Golden Cross Resources Ltd (GCR) AI Stock Analysis

• Market Cap: AU$2.19M
• Dividend Yield: N/A
• Average Volume (3M): 16.89K
• Price to Earnings (P/E): ―
• Beta (1Y): -3.56
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: 1,097,256,100
• 10 Day Avg. Volume: 16,894
• 30 Day Avg. Volume: 16,894
• PEG Ratio: 0.00
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.22
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The score is primarily constrained by weak financial performance: no revenue, ongoing losses, continued negative operating/free cash flow, and rising leverage as equity declines. Technicals are largely neutral due to flat moving averages, while valuation is difficult to support given negative earnings and no dividend yield data.

Positive Factors

Strategic Location

The strategic location in a mineral-rich province enhances the company's potential for operational success and market presence, providing a durable competitive advantage in the precious metals industry.

Shareholder Support

Strong shareholder support for the board and strategic direction can provide stability and confidence in the company's governance, positively impacting long-term strategic execution.

Corporate Governance

Commitment to transparency and adherence to governance principles can improve stakeholder trust and operational accountability, supporting sustainable business practices.

Negative Factors

Zero Revenue

The absence of revenue generation indicates a fundamental weakness in the business model, limiting cash flow and profitability, which challenges long-term viability.

Rising Leverage

Increased leverage with declining equity heightens financial risk, potentially restricting future investment capacity and operational flexibility.

Negative Cash Flow

Persistent negative cash flow underscores reliance on external funding, which can strain financial resources and limit strategic options over time.

Golden Cross Resources Ltd Business Overview & Revenue Model

Company Description

Golden Cross Resources Limited primarily engages in the exploration, evaluation, and development of gold and copper properties in Australia. It also explores for silver, coal, and other base metal deposits. The company's flagship property is the 100% owned Copper Hill project located near Molong in central New South Wales. The company was incorporated in 1994 and is based in North Sydney, Australia. Golden Cross Resources Limited is a subsidiary of HQ Mining Resources Holding Pty Ltd.

How the Company Makes Money

Golden Cross Resources Ltd makes money through the exploration and potential development of mineral resources, primarily focusing on gold deposits. The company's revenue model is based on identifying and evaluating mineral deposits that can be developed into mining operations. Key revenue streams include the sale or joint venture of mineral rights, exploration partnerships, and potential future income from producing mines. The company's earnings are significantly influenced by its ability to discover economically viable mineral deposits and secure strategic partnerships with larger mining companies or investors to advance their projects towards production.

Golden Cross Resources Ltd Financial Statement Overview

Summary

Income statement is very weak with zero revenue and persistent net losses; cash flow remains negative (ongoing cash burn) despite some recent improvement. Balance-sheet risk has increased as debt rose while equity declined, pushing leverage meaningfully higher.

Income Statement

Across 2020–2025 annual reports, the company reports zero revenue and persistent operating losses (EBIT and EBITDA consistently negative) with net losses each year. Losses have narrowed modestly versus the 2022–2023 period, but profitability remains structurally weak and margins are effectively non-existent given the lack of revenue.

Balance Sheet

The balance sheet shows a meaningful asset base, but leverage has risen notably: total debt increased (about 4.5M in 2020 to ~9.1M in 2025) while equity declined (~7.9M in 2020 to ~3.6M in 2025), pushing debt-to-equity from ~0.56x to ~2.53x. Returns on equity are consistently negative, reflecting ongoing losses and eroding capital, which increases financial risk despite still-positive equity.

Cash Flow

Operating cash flow and free cash flow are negative in every year shown, indicating ongoing cash burn. There is some improvement in recent periods (operating cash outflow reduced from -576k in 2023 to -199k in 2025, and free cash outflow also improved), but cash generation has not turned positive and cash flow remains dependent on external funding support.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-14.00K	-42.00K	-42.00K	-73.00K
EBITDA	-625.00K	-537.00K	-566.00K	-706.00K	-736.00K	-552.00K
Net Income	-1.17M	-1.17M	-1.19M	-1.26M	-1.28M	-889.00K
Balance Sheet
Total Assets	13.37M	13.37M	13.14M	13.05M	14.26M	12.66M
Cash, Cash Equivalents and Short-Term Investments	81.00K	81.00K	18.00K	56.00K	1.49M	50.00K
Total Debt	9.06M	9.06M	7.96M	7.01M	6.96M	5.32M
Total Liabilities	9.79M	9.79M	8.39M	7.11M	7.06M	5.61M
Stockholders Equity	3.58M	3.58M	4.75M	5.94M	7.20M	7.05M
Cash Flow
Free Cash Flow	-56.31K	-503.00K	-482.00K	-935.00K	-1.12M	-501.00K
Operating Cash Flow	-56.14K	-199.00K	-230.00K	-576.00K	-765.00K	-294.00K
Investing Cash Flow	-304.00K	-304.00K	-252.00K	-359.00K	-356.00K	-109.00K
Financing Cash Flow	566.00K	566.00K	444.00K	-501.00K	2.56M	386.00K

Golden Cross Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AS2	51 Neutral	AU$10.79M	-0.34	-93.45%	―	―	27.01%
BPM	50 Neutral	AU$25.70M	-5.29	-61.72%	―	―	8.81%
OCT	50 Neutral	AU$6.11M	-1.22	-55.11%	―	―	-164.12%
M3M	46 Neutral	AU$6.26M	-1.05	-135.06%	―	―	30.99%
GCR	45 Neutral	AU$2.19M	-9.09	-28.11%	―	―	―
ATT	36 Underperform	AU$7.80M	-0.68	-145.66%	―	―	34.61%

Golden Cross Resources Ltd Corporate Events

Golden Cross Resources Ltd Reports Successful AGM Outcomes

Golden Cross Resources Ltd announced the results of its 2025 annual general meeting, where all resolutions, including the approval of the Remuneration Report and the re-election of directors Mr. Kevin Z L Lee and Mr. Yan Li, were passed with significant majority votes. This outcome reflects strong shareholder support and is likely to reinforce the company’s strategic direction and governance, potentially impacting its market position positively.

Golden Cross Resources Announces Director Cessation

Golden Cross Resources Ltd has announced the cessation of Jordan Li as a director, effective November 17, 2025. The notice, submitted to the ASX, indicates that Jordan Li did not hold any relevant interests in securities as a registered holder or through other entities, and had no interests in contracts related to the company.

Golden Cross Resources Announces Director Resignation

Golden Cross Resources Ltd has announced the resignation of Jordan Li from his position as a director of the company, effective immediately. This change in the board of directors may impact the company’s strategic direction and governance, potentially influencing its operations and stakeholder relationships.

Golden Cross Resources Seeks Investment for Copper Hill Project

Golden Cross Resources Ltd is actively seeking investment partners for its flagship Copper Hill copper-gold porphyry project in the Lachlan Fold Belt, a region with high investor interest. The company’s diversified portfolio and strategic location in mineral-rich provinces position it well within the industry, potentially enhancing its operational capabilities and market presence.

Golden Cross Resources Ltd Announces 2025 Annual General Meeting

Golden Cross Resources Ltd has announced its 2025 Annual General Meeting, which will take place on November 28, 2025, at Piper Alderman in Sydney. The meeting will address several key resolutions, including the adoption of the Remuneration Report and the re-election of directors Mr. Kevin Zei Lung Lee and Mr. Yan Li. A voting exclusion statement applies to the Remuneration Report, affecting key management personnel and their closely related parties. Shareholders are required to be registered by November 26, 2025, to vote, and proxies must be submitted 48 hours before the meeting.

Golden Cross Resources Announces AGM Date and Director Nomination Deadline

Golden Cross Resources Ltd has announced its intention to hold its Annual General Meeting (AGM) on November 28, 2025, where directors may be elected. The deadline for director nominations is set for October 29, 2025. This announcement is crucial for stakeholders as it sets the timeline for potential changes in the company’s leadership, which could influence its strategic direction and operations.