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Gold Mountain Limited
(Sydney:GMN)
Gold Mountain Limited (GMN) vs. iShares MSCI Australia ETF (EWA)
Gold Mountain Limited Business Overview & Revenue Model
Gold Mountain Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.92K | 76.92K | 38.01K | 0.00 | 127.93K | 788.12K |
| Gross Profit | 55.93K | 76.92K | 38.01K | -57.99K | -12.27K | 576.95K |
| EBITDA | -1.44M | -1.43M | -3.94M | -10.15M | -17.93M | -1.18M |
| Net Income | -8.82M | -8.82M | -3.95M | -10.21M | -18.07M | -1.39M |
Balance Sheet | ||||||
| Total Assets | 12.76M | 12.76M | 15.86M | 11.38M | 16.02M | 29.10M |
| Cash, Cash Equivalents and Short-Term Investments | 1.49M | 1.49M | 865.50K | 1.30M | 660.52K | 780.28K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 44.22K |
| Total Liabilities | 365.43K | 365.43K | 183.55K | 263.89K | 325.43K | 1.36M |
| Stockholders Equity | 12.43M | 12.43M | 15.67M | 11.11M | 15.70M | 27.74M |
Cash Flow | ||||||
| Free Cash Flow | -1.42M | -1.42M | -1.53M | -3.07M | -6.33M | -4.97M |
| Operating Cash Flow | -1.41M | -1.41M | -1.52M | -1.08M | -2.21M | -1.39M |
| Investing Cash Flow | -3.61M | -3.61M | -3.83M | -1.98M | -4.08M | -3.80M |
| Financing Cash Flow | 5.64M | 5.64M | 4.92M | 3.71M | 6.17M | 4.13M |
Gold Mountain 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$7.23M | 140.00 | 0.33% | ― | ― | ― | |
52 Neutral | AU$11.29M | -9.09 | -10.51% | ― | ― | 15.38% | |
50 Neutral | AU$11.95M | -1.88 | ― | ― | ― | ― | |
48 Neutral | AU$11.92M | -0.69 | -62.79% | ― | ― | -40.85% | |
46 Neutral | AU$20.90M | -2.79 | -60.89% | ― | ― | 77.62% | |
44 Neutral | AU$6.37M | -3.52 | ― | ― | ― | -237.50% |
Gold Mountain Limited Corporate Events
Gold Mountain Limited has acquired Mars Mines Limited’s 25% free-carried interest in the Brazil Joint Venture, issuing 9,158,445 new shares as consideration and taking its ownership of the venture to 100%. The move consolidates full strategic control over its Brazilian assets, simplifying the corporate structure, improving decision-making and capital allocation, and ensuring that any future exploration success in the joint venture area will accrue entirely to Gold Mountain shareholders, strengthening the company’s asset base and aligning with its strategy to build a focused and scalable exploration platform in Brazil.
Gold Mountain Limited has applied to the ASX for quotation of 9,158,445 new fully paid ordinary shares, with an issue date of 22 December 2025. The additional securities, issued under a previously announced transaction, will expand the company’s quoted share capital and may provide further funding flexibility for its ongoing operations and growth initiatives.
Gold Mountain Limited has granted 8.4 million new unquoted performance rights under its employee incentive scheme, spread evenly across three new classes linked to share price milestones of 10 cents and 15 cents. The issue, effective 19 December 2025, is designed to align employee and key stakeholder rewards with the company’s future share price performance, potentially aiding staff retention and incentivising management as the company pursues its strategic and market objectives.
Gold Mountain Limited has announced a change in the financial interest of one of its directors, Pablo Tarantini. Mr. Tarantini was issued 7.5 million performance rights across three categories (D, E, and F) as part of director incentives approved during the Annual General Meeting (AGM). This development reflects the company’s strategic focus on aligning executive interests with shareholder goals and ensuring leadership commitment to long-term operational success.
Gold Mountain Limited has announced a change in the director’s interest, with Aharon Zaetz acquiring a significant number of performance rights following approval at the Annual General Meeting. This acquisition of performance rights is part of director incentives, indicating a strategic move to align the interests of the director with the company’s growth objectives, potentially impacting the company’s operational focus and stakeholder interests.
Gold Mountain Limited has announced a change in the interest of its director, David Andrew Evans, who has acquired 15 million performance rights across three categories, D, E, and F, as part of director incentives approved at the company’s AGM. This change reflects the company’s strategy to align director interests with company performance, potentially impacting its governance and operational focus.
Gold Mountain Limited has announced the issuance of unquoted equity securities in the form of performance rights. The company is issuing a total of 30 million performance rights divided into three classes, each with different milestone pricing, which may impact its equity structure and potentially influence its market positioning.
Gold Mountain Limited announced a change in the director’s interest, with Marcelo Idoyaga acquiring 169,760 GMN ordinary shares, increasing his total holdings to 602,809 shares. This acquisition was made in lieu of cash payment for director’s fees, reflecting a strategic decision to align the director’s interests with the company’s performance, potentially impacting stakeholder confidence positively.
Gold Mountain Limited has issued 169,760 ordinary shares in lieu of cash payment for Director’s fees, as approved at the 2025 AGM. This strategic move is part of the company’s ongoing compliance with the Corporations Act, and it highlights the company’s focus on maintaining financial flexibility. The company continues to analyze assays from its exploration programs, which could impact future operations and stakeholder interests, though the timing and materiality of these results remain uncertain.
Gold Mountain Limited has announced the issuance of 169,760 ordinary fully paid shares to a director in lieu of cash payment for directors’ fees. This move reflects the company’s strategy to manage cash flow while compensating its leadership, potentially impacting its financial operations and signaling a commitment to maintaining liquidity.
Gold Mountain Limited held its Annual General Meeting on November 28, 2025, where all resolutions were carried as per the notice issued in October 2025. The meeting, conducted in accordance with the ASX listing rules, saw significant approval for various resolutions, including the re-election of directors and the issuance of director securities. This outcome reflects strong shareholder support for the company’s strategic directions and governance, potentially enhancing its operational stability and investor confidence.
Gold Mountain Limited has identified several zones of significant lithium anomalies at its Salinas South Project in Brazil’s Lithium Valley. The discovery includes zones up to 12 km long, with lithium and tantalum anomalies, and two significant gold anomalies, indicating strong potential for future development. The company plans to conduct further soil sampling and mapping to define drilling targets, while also focusing on its rare earth elements project at Irajuba.
Gold Mountain Limited announced the cessation of 200,000 securities under the code GMNAX due to the expiry of options without exercise or conversion as of November 24, 2025. This cessation may impact the company’s capital structure and could influence investor sentiment, reflecting on the company’s operational strategies and market positioning.
Gold Mountain Limited announced a change in the director’s interest as Marcelo Idoyaga acquired 433,049 GMN ordinary shares, valued at $36,000, issued in lieu of cash payment for director’s fees. This acquisition reflects a strategic move to align director compensation with company performance, potentially impacting stakeholder perceptions and company operations.
Gold Mountain Limited has issued 433,049 ordinary shares in lieu of cash payment for Director’s fees, as approved at the 2024 AGM. This move is part of the company’s compliance with the Corporations Act and reflects its ongoing exploration efforts, particularly in Brazil and PNG, although assay results from these programs are still pending.
Gold Mountain Limited has announced the issuance of 433,049 ordinary fully paid shares to a director as a substitute for cash payment of director fees. This strategic move is part of the company’s financial management efforts to optimize cash flow and align executive compensation with company performance, potentially impacting its operational efficiency and stakeholder relations.
Gold Mountain Limited has announced a change in the director’s interest, specifically involving David Andrew Evans. The change, effective from October 28, 2025, includes an increase in indirect holdings through an entitlement offer, with Evans acquiring additional GMN ordinary shares and GMNAAT options. This adjustment in shareholding reflects a strategic move to strengthen the director’s stake in the company, potentially impacting the company’s governance and signaling confidence in its future prospects.
Gold Mountain Limited has announced a proposed issue of securities, specifically 5,000,000 Performance Rights, with a planned issue date of November 28, 2025. This move could potentially impact the company’s market positioning by increasing its capital base, which may influence its operational capabilities and stakeholder interests.
Gold Mountain Limited has announced a proposed issue of securities, including 25 million performance rights and over 9 million ordinary fully paid shares, scheduled for issuance on November 28, 2025. This strategic move is likely aimed at raising capital to support the company’s ongoing projects and strengthen its financial position, potentially impacting its market standing and providing growth opportunities for stakeholders.
Gold Mountain Limited has reported significant progress in its Brazilian exploration projects during the first quarter of the financial year ending June 2026. The company advanced its Lithium Valley Project in Minas Gerais and the Down Under Project, which has shown promising results in rare earth element exploration. The Irajuba Prospect within the Down Under Project has emerged as a significant opportunity, with high-grade mineralization and potential for resource expansion. These developments enhance Gold Mountain’s position in the critical minerals sector and indicate substantial future value for stakeholders.
Gold Mountain Limited has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, in Cottesloe, Western Australia. Shareholders are encouraged to participate and vote online, as the notice of the meeting will be distributed electronically, aligning with the company’s digital communication strategy. This move reflects the company’s commitment to modernizing its shareholder engagement and operational processes, potentially enhancing its efficiency and accessibility for stakeholders.
Gold Mountain Limited has announced the issuance of 8,290,598 unquoted securities, specifically options expiring on May 15, 2027. This issuance is part of previously announced transactions, indicating a strategic move to potentially enhance capital structure and support ongoing exploration and development projects.
Gold Mountain Limited has announced the quotation of 16,581,196 new ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 27, 2025. This move is part of a previously announced transaction, potentially impacting the company’s capital structure and market presence, and may influence stakeholder interests by increasing the liquidity of its shares.
Gold Mountain Limited has announced an update regarding the issuance of securities, specifically adjusting the retail shares issue date. This update pertains to an accelerated non-renounceable entitlement offer, which is part of their strategic financial initiatives to bolster capital and support ongoing projects. The adjustment in the timeline for the retail shares issue is expected to streamline the process and potentially enhance investor participation, reflecting the company’s proactive approach to managing its financial operations.
Gold Mountain Limited announced the quotation of 29,928,919 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational strategy and stakeholder interests.
Gold Mountain Limited has announced significant findings from its Down Under REE Project, with results from 16 drill holes revealing high-grade TREO and Magnet Rare Earths. The exploration has extended the mineralized area at the Irajuba site, with potential for further resource drilling and expansion. The company is preparing for additional resource drilling and metallurgical work to assess extraction techniques, indicating a promising future for the project and potential implications for stakeholders.
Gold Mountain Limited announced a late lodgement of an Appendix 3X form for director Pablo Tarantini due to an administrative oversight. The company has addressed the issue and is reviewing its procedures to ensure compliance with ASX listing rules. This announcement reflects the company’s commitment to maintaining regulatory standards, which is crucial for its operational credibility and stakeholder trust.
Gold Mountain Limited has announced the issuance of 3,286,750 unquoted equity securities, specifically options set to expire on May 15, 2027, with an exercise price of $0.10. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial structure and stakeholder interests.
Gold Mountain Limited announced the quotation of 6,573,500 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code GMN. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the accessibility and tradability of its shares.
Gold Mountain Limited has announced the issuance of 3,686,728 unquoted securities, specifically options expiring on May 15, 2027, with an exercise price of $0.10. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
Gold Mountain Limited has announced the opening of its accelerated pro rata non-renounceable entitlement offer, aiming to raise approximately $1.5 million through the issuance of 30.5 million fully paid ordinary shares at $0.05 per share. The offer is available to shareholders in Australia and New Zealand, with the Rights Issue scheduled to close on 17 October 2025. The company has decided not to extend the offer to shareholders outside these regions due to impracticality and compliance costs. This move is part of Gold Mountain’s strategy to strengthen its financial position and support its ongoing exploration activities.
Gold Mountain Limited announced an increase in its placement to $2 million, facilitated by Eagle Holdings 2 Limited through the issuance of nearly 30 million ordinary shares at a slightly increased price. The additional funds will be used for general working capital, and the announcement also ends the company’s voluntary suspension requested earlier. This financial move is expected to bolster Gold Mountain’s operational capabilities and potentially enhance its market position in the mineral exploration sector.
Gold Mountain Limited has requested an extension to its voluntary suspension due to delays in finalizing documentation for a change to the issue price under a placement. This extension, requested until 3 October, highlights logistical challenges impacting the company’s operational timelines and may influence investor perceptions and market positioning.
Gold Mountain Limited announced the successful closure of the institutional component of its entitlement offer, raising approximately $697,348 through the issuance of 13.95 million shares. The retail component of the offer is set to open on 6 October 2025 and close on 17 October 2025, with further details provided in the Prospectus. The company has requested a voluntary suspension pending an updated issue price announcement, with trading expected to resume on 2 October 2025.
Gold Mountain Limited (ASX: GMN) has requested a voluntary suspension of its securities from the Australian Securities Exchange, effective immediately, pending an announcement regarding an updated issue price for a placement previously announced. This suspension is expected to last until the announcement is made or normal trading resumes on 2 October 2025. The decision reflects the company’s strategic move to manage its market communications effectively and ensure stakeholders are informed of significant updates.
Gold Mountain Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, detailing the roles and responsibilities of the board and management, as well as the processes for appointing directors and senior executives. This disclosure is crucial for stakeholders as it provides transparency and accountability in the company’s governance practices, ensuring that Gold Mountain Limited complies with ASX listing rules and maintains its market integrity.
Gold Mountain Limited has released its Annual Report for 2025, providing insights into its financial performance and strategic direction. The report highlights the company’s continued focus on mineral exploration and development, which is crucial for maintaining its competitive edge in the mining industry. Stakeholders are likely to be interested in the company’s operational strategies and market positioning as outlined in the report.