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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 | -333.56K | -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% | |
54 Neutral | AU$238.62M | ― | ― | ― | ― | ― | |
54 Neutral | AU$51.95M | ― | -20.41% | ― | 400.00% | 21.71% | |
47 Neutral | AU$23.73M | ― | -12.25% | ― | ― | -791.67% | |
42 Neutral | AU$42.60M | ― | -19.04% | ― | ― | -4.00% | |
38 Underperform | AU$37.68M | ― | -13.91% | ― | ― | -48.72% | |
34 Underperform | AU$39.78M | ― | -184.34% | ― | ― | 40.17% |
GBM Resources Limited Corporate Events
GBM Resources Limited held a General Meeting on 4 August 2025, where all proposed resolutions were passed by poll. The resolutions included ratifying the issue of Tranche 1 and Tranche 2 Placement Shares, approving Director Placement Shares, and issuing Management Options. This successful meeting indicates strong shareholder support for the company’s strategic initiatives, potentially enhancing its operational capabilities and market position.
GBM Resources Limited announced a strategic repositioning involving a two-tranche placement to raise A$13.0 million, a board restructure, and the termination of a farm-in agreement with Wise Walkers Limited. The capital raised will enable GBM to repay its convertible debt, resulting in a debt-free balance sheet, and fund extensive exploration activities in the Drummond Basin. The board changes bring experienced leadership to the company, and Wise Walkers Limited has increased its stake, becoming a cornerstone investor with a 19.99% ownership. These developments position GBM to advance its gold exploration projects and potentially enhance its market standing.
GBM Resources Limited has released its Securities Trading Policy, which outlines the guidelines for Key Management Personnel (KMP) and other employees regarding the trading of company securities. The policy is designed to mitigate risks of insider trading and ensure compliance with ASX Listing Rules, particularly given the company’s current exploration phase where key inside information may arise from feasibility studies and exploration activities. The policy also emphasizes the serious legal and disciplinary consequences of insider trading.
GBM Resources Limited has announced a change in the substantial holding of its shares by Wise Walkers Limited. The voting power of Wise Walkers Limited has decreased from 9.99% to 7.85% due to a dilution resulting from the issuance of new shares. This change in shareholding may impact the influence Wise Walkers Limited has within the company, potentially affecting its strategic decisions and stakeholder interests.
GBM Resources Limited has completed the Tranche 1 payment under its Asset Sale Agreement with Lithium Energy Limited for the sale of its Mt Morgan Gold-Copper Project, receiving $400,000 as part of a potential $3.2 million deal. This transaction supports GBM’s strategy to divest non-core assets and focus on its Drummond Basin gold portfolio, enhancing its balance sheet and allowing the company to concentrate on expanding its resource base at Twin Hills.
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 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 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 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 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 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.
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 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.