Top Page
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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 542.93K |
| Gross Profit | -47.08K | 0.00 | 0.00 | 0.00 | 267.15K |
| EBITDA | -3.13M | -3.49M | -5.85M | -6.89M | -512.93K |
| Net Income | -3.18M | -3.27M | -6.18M | -6.92M | -617.42K |
Balance Sheet | |||||
| Total Assets | 95.96M | 25.21M | 25.86M | 27.17M | 12.76M |
| Cash, Cash Equivalents and Short-Term Investments | 25.11M | 287.07K | 418.16K | 2.36M | 1.44M |
| Total Debt | 140.29K | 0.00 | 0.00 | 0.00 | 152.74K |
| Total Liabilities | 4.91M | 20.18M | 19.17M | 16.30M | 1.36M |
| Stockholders Equity | 91.05M | 5.03M | 6.69M | 10.87M | 11.40M |
Cash Flow | |||||
| Free Cash Flow | -5.07M | -2.32M | -4.86M | -10.56M | -711.29K |
| Operating Cash Flow | -1.64M | 0.00 | 0.00 | 0.00 | -610.10K |
| Investing Cash Flow | -18.97M | -1.14M | -2.11M | -7.68M | -101.19K |
| Financing Cash Flow | 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 | €695.31M | 59.59 | -12.04% | ― | ― | ― | |
53 Neutral | AU$57.89M | -4.62 | -27.44% | ― | ― | ― | |
46 Neutral | AU$118.34M | -2.80 | -44.41% | ― | ― | ― | |
45 Neutral | AU$482.75M | -8.59 | -78.03% | ― | ― | 20.69% | |
44 Neutral | AU$318.48M | -57.50 | -6.62% | ― | ― | 72.45% |
Labyrinth Resources Limited Corporate Events
Gorilla Gold Mines Ltd has released its half-year report for the period ended 31 December 2025, outlining its current corporate structure and key governance roles. The report details the company’s board of directors, executive leadership, auditors, legal advisers, and share registry arrangements, underscoring the formal governance and compliance framework that supports its ASX listing and ongoing operations.
By confirming its corporate directory and administrative arrangements, the company reinforces transparency for shareholders and other stakeholders. This update, while light on operational metrics, signals continuity in corporate oversight and regulatory adherence, which is important for investor confidence in the gold mining group.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.41 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 called an in-person Extraordinary General Meeting to be held in Perth on 7 April 2026, with the full notice and materials made available electronically via the company’s website and ASX announcements page. In line with updated Australian corporate law, the company will not mail hard copies of meeting documents unless specifically requested, and is urging shareholders to lodge proxy votes and manage their communication preferences and voting instructions online through its share registry portal.
Shareholders who have opted for electronic communications will receive email links to the meeting notice, and the company is providing support via its secretary for investors who cannot access documents online. The move underscores Gorilla Gold Mines’ continued shift toward digital shareholder engagement and governance processes, aiming to streamline access to meeting information and facilitate broader participation in corporate decision-making.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.41 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 has issued 2,000,000 fully paid ordinary shares following the exercise of vested performance rights under its Employee Securities Incentive Scheme. The shares were issued without a prospectus under the Corporations Act provisions that allow such placements, reflecting an equity-based reward structure for staff.
The company confirmed it remains compliant with financial reporting and continuous disclosure obligations, and that there is no excluded information that investors would reasonably require to assess the company or the rights attached to the new shares. The cleansing notice assures the market that the new securities can be traded without further disclosure, supporting transparency and liquidity for existing and new shareholders.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.41 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 has applied to the ASX for quotation of 2,000,000 new ordinary fully paid shares under its GG8 ticker. The new securities, issued on February 25, 2026, modestly expand the company’s listed share base and may support its funding capacity for ongoing operations and growth initiatives, with potential dilution for existing shareholders depending on their participation.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.41 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 has issued an update to its earlier announcement on thick drilling intercepts at the Comet Vale project in Western Australia. The company has replaced the original technical drilling table with a revised version, detailing hole locations, depths and configurations across the Lake View and Sovereign prospects.
The corrected drill collar information is intended to clarify the precise parameters of recent diamond and reverse circulation drill holes. This technical update helps maintain data accuracy for investors and analysts assessing the scope and reliability of Gorilla Gold’s ongoing exploration program at Comet Vale.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.41 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 has released an investor presentation outlining its strategy of rapid value creation via aggressive drilling programs aimed at high-grade gold targets in top-tier goldfields. The company underscores that its existing mineral resource estimates for the Comet Vale and Labyrinth projects remain current and materially unchanged, with technical work supervised by a qualified Competent Person under Australian reporting standards.
The release is framed by extensive disclaimers stressing that the presentation is general in nature, unaudited and subject to change, and that neither the company nor its advisers guarantee the accuracy or completeness of the information. This cautious framing highlights both the exploratory stage of Gorilla Gold’s portfolio and the inherent risks for investors as the company pursues growth through continued exploration and drilling.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.38 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 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.