Great Boulder Resources Ltd (AU:GBR)
ASX:GBR
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Great Boulder Resources Ltd
(Sydney:GBR)
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Rating:45Neutral
Price Target:
AU$0.09
â–¼(-3.33% Downside)
Action:ReiteratedDate:03/13/26
The score is primarily held back by weak financial performance—ongoing losses and negative operating/free cash flow—despite strong revenue growth and a low-leverage balance sheet. Technicals are mixed with neutral momentum, while valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Revenue Growth
A 55.32% revenue increase demonstrates the company is expanding its operational activity and commercial traction. Sustained top-line growth provides capacity to fund exploration, attract joint-venture partners and advance projects, supporting medium-term asset development and optionality.
Negative Factors
Negative Cash Flow
Ongoing negative operating and free cash flows indicate persistent cash burn from exploration and operating activities, requiring recurrent external capital. This structural cash deficit limits self-funding of drilling programs and elevates dilution or financing risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A 55.32% revenue increase demonstrates the company is expanding its operational activity and commercial traction. Sustained top-line growth provides capacity to fund exploration, attract joint-venture partners and advance projects, supporting medium-term asset development and optionality.
Read all positive factors
Great Boulder Resources Ltd (GBR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$97.83M
Dividend YieldN/A
Average Volume (3M)6.87M
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue GrowthN/A
EPS Growth81.03%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,099,221,000
10 Day Avg. Volume6,040,997
30 Day Avg. Volume6,865,009
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)1.25
Price to Sales (P/S)292.82
P/FCF Ratio-5.98
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 Boulder Resources Ltd Business Overview & Revenue Model
Company Description
Great Boulder Resources Limited operates as a mineral exploration company in Australia. The company primarily explores for gold and base metals. Its flagship project is the Side Well Gold Project consisting of a single tenement covering approximat...
How the Company Makes Money
null...
Great Boulder Resources Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 95.81K | 149.58K | 53.74K | 47.25K | 3.67K | 0.00 |
| Gross Profit | 17.43K | 149.58K | 30.63K | -66.69K | -74.56K | -56.36K |
| EBITDA | -2.91M | -2.21M | -2.47M | -3.45M | -3.20M | -682.17K |
| Net Income | -5.04M | -3.42M | -15.44M | -3.23M | -3.10M | -752.37K |
Balance Sheet | ||||||
| Total Assets | 40.74M | 36.63M | 22.41M | 31.28M | 26.28M | 17.13M |
| Cash, Cash Equivalents and Short-Term Investments | 12.00M | 12.48M | 2.93M | 4.94M | 9.08M | 6.76M |
| Total Debt | 133.50K | 175.99K | 170.66K | 109.42K | 150.63K | 114.09K |
| Total Liabilities | 1.84M | 1.60M | 960.23K | 1.45M | 534.65K | 646.41K |
| Stockholders Equity | 38.91M | 35.03M | 21.45M | 24.75M | 21.16M | 16.48M |
Cash Flow | ||||||
| Free Cash Flow | -4.23M | -7.32M | -7.35M | -10.48M | -9.44M | -4.25M |
| Operating Cash Flow | -1.64M | -1.57M | -1.98M | -1.95M | -2.00M | -312.18K |
| Investing Cash Flow | -8.01M | -4.85M | -6.02M | -8.31M | -7.06M | -3.94M |
| Financing Cash Flow | 16.37M | 15.97M | 5.99M | 6.12M | 11.38M | 10.29M |
Great Boulder Resources Ltd Technical Analysis
Negative
0.09
Price Trends
0.11
Negative
0.10
Negative
0.08
Positive
Market Momentum
>-0.01
Positive
38.42
Neutral
11.46
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GBR, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.11, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.42 is Neutral, neither overbought nor oversold. The STOCH value of 11.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GBR.
Great Boulder Resources Ltd 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$93.26M | 2.16 | 0.85% | ― | -16.97% | -94.15% | |
48 Neutral | AU$64.65M | 0.45 | 142.67% | ― | ― | -278.88% | |
47 Neutral | AU$154.18M | -18.30 | -2.72% | ― | ― | ― | |
47 Neutral | AU$335.12M | -13.41 | -22.74% | ― | ― | -43.08% | |
45 Neutral | AU$97.83M | -6.69 | -13.64% | ― | ― | 81.03% | |
41 Neutral | AU$92.08M | -12.92 | -67.75% | ― | ― | -414.88% |
* Basic Materials Sector Average
AU:GBR
Great Boulder Resources Ltd
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Great Boulder Resources Ltd Corporate Events
Great Boulder Resources Cancels 1.75 Million Performance Rights
Mar 20, 2026
Great Boulder Resources Ltd has notified the ASX of the cessation of 1,750,000 performance rights, recorded under the code GBRAP. The rights ceased on 20 March 2026 for reasons classified as other, reflecting an adjustment in the company’s i...
Great Boulder Releases Interim Financial Report for Half-Year 2025
Mar 3, 2026
Great Boulder Resources Limited has released its interim financial report for the half-year ended 31 December 2025, providing stakeholders with an overview of its operations, financial position and cash flows. The report includes a review of explo...
Great Boulder Resources Seeks Quotation for 1.94 Million New Shares
Feb 26, 2026
Great Boulder Resources Ltd has applied to the ASX for quotation of 1,941,345 new ordinary fully paid shares. The securities, issued on 26 February 2026 following the exercise or conversion of existing options or other convertible securities, will...
Great Boulder extends deep high-grade gold at Side Well, signalling strong growth potential
Feb 9, 2026
Great Boulder Resources has reported new high-grade drilling results that extend known gold mineralisation well below the existing 1Moz resource at its Side Well project in Western Australia. The latest diamond holes at the Ironbark deposit delive...
Great Boulder Resources Options Lapse on Expiry
Feb 2, 2026
Great Boulder Resources Limited has allowed 229,546 listed options (GBRAAA), exercisable at $0.075 and due to expire on 31 January 2026, to lapse without being exercised. The cessation of these options slightly reduces the company’s potentia...
Great Boulder Issues New Shares on Option Exercise, Confirms Regulatory Compliance
Feb 2, 2026
Great Boulder Resources Ltd has issued 705,393 fully paid ordinary shares following the exercise of options, with the new securities being issued without a prospectus under Australian Corporations Act provisions. The company confirmed it is up to ...
Great Boulder Resources Seeks ASX Quotation for 705,393 New Shares
Feb 2, 2026
Great Boulder Resources has applied to the ASX for quotation of 705,393 new fully paid ordinary shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities marginally e...
Great Boulder Advances Drilling at Side Well as Cash Position Strengthens
Jan 30, 2026
In the December 2025 quarter, Great Boulder Resources advanced exploration across its Western Australian portfolio, with a strong focus on the Side Well Gold Project where it continued drilling at targets such as Eaglehawk, Mulga Bill East, Ironba...
Great Boulder Issues 5.46 Million New Shares on Option Exercise
Jan 29, 2026
Great Boulder Resources Ltd has issued 5,460,786 fully paid ordinary shares following the exercise of options, without requiring a prospectus under Australian Corporations Act provisions. The company confirmed it is up to date with its financial r...
Great Boulder Resources Seeks ASX Quotation for 5.46 Million New Shares
Jan 29, 2026
Great Boulder Resources Ltd has applied to the ASX for quotation of 5,460,786 new fully paid ordinary shares, to be issued on 29 January 2026 following the exercise or conversion of existing options or other convertible securities. The additional ...
Great Boulder Issues Over 11.4 Million New Shares on Option Exercise
Jan 22, 2026
Great Boulder Resources Ltd has issued 11,490,525 fully paid ordinary shares following the exercise of options, with the shares being issued without a prospectus under the relevant provisions of the Corporations Act. The company confirmed it is up...
Great Boulder Resources Seeks ASX Quotation for 11.5 Million New Shares
Jan 22, 2026
Great Boulder Resources Ltd has applied to the ASX for quotation of 11,490,525 new fully paid ordinary shares under its ticker code GBR, effective 22 January 2026. The issue of these additional shares expands the company’s quoted capital bas...
Great Boulder Ramps Up Drilling to Expand 1Moz Side Well Gold Resource
Jan 19, 2026
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 d...
Great Boulder Issues New Shares on Option Exercise, Confirms Regulatory Compliance
Jan 16, 2026
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 complian...
Great Boulder Resources Seeks ASX Quotation for 7.6m New Shares
Jan 16, 2026
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 increa...
Great Boulder Issues 18.4 Million New Shares on Option Exercise
Jan 12, 2026
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...
Great Boulder Resources Seeks ASX Quotation for 18.4 Million New Shares
Jan 12, 2026
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...
Great Boulder MD Boosts Equity Stake via Performance Rights Conversion
Jan 6, 2026
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 durin...
Great Boulder Issues Over 11 Million New Shares from Options and Performance Rights
Jan 6, 2026
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 co...
Great Boulder Resources Seeks ASX Quotation for Over 11 Million New Shares
Jan 6, 2026
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 expan...
Great Boulder Issues New Shares on Option Exercise, Confirms Regulatory Compliance
Dec 30, 2025
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 dat...
Great Boulder Resources Seeks ASX Quotation for Additional Ordinary Shares
Dec 30, 2025
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 ...
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.