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Labyrinth Resources Limited
(Sydney:GG8)
Labyrinth Resources Limited (GG8) vs. iShares MSCI Australia ETF (EWA)
Labyrinth Resources Limited Business Overview & Revenue Model
Labyrinth Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 542.93K |
| Gross Profit | -47.08K | -47.08K | 0.00 | 0.00 | 0.00 | 267.15K |
| EBITDA | -3.13M | -3.13M | -3.49M | -5.85M | -6.89M | -512.93K |
| Net Income | -3.18M | -3.18M | -3.27M | -6.18M | -6.92M | -617.42K |
Balance Sheet | ||||||
| Total Assets | 95.96M | 95.96M | 25.21M | 25.86M | 27.17M | 12.76M |
| Cash, Cash Equivalents and Short-Term Investments | 25.11M | 25.11M | 287.07K | 418.16K | 2.36M | 1.44M |
| Total Debt | 140.29K | 140.29K | 0.00 | 0.00 | 0.00 | 152.74K |
| Total Liabilities | 4.91M | 4.91M | 20.18M | 19.17M | 16.30M | 1.36M |
| Stockholders Equity | 91.05M | 91.05M | 5.03M | 6.69M | 10.87M | 11.40M |
Cash Flow | ||||||
| Free Cash Flow | -5.07M | -5.07M | -2.32M | -4.86M | -10.56M | -711.29K |
| Operating Cash Flow | -1.64M | -1.64M | 0.00 | 0.00 | 0.00 | -610.10K |
| Investing Cash Flow | -18.97M | -18.97M | -1.14M | -2.11M | -7.68M | -101.19K |
| Financing Cash Flow | 45.44M | 45.44M | 1.47M | 1.52M | 7.99M | 618.62K |
Labyrinth Resources Limited Technical Analysis
Labyrinth 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% | |
60 Neutral | AU$771.36M | 165.00 | -12.04% | ― | ― | ― | |
53 Neutral | AU$57.89M | -8.10 | -27.44% | ― | ― | ― | |
51 Neutral | AU$107.99M | -3.20 | -44.41% | ― | ― | ― | |
50 Neutral | AU$451.10M | -17.34 | -78.03% | ― | ― | 20.69% | |
44 Neutral | AU$328.56M | -77.78 | -6.62% | ― | ― | 72.45% |
Labyrinth Resources Limited Corporate Events
Gorilla Gold Mines has restarted a major multi-rig drilling campaign across its Mulwarrie and Comet Vale gold projects in Western Australia, reporting strong high-grade extensional assay results from late-2025 drilling at Mulwarrie that sit outside the current 350,000-ounce mineral resource estimate. The new intercepts, including 3.4 metres at 12.5 g/t gold and other notable down-dip and shallow hits, confirm that mineralisation continues beyond the existing resource envelope, reinforcing the scale and continuity of the multi-lode system and supporting the company’s push for a significant resource upgrade in 2026. Concurrent in-fill and step-out drilling, along with engineering, geotechnical and metallurgical studies at Mulwarrie and a three-rig program at Comet Vale, are aimed at accelerating both resource growth and development planning across the portfolio in a record gold price environment, while a reassessment of the Vivien project adds further optionality for future growth.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.56 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd has notified the ASX of the lapse of a total of 1,435,625 performance rights, comprising 1,300,000 securities under code GG8AD and 135,625 under code GG8AN, effective 31 December 2025. The rights lapsed because the conditions attached to these securities were not met or became incapable of being satisfied, slightly reducing the company’s potential future equity dilution and signaling that certain performance or vesting milestones tied to these incentives were not achieved, which may be relevant to shareholder assessments of management performance and capital structure.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd has notified the ASX of the planned issue of 1,187,088 unquoted performance rights under its employee incentive scheme, scheduled for 31 December 2025. The issuance is designed to reward and retain staff through equity-based incentives, potentially aligning employee interests more closely with shareholder value and supporting the company’s longer-term operational and growth objectives.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd has issued 1,134,021 fully paid ordinary shares following the exercise of vested performance rights granted to Distilled Analytics Pty Ltd vendors in September 2024. This issuance was made without disclosure to investors under the Corporations Act, and the company confirms compliance with relevant legal provisions, indicating transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:GG8) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd has announced the quotation of 1,134,021 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code GG8. This move follows the exercise of options or conversion of convertible securities, potentially impacting the company’s market presence and shareholder value.
The most recent analyst rating on (AU:GG8) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd, operating in the gold mining industry, focuses on high-grade gold projects in Western Australia. The company is actively involved in exploration and resource development across its key projects, including Comet Vale, Mulwarrie, and Vivien, all located in prime Goldfields locations. Gorilla Gold has announced a significant upgrade to the Mineral Resource Estimate (MRE) for its Comet Vale Gold Project, marking a 900% increase to 0.86 million ounces of contained gold. This substantial growth is part of Gorilla’s strategy to expand its high-grade resource inventory efficiently, with a discovery cost of just $25 per ounce. The company is advancing development studies and drilling programs to further enhance its resource base, which now totals 1.5 million ounces across its Western Australian projects, indicating strong potential for future growth and value creation for shareholders.
The most recent analyst rating on (AU:GG8) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd is actively pursuing rapid value creation through aggressive drilling efforts aimed at uncovering high-grade gold deposits in Tier-1 locations near Kalgoorlie. The company has issued a presentation to provide general information about its operations and strategic focus on high-grade gold exploration. This announcement highlights Gorilla Gold Mines’ commitment to enhancing its resource base and strengthening its position in the gold mining industry. The presentation underscores the company’s focus on exploration results and mineral resources, as well as the expertise of its personnel in managing these initiatives.
The most recent analyst rating on (AU:GG8) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd, a company involved in the mining industry, held its Annual General Meeting on 28 November 2025. During this meeting, all resolutions proposed to shareholders were approved except for Resolution 8, which was not carried as per the Board’s recommendation. This outcome indicates strong shareholder support for the company’s strategic decisions and governance, with implications for continued stability and potential growth in its operations.
The most recent analyst rating on (AU:GG8) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd is aggressively pursuing high-grade gold exploration in Tier-1 locations near Kalgoorlie, aiming for rapid value creation through intensive drilling efforts. The company’s recent AGM presentation highlights their strategic focus on expanding mineral resources, which could significantly enhance their market position and stakeholder value.
The most recent analyst rating on (AU:GG8) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
Gorilla Gold Mines Ltd has announced positive metallurgical test results from its Mulwarrie Gold Project, achieving an average gold recovery of 93% from recent drilling samples. The company is advancing its resource growth drilling with two rigs at Mulwarrie and three at Comet Vale, aiming to expand its mineral resource estimates and increase the indicated resource component, which could significantly enhance its industry positioning and stakeholder value.
Gorilla Gold Mines Ltd has issued a total of 3,534,021 fully paid ordinary shares following the exercise of vested performance rights under its Employee Securities Incentive Scheme and to vendors of Distilled Analytics Pty Ltd. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act 2001, and the company confirms compliance with relevant provisions of the Act, ensuring transparency and adherence to legal requirements.
Gorilla Gold Mines Ltd has announced the quotation of 1,134,021 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code GG8. This move signifies the exercise of options or conversion of other convertible securities, potentially impacting the company’s market presence and offering new opportunities for investors.
Gorilla Gold Mines Ltd has announced a new issuance of 2,400,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code GG8. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, impacting its operations and positioning within the mining industry.
Gorilla Gold Mines Ltd has announced the release of 5,000,000 fully paid ordinary shares from voluntary escrow, effective on 27 November 2025. These shares were initially categorized as Shortfall Shares in a previous Entitlement Offer. This release could potentially impact the company’s stock liquidity and market perception, offering stakeholders a chance to reassess their positions.
Gorilla Gold Mines Ltd has released an update regarding its Comet Vale drilling results and mineral resource estimate timing. The update includes a revised table of drilling data, which replaces a previous version. This announcement aims to provide stakeholders with the latest information on the company’s exploration activities, potentially impacting future operations and investor decisions.
Gorilla Gold Mines Ltd has announced a significant update for its Comet Vale Gold Project, with a new Mineral Resource Estimate (MRE) expected in December 2025 following strong drilling results at the Cheer prospect. The company’s exploration efforts have uncovered major new discoveries at several prospects, transforming the project’s outlook and positioning Gorilla Gold as a significant player in the region. The upcoming MRE update is anticipated to include the highest grades and largest gram-metre intercepts recorded at Comet Vale, further solidifying Gorilla Gold’s high-grade resource base and development opportunities across its Western Australian projects.