Top Page
GBM Resources Limited
(Sydney:GBZ)
GBM Resources Limited (GBZ) vs. iShares MSCI Australia ETF (EWA)
GBM Resources Limited Business Overview & Revenue Model
GBM Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 54.39K | 178.15K | 83.60K | 2.17M | 3.33M | 80.87K |
| Gross Profit | -186.73K | 178.15K | 83.60K | -1.39M | 66.44K | -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 | -642.34K | 267.85K |
Balance Sheet | ||||||
| Total Assets | 62.91M | 62.91M | 61.14M | 63.98M | 55.71M | 38.09M |
| Cash, Cash Equivalents and Short-Term Investments | 1.84M | 1.84M | 1.62M | 2.03M | 836.15K | 5.68M |
| Total Debt | 6.19M | 6.19M | 6.02M | 7.49M | 249.09K | 63.72K |
| Total Liabilities | 22.09M | 22.09M | 21.74M | 23.62M | 17.26M | 8.75M |
| Stockholders Equity | 40.82M | 40.82M | 39.39M | 40.36M | 38.44M | 29.34M |
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 Flow | 2.44M | 2.44M | 3.62M | 8.91M | 9.10M | 12.38M |
GBM Resources Limited 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$50.77M | -9.32 | -20.41% | ― | 400.00% | 21.71% | |
47 Neutral | AU$23.39M | -6.17 | -12.25% | ― | ― | -791.67% | |
42 Neutral | AU$38.12M | -13.08 | -19.04% | ― | ― | -4.00% | |
41 Neutral | AU$184.59M | -12.06 | ― | ― | ― | ― | |
38 Underperform | AU$36.17M | -8.10 | -13.91% | ― | ― | -48.72% | |
34 Underperform | AU$49.58M | -13.87 | -184.34% | ― | ― | 40.17% |
GBM Resources Limited Corporate Events
GBM Resources Limited has announced a change in its share registry services, which will now be managed by Automic Pty Ltd starting from December 8, 2025. This transition aims to provide shareholders with a more efficient and accessible online portal to manage their holdings, potentially enhancing shareholder engagement and operational efficiency.
GBM Resources Limited has successfully completed the divestment of its White Dam gold-copper heap leach project in South Australia to Pacgold Limited. This transaction provides GBM with non-dilutionary funding, enabling the company to concentrate on its Drummond Basin gold assets, particularly the Twin Hills Gold Project, while maintaining potential benefits from both White Dam and Pacgold’s other assets.
GBM Resources Limited has announced the appointment of William Buck Audit (WA) Pty Ltd as its new auditor, following the resignation of HLB Mann Judd. This change, approved by shareholders and consented by ASIC, is part of a strategic review of the company’s external audit arrangements, with William Buck chosen for their expertise and competitive fees.
GBM Resources Limited held its Annual General Meeting on November 19, 2025, where all proposed resolutions were passed by poll. Key resolutions included the election and re-election of directors and the approval and ratification of placement shares. The successful passing of these resolutions supports the company’s strategic direction and governance, potentially strengthening its market position and stakeholder confidence.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.