Want to see AU:GMN full AI Analyst Report?
Top Page
Gold Mountain Limited
(Sydney:GMN)
Select Model
Select Model
Rating:44Neutral
Price Target:
AU$0.07
â–¼(-12.50% Downside)
Action:Reiterated
Date:06/28/26
The score is held down primarily by weak financial performance (large losses and ongoing negative operating/free cash flow) and bearish technicals (price below key moving averages with negative MACD). The debt-free balance sheet provides some stabilization, while valuation is difficult to assess positively due to a negative P/E and no dividend yield data.
Positive Factors
Debt-free balance sheet
A debt-free/net-cash posture materially reduces refinancing and interest-rate risk for a small explorer. This durable strength increases runway flexibility, supports continued exploration spending without immediate debt pressure, and lowers the likelihood of distress during cyclical commodity downturns.
Negative Factors
Persistent cash burn
Sustained negative operating and free cash flow indicates ongoing cash burn to fund exploration and operations. Over a multi-quarter horizon this forces reliance on external financing or asset sales, increases dilution risk, and constrains the firm’s ability to self-fund higher-cost development stages.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free/net-cash posture materially reduces refinancing and interest-rate risk for a small explorer. This durable strength increases runway flexibility, supports continued exploration spending without immediate debt pressure, and lowers the likelihood of distress during cyclical commodity downturns.
Read all positive factors
Gold Mountain Limited (GMN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$21.32M
Dividend YieldN/A
Average Volume (3M)150.77K
Price to Earnings (P/E)―
Beta (1Y)3.23
Revenue GrowthN/A
EPS Growth75.79%
CountryAU
Employees50
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.03
Shares Outstanding304,569,340
10 Day Avg. Volume173,039
30 Day Avg. Volume150,770
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.37
Price to Sales (P/S)59.65
P/FCF Ratio-3.24
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Gold Mountain Limited Business Overview & Revenue Model
Company Description
Gold Mountain Limited (GMN.AX) specializes in the acquisition, exploration, and development of mineral prospects across Australia and Papua New Guinea. The company primarily targets deposits of gold, copper, and molybdenum, as well as other precio...
How the Company Makes Money
null...
Gold Mountain Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 76.92K | 76.92K | 38.01K | 0.00 | 127.93K | 788.12K |
| Gross Profit | 65.64K | 76.92K | 38.01K | -57.99K | -12.27K | 576.95K |
| EBITDA | -1.62M | -1.43M | -3.94M | -10.15M | -17.93M | -1.18M |
| Net Income | -3.95M | -8.82M | -3.95M | -10.21M | -18.07M | -1.39M |
Balance Sheet | ||||||
| Total Assets | 15.41M | 12.76M | 15.86M | 11.38M | 16.02M | 29.10M |
| Cash, Cash Equivalents and Short-Term Investments | 1.45M | 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 | 554.92K | 365.43K | 183.55K | 263.89K | 325.43K | 1.36M |
| Stockholders Equity | 14.85M | 12.43M | 15.67M | 11.11M | 15.70M | 27.74M |
Cash Flow | ||||||
| Free Cash Flow | -1.91M | -1.42M | -1.53M | -3.07M | -6.33M | -4.97M |
| Operating Cash Flow | -1.91M | -1.41M | -1.52M | -1.08M | -2.21M | -1.39M |
| Investing Cash Flow | -4.18M | -3.61M | -3.83M | -1.98M | -4.08M | -3.80M |
| Financing Cash Flow | 6.89M | 5.64M | 4.92M | 3.71M | 6.17M | 4.13M |
Gold Mountain Limited Technical Analysis
Negative
0.08
Price Trends
0.07
Negative
Market Momentum
>-0.01
Positive
29.28
Positive
15.24
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GMN, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.07, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 29.28 is Positive, neither overbought nor oversold. The STOCH value of 15.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GMN.
Gold Mountain Limited Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
46 Neutral | AU$27.12M | -7.86 | -9.73% | ― | ― | 62.96% | |
45 Neutral | AU$19.55M | -3.16 | -58.76% | ― | ― | 28.68% | |
45 Neutral | AU$22.95M | 8.31 | 6.38% | ― | ― | ― | |
44 Neutral | AU$21.32M | -2.05 | -28.97% | ― | ― | 75.79% | |
43 Neutral | AU$19.25M | -8.91 | -5.50% | ― | ― | ― | |
41 Neutral | AU$23.02M | -33.33 | -293.80% | ― | ― | 87.50% |
* Basic Materials Sector Average
AU:GMN
Gold Mountain Limited
0.07
0.02
29.63%
AU:PRX
Prodigy Gold NL
0.06
<0.01
9.43%
AU:AAU
Antilles Gold
0.01
0.00
0.00%
AU:RGL
Riversgold Ltd.
0.01
0.00
0.00%
AU:KNB
Koonenberry Gold Limited
0.02
-0.02
-43.59%
AU:MRZ
Mont Royal Resources Ltd.
0.10
-0.09
-48.42%
Gold Mountain Limited Corporate Events
Gold Mountain Director Boosts Equity Stake Through Fee-for-Shares Arrangement
Aug 3, 2026
Gold Mountain director Marcelo Idoyaga has increased his direct holding in the company, with 150,000 GMN ordinary shares issued to him on 31 July 2026. The shares were provided in lieu of cash payment for directors’ fees, lifting his stake f...
Gold Mountain issues director shares as exploration assays await interpretation
Jul 31, 2026
Gold Mountain Limited has issued 150,000 ordinary shares to a director in lieu of cash fees, utilising an allocation previously approved by shareholders at the 2025 annual general meeting. The move underscores the company’s ongoing use of eq...
Gold Mountain Issues Shares to Director in Lieu of Cash Fees
Jul 31, 2026
Gold Mountain Limited has applied for quotation on the ASX of 150,000 ordinary fully paid shares issued on July 31, 2026. The new shares have been granted to a company director in lieu of cash payment for directors’ fees, indicating the use ...
Gold Mountain advances Brazilian rare earths and lithium exploration in June quarter
Jul 31, 2026
Gold Mountain Limited reported sustained momentum in the June 2026 quarter, driven by intensive exploration at its Down Under Rare Earth Project in northeastern Brazil. The company advanced diamond, auger and regional drilling programs, supported ...
Gold Mountain issues 67.5m shares as it advances critical minerals exploration
Jul 1, 2026
Gold Mountain Limited has issued 67.5 million new ordinary shares at $0.10 each, expanding its capital base as it advances a diversified portfolio of rare earths, niobium, lithium and base metals projects in Brazil and Papua New Guinea. The compan...
Gold Mountain Seeks ASX Quotation for 22.5 Million New Shares
Jul 1, 2026
Gold Mountain Limited has applied for quotation on the ASX of 22,500,000 ordinary fully paid shares, expanding its listed securities under the ticker GMN. The new shares, issued on June 30, 2026, stem from previously announced transactions and wil...
Gold Mountain Seeks ASX Quotation for 45 Million New Shares
Jul 1, 2026
Gold Mountain Limited has applied for quotation on the ASX of 45,000,000 ordinary fully paid shares, with an issue date of July 1, 2026. The new securities form part of previously announced transactions and will expand the company’s quoted s...
Gold Mountain Plans 45 Million-Share Placement on ASX
Jun 30, 2026
Gold Mountain Limited has notified the ASX of a proposed placement of up to 45 million ordinary fully paid shares, to be issued under its GMN ticker. The new shares are scheduled for issue on July 1, 2026, with the company applying for quotation i...
Gold Mountain raises $4.5m to accelerate Brazilian REE and lithium exploration
Jun 30, 2026
Gold Mountain Limited has secured a binding commitment from a new institutional investor to raise $4.5 million through a placement of 45 million new shares at $0.10 each. The new shares, issued under the company’s existing $6 million placeme...
Gold Mountain issues new shares and affirms compliance with disclosure rules
Jun 24, 2026
Gold Mountain Limited has issued 7.5 million new ordinary shares at A$0.10 each, raising additional equity capital while confirming that the issuance was conducted without a prospectus under the Corporations Act. The company stated it remains comp...
Gold Mountain Seeks ASX Quotation for 7.5 Million New Shares
Jun 24, 2026
Gold Mountain Limited has applied to the Australian Securities Exchange for quotation of 7.5 million ordinary fully paid shares under its existing GMN code. The new securities, issued on June 24, 2026, expand the company’s listed share base,...
Gold Mountain Issues New Shares on Option Exercise, Confirms Ongoing Compliance
Jun 3, 2026
Gold Mountain Limited has issued 2,500 new ordinary shares following the exercise of listed options priced at A$0.10, expanding its share capital by a small margin. The company confirmed the issue was conducted without a prospectus under Australia...
Gold Mountain Seeks ASX Quotation for Additional Shares
Jun 3, 2026
Gold Mountain Limited has applied to the ASX for quotation of 2,500 additional ordinary fully paid shares, with an issue date of 2 June 2026. The modest increase in quoted securities, arising from the exercise or conversion of existing instruments...
Gold Mountain Plans Placement of Up to 45 Million New Shares
May 25, 2026
Gold Mountain Limited, an ASX-listed mineral exploration company, has announced a proposed placement of new ordinary fully paid shares as part of its ongoing capital management strategy. The company operates in the resources sector and uses equity...
Gold Mountain moves to digital notices for June shareholder meeting
May 13, 2026
Gold Mountain Limited has called a general meeting of shareholders to be held at its Cottesloe, Western Australia premises on 15 June 2026 at 7am Perth time. The company is shifting to electronic distribution of meeting materials in line with Corp...
Gold Mountain Director Sells Indirect Stake to Repay Debt
May 8, 2026
Gold Mountain Limited has disclosed a change in the indirect shareholding of director David Andrew Evans, as required under ASX listing rules. Evans, who also serves as a director and shareholder of Mars Mines Limited, reported the disposal of 3,3...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.