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Golden State Mining Ltd. (AU:GSM)
ASX:GSM
GSM Stock Chart & Stats
AU$0.02
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.02
AU$0.00(0.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.03
Previous CloseN/A
Volume250.33K
Average Volume (3M)587.90K
Market Cap
AU$6.75M
Enterprise ValueAU$2.10M
Total Cash (Recent Filing)AU$1.51M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.31
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding482,465,270
10 Day Avg. Volume391,506
30 Day Avg. Volume587,899
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)8.08
Price to Sales (P/S)0.00
P/FCF Ratio-2.15
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
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetLeverage-free balance sheet lowers fixed financial obligations and interest expense, providing management flexibility to allocate scarce capital to exploration or operational improvements without debt covenants. This structural optionality extends runway and reduces bankruptcy risk while cash burn persists.
Reduced Cash Burn In 2025Observed reduction in cash burn in 2025 versus 2024 suggests management has begun improving cost structure or operational efficiency. If this improvement persists, it materially extends the company’s runway, reduces the need for frequent external funding, and supports a path toward stabilization.
Narrowing Net Loss In Latest YearThe smaller net loss in 2025 relative to 2024 signals an improving earnings trend from multi-year losses. Sustained narrowing of losses can drive margin recovery, strengthen cash flow prospects, and reduce reliance on dilutive capital raises—critical to restore balance sheet resilience over time.
Bears Say
Recurring Net Losses (2020–2025)Recurring net losses from 2020–2025 show the company has not achieved profitable operations, eroding retained earnings and investor capital. Persistent losses increase the probability of repeated financing, constrain strategic investment, and make long-term viability dependent on a durable revenue inflection.
Consistent Negative Free Cash FlowOperating and free cash flow are consistently negative across all years shown, indicating the business cannot self-fund its operations. Structural negative FCF forces dependence on external financing, raises dilution and refinancing risk, and limits capacity to invest or weather commodity price shocks.
Sharply Shrinking Equity CushionEquity contracted from approximately 4.0M in 2021 to about 0.31M in 2025, sharply reducing the capital buffer. A thin equity cushion lowers creditworthiness, restricts borrowing capacity, and magnifies insolvency risk if losses and negative cash flow continue, pressuring long-term survival.
Golden State Mining Ltd. News
GSM FAQ
What was Golden State Mining Ltd.’s price range in the past 12 months?
Golden State Mining Ltd. lowest share price was <AU$0.01 and its highest was AU$0.03 in the past 12 months.
What is Golden State Mining Ltd.’s market cap?
Golden State Mining Ltd.’s market cap is AU$6.75M.
When is Golden State Mining Ltd.’s upcoming earnings report date?
Golden State Mining Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 194 days.
How were Golden State Mining Ltd.’s earnings last quarter?
Golden State Mining Ltd. released its earnings results on Mar 11, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Golden State Mining Ltd. overvalued?
According to Wall Street analysts Golden State Mining Ltd.’s price is currently Overvalued.
Does Golden State Mining Ltd. pay dividends?
Golden State Mining Ltd. does not currently pay dividends.
What is Golden State Mining Ltd.’s EPS estimate?
Golden State Mining Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Golden State Mining Ltd. have?
Golden State Mining Ltd. has 482,465,270 shares outstanding.
What happened to Golden State Mining Ltd.’s price movement after its last earnings report?
Golden State Mining Ltd. reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -6.667%.
Which hedge fund is a major shareholder of Golden State Mining Ltd.?
Currently, no hedge funds are holding shares in AU:GSM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Golden State Mining Ltd. Stock Smart Score
Neutral
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Blogger Sentiment
Bearish
AU:GSM Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$50.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
―
20 days / 200 days
Momentum
90.00%
12-Months-Change
Fundamentals
Return on Equity
-131.62%
Trailing 12-Months
Asset Growth
-62.46%
Trailing 12-Months
Company Description
Golden State Mining Ltd.
Golden State Mining Limited, through its subsidiaries, engages in the exploration, evaluation, and investment of mineral properties in Australia. The company explores for gold, lithium, base metal, and rare earth element deposits. It holds 100% interests in the Yule project, which comprise six granted exploration licenses and two exploration license application covering an area of 730 square kilometers located in the Northern Pilbara region of Western Australia; the Four Mile Well project covering an area of 260 square kilometers situated in the Eastern Goldfields; and the new Payne's Find project that includes five exploration license applications covering an area of 1257 square kilometers located in the Murchison region of Western Australia. The company was incorporated in 2017 and is based in West Perth, Australia.
Technical Analysis
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