GBM Resources Limited (GBZ) AI Stock Analysis

• Market Cap: AU$26.90M
• Dividend Yield: N/A
• Average Volume (3M): 20.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.25
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,415,861,100
• 10 Day Avg. Volume: 14,112,497
• 30 Day Avg. Volume: 20,174,208
• PEG Ratio: 0.08
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

The overall stock score for GBM Resources Limited reflects significant financial challenges, including declining revenue and negative cash flows. The technical analysis provides limited insights due to the absence of data, while the valuation metrics indicate potential overvaluation due to a negative P/E ratio and lack of dividends. These factors collectively suggest a cautious outlook on the stock.

GBM Resources Limited Business Overview & Revenue Model

Company Description

GBM Resources Limited (GBZ) is an Australian-based mineral exploration and development company focused on the exploration and development of gold and copper assets. With a portfolio of projects located primarily in Queensland, Australia, the company is dedicated to discovering and advancing high-quality mineral resources to capitalize on the growing demand for precious metals.

How the Company Makes Money

GBM Resources Limited makes money primarily through the exploration and development of mineral properties with a focus on gold and copper. The company generates revenue by advancing its projects to a stage where they can either be sold, partnered with larger mining companies, or brought into production. Key revenue streams include the sale of mineral rights, joint ventures, and potential future production revenues once a mine is operational. Significant partnerships with other mining companies and investors often provide the necessary capital and expertise to advance these projects. Additionally, GBM Resources may earn income through government grants or incentives aimed at promoting mining activities in the region.

GBM Resources Limited Financial Statement Overview

Summary

GBM Resources Limited faces significant financial challenges, with declining revenue, persistent losses, and negative cash flows. While the balance sheet shows some stability through equity financing, the company's poor profitability and liquidity issues raise concerns about its financial health. The company needs to address its operational inefficiencies and improve its revenue-generating capacity to stabilize its financial position.

Income Statement

GBM Resources Limited has experienced a significant decline in total revenue over the last year, with a 94.86% drop from 2023 to 2024. The company has consistently reported negative EBIT and net income, indicating ongoing operational challenges. The gross profit margin has improved slightly, but the net profit margin remains deeply negative, reflecting substantial losses and poor profitability.

Balance Sheet

The company has a moderate debt-to-equity ratio, which indicates a balanced use of debt and equity in its capital structure. However, the return on equity is negative, reflecting ongoing losses. The equity ratio stands at around 64.43%, suggesting a reasonable level of stability in terms of asset financing through equity. Overall, the balance sheet shows mixed stability with potential risks due to sustained losses.

Cash Flow

Free cash flow remains negative, with no indication of improvement, as evidenced by a 54.34% decline from 2023 to 2024. The operating cash flow to net income ratio is negative, highlighting inefficiencies in converting revenue into cash. The cash flow situation is concerning, with significant cash outflows and negative free cash flow, indicating potential liquidity challenges.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	54.39K	83.60K	1.63M	3.33M	80.87K	54.19K
Gross Profit	54.39K	83.60K	-1.39M	66.44K	-49.69K	46.26K
EBITDA	-1.02M	-1.34M	-782.51K	-333.56K	―	-1.12M
Net Income	-552.83K	-5.93M	-2.11M	-642.34K	267.85K	-1.20M
Balance Sheet
Total Assets	61.29M	61.14M	63.98M	55.71M	38.09M	14.56M
Cash, Cash Equivalents and Short-Term Investments	1.09M	1.62M	2.03M	836.15K	5.68M	1.38M
Total Debt	7.45M	6.02M	7.49M	249.09K	63.72K	705.83K
Total Liabilities	22.78M	21.74M	23.62M	17.26M	8.75M	2.36M
Stockholders Equity	38.51M	39.39M	40.36M	38.44M	29.34M	12.20M
Cash Flow
Free Cash Flow	-1.29M	-5.54M	-12.13M	-14.79M	-8.73M	-2.73M
Operating Cash Flow	57.48K	-2.15M	-4.00M	-513.61K	-1.43M	-890.73K
Investing Cash Flow	-441.02K	-1.75M	-3.85M	-13.42M	-6.65M	-1.44M
Financing Cash Flow	48.84K	3.62M	8.91M	9.10M	12.38M	3.38M

GBM Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KZR	55 Neutral	AU$19.75M	―	-19.74%	―	―	-24.88%
ICL	47 Neutral	AU$22.31M	―	-5.25%	―	―	11.54%
Sector *	44 Neutral	C$979.29M	-6.67	-13.73%	2.43%	17.55%	-32.57%
GBZ	42 Neutral	AU$26.90M	―		―	―	―
ODY	42 Neutral	AU$22.08M	―	-18.08%	―	―	36.11%
KRM	38 Underperform	AU$24.11M	―	-8.88%	―	―	―
WGR	34 Underperform	AU$17.94M	―	-217.17%	―	―	26.13%

GBM Resources Limited Corporate Events

GBM Resources Announces General Meeting with Digital Focus

GBM Resources Limited has announced a General Meeting of Shareholders scheduled for 4 August 2025 in Perth, Western Australia. The company is emphasizing electronic distribution of meeting materials in compliance with recent legislative changes, encouraging shareholders to lodge proxy votes in advance and participate in the meeting through electronic means. This move reflects a broader industry trend towards digital communication, potentially increasing shareholder engagement and operational efficiency.

GBM Resources Appoints New Director with Significant Shareholding

GBM Resources Limited announced the appointment of Ian Middlemas as a director, effective from June 30, 2025. Middlemas holds a significant interest in the company through 200 million fully paid ordinary shares via Arredo Pty Ltd, indicating a strong alignment with shareholder interests and potentially influencing strategic decisions.

GBM Resources Announces Key Board and Executive Changes

GBM Resources Limited has announced significant changes to its board and executive team, with the appointment of Mr. Ian Middlemas as Non-Executive Chairman and the addition of Mr. Robert Behets and Mr. Peter Fox as Non-Executive Directors. Mr. Sunny Loh transitions to a Non-Executive Director role, and Mr. Peter Rohner steps down as Managing Director but remains as CEO until the end of July 2025. Additionally, Mr. Lachlan Lynch has been appointed as the new Company Secretary, bringing over a decade of corporate governance experience to the role. These changes are expected to impact the company’s strategic direction and governance structure, potentially influencing its operations and stakeholder relations.

GBM Resources Limited Announces Quotation of New Securities on ASX

GBM Resources Limited has announced the quotation of 244,791,132 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code GBZ. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially impacting its operational capabilities and stakeholder interests.

GBM Resources Completes Tranche 1 Capital Raising

GBM Resources Limited announced the completion of Tranche 1 of its capital raising initiative, issuing 244,791,132 ordinary shares at $0.006 per share. This move is part of a broader strategy to strengthen the company’s financial position and support its ongoing exploration and development activities. The company plans to proceed with Tranche 2, subject to shareholder approval, which includes a significant issuance of shares and options to various stakeholders. This capital raising effort is expected to bolster GBM’s operational capabilities and enhance its competitive standing in the mining industry.

GBM Resources Announces Proposed Securities Issue to Boost Capital

GBM Resources Limited has announced a proposed issue of securities, including options exercisable at various prices and a large number of ordinary fully paid shares. This move is expected to provide the company with additional capital, potentially strengthening its financial position and supporting its growth initiatives in the mining sector.

$13 Million Capital Raise and Board Restructure at GBM Resources to Boost Gold Exploration

GBM Resources Limited has announced a $13 million capital raise through a placement to institutional and sophisticated investors, which will enable the company to repay existing debt and fund exploration activities. The company is undergoing a board restructure, with Ian Middlemas appointed as Chairman and new directors joining the board, positioning GBM to accelerate its exploration program in the Drummond Basin, aiming to expand its gold resource base and deliver value to shareholders.

GBM Resources Initiates Trading Halt for Capital Raising and Board Changes

GBM Resources Limited has requested a trading halt on its securities pending an announcement regarding a proposed capital raising and new board appointments. This move indicates strategic changes within the company that could impact its financial structure and governance, potentially influencing its market positioning and stakeholder interests.

GBM Resources Advances Exploration and Asset Transactions in Q1 2025

GBM Resources Limited has released its quarterly activities report for the period ending March 31, 2025, highlighting significant developments across its projects. The company has engaged expert geophysicist David McInnes to enhance exploration efforts in the Drummond Basin, and discussions are ongoing to finalize the Twin Hills farm-in transaction. A sale agreement for the Mount Morgan asset has been executed with Lithium Energy Limited, involving cash payments and contingent milestones. Additionally, GBM is advancing its Mt Coolon Gold Project with Newmont, which has completed its minimum commitment under a farm-in agreement. The Cloncurry Copper Gold Project remains fully owned by GBM after Nippon Mining of Australia withdrew from a previous agreement, and GBM is considering proposals for its sale.

GBM Resources Reports Positive Drilling Results at Mt Coolon

GBM Resources Limited announced the completion of a successful air core drilling program at the Mt Coolon Gold Project, in partnership with Newmont. The drilling revealed significant gold anomalism at several sites, including Kamlands, Karamello, and Glen Robbins, with assays ranging from 0.10 g/t to 0.51 g/t Au. These results extend the known mineralization in the area, enhancing the project’s potential and supporting further exploration activities planned by Newmont for 2025. The findings are expected to improve geological interpretation and targeting, potentially impacting the company’s operations and industry positioning positively.

GBM Resources Highlights Promising Gold Exploration Results in Queensland

GBM Resources Limited presented at the Gold Coast Gold Conference, highlighting their exploration activities in the Drummond Basin, Queensland. The company shared impressive drill results from the Twin Hills project, indicating significant gold mineralization. This development underscores GBM’s potential to enhance its position in the gold mining sector, though the company acknowledges the early stage of its projects and the inherent risks and uncertainties involved.