well Gold Project. The results, including a notable 6m at 121.07g/t Au, support the potential for a high-grade resource similar to the company’s Mulga Bill deposit. The company is also advancing its drilling efforts at the Ironbark and Mulga Bill East sites, with plans to update its resource estimates, indicating a busy period ahead with substantial news flow expected.
Great Boulder Resources Ltd has issued an addendum to its Notice of Annual General Meeting to include an additional resolution regarding the appointment of a Non-Executive Director. The company emphasizes the importance of shareholder participation in the meeting, encouraging those unable to attend in person to submit their votes via a Replacement Proxy Form by the specified deadline. This move reflects the company’s commitment to transparent governance and strategic leadership enhancement.
Great Boulder Resources Ltd has issued an addendum to its 2025 Notice of Annual General Meeting, introducing an additional resolution for the election of Chris Tuckwell as a director. The addendum also includes a replacement proxy form to ensure clarity in shareholder voting, allowing shareholders to update their votes on existing resolutions or vote on the new resolution. This move highlights the company’s commitment to maintaining transparent governance practices and engaging shareholders in key decision-making processes.
Great Boulder Resources Ltd has announced the issuance of 2,000,000 unquoted options set to expire on October 21, 2028, with an exercise price of $0.135. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and providing strategic financial flexibility.