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GBM Resources Limited (AU:GBZ)
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GBM Resources Limited (GBZ) AI Stock Analysis

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AU:GBZ

GBM Resources Limited

(Sydney:GBZ)

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Neutral 41 (OpenAI - 4o)
Rating:41Neutral
Price Target:
AU$0.03
â–²(6.67% Upside)
GBM Resources Limited's overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. The technical analysis indicates weak market momentum, and the valuation is unattractive due to a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.
Positive Factors
Revenue Growth
The substantial revenue growth indicates strong top-line expansion, suggesting successful exploration efforts and increased project valuation potential.
Balance Sheet Health
A low debt-to-equity ratio suggests a stable capital structure, providing financial flexibility and reducing risk from interest obligations.
Cash Flow Improvements
Significant improvement in free cash flow indicates better cash generation, which can support ongoing exploration and development activities.
Negative Factors
Profitability Challenges
Persistent profitability issues suggest operational inefficiencies and high costs, which could hinder long-term financial health and shareholder returns.
Negative Operating Cash Flow
Negative operating cash flow indicates ongoing cash flow challenges, potentially limiting the company's ability to fund operations and growth without external financing.
Negative Return on Equity
Negative return on equity suggests the company is not effectively using shareholder capital to generate profits, impacting long-term investor confidence.

GBM Resources Limited (GBZ) vs. iShares MSCI Australia ETF (EWA)

GBM Resources Limited Business Overview & Revenue Model

Company DescriptionGBM Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, silver, copper, and iron oxide. Its flagship project is the Mount Coolon gold project that covers an area of approximately 2,613 square kilometers located in the Drummond basin in Queensland. The company was incorporated in 2007 and is based in Mt Pleasant, Australia.
How the Company Makes MoneyGBM Resources Limited generates revenue primarily through the exploration and development of its mineral assets, particularly gold and copper. The company typically does not have significant revenue from sales as it focuses on finding and acquiring mineral resources. Its revenue model is largely dependent on increasing the value of its projects through exploration success, which can lead to potential joint ventures, partnerships, or the sale of mineral rights to larger mining companies. Additionally, GBM may receive funding through capital raises, strategic partnerships, or grants aimed at advancing its exploration projects. The company may also benefit from market conditions that favor rising commodity prices, which can enhance the value of its exploration assets.

GBM Resources Limited Financial Statement Overview

Summary
GBM Resources Limited demonstrates strong revenue growth but faces significant profitability challenges. The balance sheet is stable with low leverage, but the company struggles to generate positive returns. Cash flow improvements are notable, yet operational cash flow remains a concern. Overall, the company shows potential for growth but needs to address profitability and cash flow issues to enhance financial health.
Income Statement
35
Negative
GBM Resources Limited shows a significant revenue growth rate of 227.55% in the latest year, indicating strong top-line expansion. However, the company struggles with profitability, as evidenced by negative net profit margins and EBIT margins. The gross profit margin is positive, but the negative EBIT and net income suggest operational inefficiencies and high costs.
Balance Sheet
45
Neutral
The company maintains a low debt-to-equity ratio of 0.15, indicating conservative leverage. However, the return on equity is negative, reflecting challenges in generating returns for shareholders. The equity ratio is relatively healthy, suggesting a stable capital structure.
Cash Flow
40
Negative
Free cash flow has improved significantly with a growth rate of 89.79%, but operating cash flow remains negative, indicating cash flow challenges. The free cash flow to net income ratio is high, suggesting that despite negative net income, the company is generating some free cash flow.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue54.39K178.15K83.60K2.17M3.33M80.87K
Gross Profit-186.73K178.15K83.60K-1.39M66.44K-49.69K
EBITDA-5.24M-4.99M-1.34M-782.51K-273.86K-6.67K
Net Income-3.91M-3.91M-5.93M-2.11M-642.34K267.85K
Balance Sheet
Total Assets62.91M62.91M61.14M63.98M55.71M38.09M
Cash, Cash Equivalents and Short-Term Investments1.84M1.84M1.62M2.03M836.15K5.68M
Total Debt6.19M6.19M6.02M7.49M249.09K63.72K
Total Liabilities22.09M22.09M21.74M23.62M17.26M8.75M
Stockholders Equity40.82M40.82M39.39M40.36M38.44M29.34M
Cash Flow
Free Cash Flow-1.76M-2.44M-5.54M-12.13M-14.79M-8.73M
Operating Cash Flow-414.20K-414.20K-2.15M-4.00M-513.61K-1.43M
Investing Cash Flow-1.81M-1.81M-1.75M-3.85M-13.42M-6.65M
Financing Cash Flow2.44M2.44M3.62M8.91M9.10M12.38M

GBM Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
51
Neutral
AU$43.49M-8.18-20.41%―400.00%21.71%
47
Neutral
AU$19.26M―-12.25%――-791.67%
42
Neutral
€28.03M―-19.04%――-4.00%
41
Neutral
AU$184.59M-12.06――――
38
Underperform
AU$32.40M―-13.91%――-48.72%
34
Underperform
AU$42.87M-12.04-184.34%――40.17%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:GBZ
GBM Resources Limited
0.03
0.02
200.00%
AU:ODY
Odyssey Gold Limited
0.03
<0.01
40.00%
AU:KRM
Kingsrose Mining Ltd
0.04
0.00
0.00%
AU:ICL
Iceni Gold Ltd.
0.06
<0.01
20.00%
AU:WGR
Western Gold Resources Ltd.
0.17
0.14
466.67%
AU:KZR
Kalamazoo Resources Ltd.
0.22
0.14
175.00%

GBM Resources Limited Corporate Events

GBM Resources Updates Director’s Securities Holdings
Nov 14, 2025

GBM Resources Limited announced a change in the director’s interest, specifically involving Andrew Krelle. The change involved the conversion of performance rights into fully paid ordinary shares, resulting in an increase of 5,000,000 shares and a decrease of 5,000,000 performance rights. This adjustment reflects the company’s ongoing efforts to align management interests with market performance, potentially impacting stakeholder confidence and market perception.

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.

GBM Resources Expands Share Issuance to Bolster Market Position
Nov 14, 2025

GBM Resources Limited has issued over 16 million fully paid ordinary shares, which are part of a class of securities quoted on the ASX. The company has complied with relevant provisions of the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements. This move signifies GBM’s ongoing efforts to strengthen its capital base and enhance its market position, potentially impacting its operations and stakeholder interests positively.

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.

GBM Resources Limited Announces Quotation of New Securities
Nov 13, 2025

GBM Resources Limited has announced the application for the quotation of 16,093,195 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to strengthen its financial position and support its ongoing exploration and development activities, potentially impacting its market standing and stakeholder interests.

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.

GBM Resources Uncovers High-Grade Gold at Lone Sister Deposit
Nov 11, 2025

GBM Resources Limited announced significant assay results from its first drilling program at the Lone Sister deposit, part of the Twin Hills Gold Project. The drilling revealed high-grade mineralisation outside the existing Mineral Resource Estimate, identifying new geological structures and styles of mineralisation. These findings are expected to enhance the company’s understanding of the deposit and inform future resource growth strategies.

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.

GBM Resources Boosts Exploration and Strategic Positioning in Drummond Basin
Oct 31, 2025

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.

GBM Resources Announces Director’s Interest Change
Oct 17, 2025

GBM Resources Limited has announced a change in the director’s interest notice, specifically involving Andrew Krelle. The changes include the acquisition of 5,000,000 fully paid ordinary shares and the disposal of 5,000,000 performance rights, resulting in a total holding of 30,000,000 shares and 20,000,000 performance rights. This adjustment reflects the conversion of performance rights upon meeting market vesting conditions, indicating a strategic realignment of the director’s investment in the company.

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.

GBM Resources Limited Announces 2025 Annual General Meeting
Oct 17, 2025

GBM Resources Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled for 19 November 2025 in Perth, Western Australia. The company will provide meeting materials electronically, encouraging shareholders to lodge proxy votes in advance. This move highlights GBM’s commitment to digital communication and efficient shareholder engagement, potentially impacting its operational transparency and stakeholder relations.

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.

GBM Resources Issues 615 Million Shares in Compliance with ASX Regulations
Oct 16, 2025

GBM Resources Limited has issued 615 million fully paid ordinary shares, which are part of a class of securities quoted on the ASX. This move was made without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legal requirements, indicating transparency and regulatory adherence.

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.

GBM Resources Limited Announces Issuance of 600 Million Securities
Oct 16, 2025

GBM Resources Limited announced the issuance of 600 million fully paid ordinary securities, as part of a previously announced transaction. This move is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and competitive positioning within the mining sector.

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.

GBM Resources Issues 15 Million New Shares for ASX Quotation
Oct 15, 2025

GBM Resources Limited announced the issuance of 15,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to leverage financial instruments for capital raising, potentially impacting its operational capabilities and market positioning positively.

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.

GBM Resources Strengthens Position in Drummond Basin with Strategic Consolidation
Oct 14, 2025

GBM Resources Ltd has announced a strategic consolidation of its projects in the Drummond Basin, aiming to enhance its scale and value potential. The company is currently undertaking a drilling program at Twin Hills to expand its existing resources, supported by a $40 million institutional placement to strengthen its financial position and drive growth in the region.

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.

GBM Resources Issues New Shares on ASX
Oct 14, 2025

GBM Resources Limited has issued 4,343,889 fully paid ordinary shares, which are part of a class of securities quoted on the Australian Securities Exchange. The company confirmed that the issuance was conducted without disclosure to investors under the specific provisions of the Corporations Act 2001, and it remains compliant with relevant regulatory requirements. This move could potentially impact the company’s financial structure and market positioning.

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.

GBM Resources Expands Share Quotation on ASX
Oct 14, 2025

GBM Resources Limited announced the issuance of 5,057,047 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code GBZ. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, which could have implications for its stakeholders by increasing the liquidity and attractiveness of its shares.

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.

GBM Resources Limited Announces Major Securities Issuance
Oct 9, 2025

GBM Resources Limited has announced a proposed issue of 751,919,699 ordinary fully paid securities, set for issuance on October 16, 2025. This move is part of a strategic effort to raise capital, potentially impacting the company’s operational capabilities and market positioning by providing additional financial resources to support its exploration and development activities.

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.

GBM Resources Secures $40 Million for Drummond Basin Expansion
Oct 9, 2025

GBM Resources Limited has announced a successful institutional placement, raising approximately A$39.85 million to advance its Drummond Basin gold assets in Queensland. The placement, supported by major shareholder Wise Walkers Limited and other investors, aims to strengthen the company’s balance sheet, enabling further exploration and development activities, and diversifying its shareholder base.

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.

GBM Resources Initiates Trading Halt for Capital Raising Announcement
Oct 6, 2025

GBM Resources Limited has requested a trading halt on its securities pending an announcement related to a capital raising. This move indicates a potential strategic financial maneuver that could impact the company’s market operations and investor interests, with trading expected to resume by October 9, 2025.

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.

GBM Resources Sells White Dam Project to Focus on Drummond Basin
Oct 6, 2025

GBM Resources Limited has announced the sale of its White Dam gold-copper heap leach project in South Australia to Pacgold Limited. This divestment aligns with GBM’s strategy to concentrate on its Drummond Basin gold assets, particularly the Twin Hills Gold Project, while retaining a stake in the potential success of White Dam through shares in Pacgold. The transaction includes an initial cash payment, shares in Pacgold, and a deferred payment contingent on future gold production. This move is expected to provide non-dilutive funding for GBM’s ongoing exploration efforts and resource growth at Twin Hills, amid favorable gold market conditions.

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.

GBM Resources Limited Announces Quotation of New Securities
Oct 3, 2025

GBM Resources Limited has announced the quotation of 1,020,937 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code GBZ, following the conversion of options or other convertible securities. This move is expected to enhance the company’s liquidity and provide additional capital for its ongoing projects, potentially strengthening its operational capabilities and market presence.

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.

GBM Resources Releases Corporate Governance Statement for FY2025
Sep 26, 2025

GBM Resources Limited has published its corporate governance statement for the financial year ending 30 June 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, providing transparency on its governance practices and ensuring stakeholders are informed about the company’s management and oversight structures.

The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.

GBM Resources Releases Comprehensive Financial Statements
Sep 26, 2025

GBM Resources Limited, listed on the Australian Securities Exchange under the code GBZ, has released its financial statements and corporate governance information. The release includes a comprehensive set of financial documents such as the Directors’ Report, Auditor’s Independence Declaration, and various consolidated financial statements. This announcement provides stakeholders with a detailed insight into the company’s financial health and governance practices, which are crucial for assessing its market position and operational efficiency.

The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.

GBM Resources Sets AGM Date and Director Nomination Deadline
Sep 18, 2025

GBM Resources Limited has announced the date for its Annual General Meeting (AGM) as 19 November 2025, where the re-election of Directors will be a key agenda item. The company has set 8 October 2025 as the deadline for director nominations, indicating a structured approach to governance and stakeholder engagement.

The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.

GBM Resources Issues New Shares to Bolster Market Position
Sep 15, 2025

GBM Resources Limited has announced the issuance of 5,597,264 fully paid ordinary shares, which are part of a class of securities quoted on the Australian Securities Exchange. This move was executed without disclosure to investors under the Corporations Act, and the company has confirmed compliance with relevant legal provisions. The announcement signifies GBM’s ongoing efforts to strengthen its financial position and market presence, potentially impacting its operational capabilities and stakeholder interests.

The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.

GBM Resources Expands Capital with New Securities Issuance
Sep 15, 2025

GBM Resources Limited has announced the issuance of 5,597,264 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code GBZ. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing exploration and development projects, potentially strengthening its position in the mining sector.

The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.

GBM Resources Regains Full Ownership of Mt Coolon Gold Project
Sep 14, 2025

GBM Resources Limited has regained 100% ownership of the Mt Coolon Gold Project in Queensland following Newmont’s withdrawal from a previous farm-in agreement. This consolidation significantly enhances GBM’s landholding in the Drummond Basin, a highly prospective area for gold exploration. The project includes a JORC resource of 330,000 ounces of gold and multiple untested targets, which GBM plans to explore further. The move aligns with GBM’s strategy to build a leading gold portfolio in the region, alongside its Twin Hills and Yandan projects, providing the company with substantial ground and flexibility to unlock value.

The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.

GBM Resources Initiates Drilling at Twin Hills Gold Project
Sep 8, 2025

GBM Resources Limited has commenced a 9,510-meter drilling program at its Twin Hills Gold Project in Queensland, aiming to expand its current mineral resource of approximately 1.0 million ounces of gold. The Stage 1 drilling campaign targets the 309 and Lone Sister deposits, with plans to explore new regional targets. This initiative marks a significant step in unlocking resource growth and enhancing the company’s exploration efforts, potentially increasing its market positioning and value for stakeholders.

GBM Resources to Host Investor Webinar on Exploration Plans
Sep 2, 2025

GBM Resources Limited announced an upcoming investor webinar where the CEO and a Non-Executive Director will discuss the company’s projects and near-term exploration plans in the Drummond Basin. This initiative highlights GBM’s commitment to transparency and engagement with stakeholders, potentially enhancing its market positioning and investor relations.

GBM Resources Expands Market Presence with New Share Issuance
Aug 18, 2025

GBM Resources Limited has issued over 16 million fully paid ordinary shares as part of its securities quoted on the Australian Securities Exchange. This move, executed without disclosure under specific provisions of the Corporations Act, indicates the company’s compliance with relevant financial regulations and suggests a strategic approach to enhance its market presence and operational capacity.

GBM Resources Limited Announces Quotation of New Securities
Aug 18, 2025

GBM Resources Limited has announced the application for quotation of 16,568,850 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code GBZ. This move indicates the company’s ongoing efforts to enhance its market presence and potentially increase its capital base, which could have implications for its operational capabilities and stakeholder interests.

GBM Resources Sees Major Shift in Shareholder Voting Power
Aug 18, 2025

GBM Resources Limited has experienced a significant change in its shareholder structure, with Wise Walkers Limited increasing its voting power from 7.85% to 19.95% through a placement and farm-in conversion. This substantial increase in shares held by Wise Walkers Limited, amounting to 769,817,227 ordinary shares, indicates a strategic move that could impact GBM Resources’ governance and decision-making processes, potentially affecting its market positioning and stakeholder interests.

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.Date of analysis: Nov 18, 2025