Great Southern Mining Limited (AU:GSN)
ASX:GSN
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Great Southern Mining Limited
(Sydney:GSN)
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Rating:47Neutral
Price Target:
AU$0.02
▼(-50.00% Downside)
Action:Reiterated
Date:05/01/26
The score is held down primarily by continued losses, no revenue, and persistent negative free cash flow, indicating reliance on external funding. Technicals also weaken the outlook with price below key moving averages and a negative MACD. A low P/E and low leverage provide some offset but are not enough to overcome the operating and momentum weaknesses.
Positive Factors
Low leverage / balance sheet strength
Sustained low leverage materially reduces refinancing and interest-rate risk for an exploration company. This strengthens financial flexibility to fund drilling and permitting cycles, extending runway and preserving strategic optionality during multi-year resource development timelines.
Negative Factors
No revenue; persistent losses
Zero reported revenue and ongoing net losses mean the business is not self-sustaining and must rely on capital markets to operate. Over multi-year horizons this elevates execution risk: project advancement depends on successful, repeat financing rather than internal cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / balance sheet strength
Sustained low leverage materially reduces refinancing and interest-rate risk for an exploration company. This strengthens financial flexibility to fund drilling and permitting cycles, extending runway and preserving strategic optionality during multi-year resource development timelines.
Read all positive factors
Great Southern Mining Limited (GSN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$22.96M
Dividend YieldN/A
Average Volume (3M)705.68K
Price to Earnings (P/E)8.3
Beta (1Y)0.61
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees7
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,148,128,500
10 Day Avg. Volume765,998
30 Day Avg. Volume705,681
Financial Highlights & Ratios
PEG Ratio0.48
Price to Book (P/B)1.72
Price to Sales (P/S)0.00
P/FCF Ratio-8.95
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
Great Southern Mining Limited Business Overview & Revenue Model
Company Description
Great Southern Mining Limited primarily engages in the exploration and evaluation of gold deposits in Australia. The company also explores for silver, nickel, copper, and other minerals. It holds a 100% interest in the Mon Ami gold project, the Co...
How the Company Makes Money
GSN does not have sufficient publicly available information to reliably describe specific, current revenue-generating operations or recurring revenue streams. null...
Great Southern Mining Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
63
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.42M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 2.33M | -90.24K | -81.56K | -65.56K | -70.00K | -65.44K |
| EBITDA | 390.66K | -1.59M | -1.83M | -1.87M | -1.74M | -4.48M |
| Net Income | 424.24K | -1.71M | -1.99M | -1.94M | -1.83M | -4.57M |
Balance Sheet | ||||||
| Total Assets | 17.20M | 15.04M | 13.72M | 13.26M | 11.01M | 9.09M |
| Cash, Cash Equivalents and Short-Term Investments | 3.01M | 1.14M | 1.11M | 1.58M | 917.83K | 1.38M |
| Total Debt | 49.07K | 87.82K | 155.04K | 60.54K | 669.75K | 301.63K |
| Total Liabilities | 978.40K | 473.19K | 469.09K | 542.66K | 1.48M | 1.70M |
| Stockholders Equity | 16.22M | 14.57M | 13.25M | 12.71M | 9.53M | 7.39M |
Cash Flow | ||||||
| Free Cash Flow | -612.75K | -2.80M | -2.77M | -3.69M | -4.84M | -4.48M |
| Operating Cash Flow | -607.92K | -1.13M | -1.30M | -1.59M | -1.73M | -1.29M |
| Investing Cash Flow | 1.53M | -1.67M | -1.42M | -1.88M | -3.16M | -3.18M |
| Financing Cash Flow | 60.08K | 2.82M | 2.25M | 4.14M | 4.42M | 2.79M |
Great Southern Mining Limited Technical Analysis
Negative
0.04
Price Trends
0.02
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
44.61
Neutral
30.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GSN, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.61 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:GSN.
Great Southern Mining 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% | |
51 Neutral | AU$31.30M | -10.74 | -24.90% | ― | ― | 77.87% | |
47 Neutral | AU$22.96M | 8.28 | 2.76% | ― | ― | ― | |
47 Neutral | AU$29.46M | -6.38 | -6.28% | ― | -100.00% | -141.82% | |
46 Neutral | AU$23.26M | 1.48 | 34.97% | ― | ― | ― | |
46 Neutral | AU$30.37M | -10.95 | -17.92% | ― | ― | 14.47% | |
46 Neutral | AU$752.37M | -3.44 | -31.56% | ― | ― | -20.30% |
* Basic Materials Sector Average
AU:GSN
Great Southern Mining Limited
0.02
>-0.01
-9.09%
AU:HMX
Hammer Metals Limited
0.04
<0.01
16.67%
AU:LDR
Lode Resources Ltd
0.12
-0.04
-25.81%
AU:BMR
Ballymore Resources Limited
0.14
-0.01
-8.50%
AU:FRS
Forrestania Resources Limited
0.60
0.52
650.00%
AU:M79
Firetail Resources Limited
0.06
>-0.01
-1.69%
Great Southern Mining Limited Corporate Events
Great Southern Mining to Restart Drilling at High-Priority Edinburgh Park Target
Apr 17, 2026
Great Southern Mining says drilling at its Edinburgh Park joint venture in northern Queensland will restart after the wet season, with initial diamond holes to test the Mt Dillon target, a high-priority induced polarisation anomaly interpreted as ...
Great Southern Mining Sets Online Extraordinary General Meeting for May 2026
Apr 13, 2026
Great Southern Mining Limited has released the notice of meeting, letter to shareholders and proxy form for an upcoming Extraordinary General Meeting to be held online on 15 May 2026. The materials are available on both the ASX and company website...
Great Southern Mining Launches Deep Drilling at Golden Boulder Discovery
Mar 31, 2026
Great Southern Mining has begun deep diamond drilling at its 100%-owned Golden Boulder discovery within the Duketon Gold Project in Western Australia, marking the first diamond and first deep drilling beyond 155 metres in this primary mineralised ...
Great Southern Mining trims option overhang as 500,000 securities lapse
Mar 30, 2026
Great Southern Mining Limited has notified the market of the cessation of 500,000 options with an exercise price of $0.10 that were due to expire on 29 March 2027. The options expired unexercised on 29 March 2026, resulting in a reduction of the c...
Great Southern Mining Raises $4.23m Through Share Placement
Mar 26, 2026
Great Southern Mining has completed the issue of 151,324,286 fully paid ordinary shares at $0.028 each under its Listing Rule 7.1 and 7.1A placement capacities, raising $4.23 million before costs from institutional, sophisticated and existing shar...
Great Southern Mining Seeks ASX Quotation for 151 Million New Shares
Mar 26, 2026
Great Southern Mining Limited has applied for quotation of 151,324,286 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 27 March 2026. The securities form part of a previously announced transaction, indic...
Great Southern Mining Plans Issue of 30 Million Unlisted Options
Mar 19, 2026
Great Southern Mining Limited has notified the ASX of a proposed issue of up to 30 million unlisted options as part of a placement or similar capital-raising structure. The options, which form a new class of securities, are scheduled for issue on ...
Great Southern Mining Plans Large Share Placement on ASX
Mar 19, 2026
Great Southern Mining Limited has announced a proposed placement of up to 165,610,003 new ordinary fully paid shares on the ASX. The new securities, trading under code GSN, are expected to be issued on 27 March 2026, subject to ASX processes.The c...
Great Southern Mining Raises $4.6m to Accelerate Aggressive Gold Drilling Campaign
Mar 19, 2026
Great Southern Mining has secured firm commitments for a $4.6 million share placement, supported by new institutional and sophisticated investors as well as existing shareholders and management, to fund an aggressive drilling campaign across its W...
Great Southern Mining Requests Trading Halt Ahead of Capital Raising
Mar 17, 2026
Great Southern Mining Limited, an ASX-listed mineral exploration company based in Western Australia, is active in the resources sector and relies on equity markets to support its project pipeline and corporate development. The company’s secu...
Great Southern Mining Reaffirms JORC-Compliant Gold Resource Disclosures
Mar 10, 2026
Great Southern Mining has reiterated that its exploration results and mineral resource statements for its Duketon, East Laverton, Mon Ami and Edinburgh Park projects are prepared and signed off by accredited Competent Persons under the JORC 2012 C...
Great Southern Mining Issues Interim Half-Year Financial Report
Mar 6, 2026
Great Southern Mining Limited has released its interim financial report for the half-year ended 31 December 2025, outlining its condensed consolidated profit or loss, financial position, cash flows, and changes in equity. The report provides stake...
Great Southern Mining Issues 7.5 Million Unquoted Performance Rights
Feb 24, 2026
Great Southern Mining Limited has notified the market of the issue of 7,500,000 unquoted performance rights under its employee incentive scheme. The new securities, which will not be quoted on the ASX, were issued on 20 February 2026 and are inten...
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.