Great Southern Mining Limited (AU:GSN)
ASX:GSN
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Great Southern Mining Limited
(Sydney:GSN)
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Rating:46Neutral
Price Target:
AU$0.02
▼(-40.00% Downside)
Action:ReiteratedDate:03/24/26
The score is primarily held back by weak financial performance: no revenue, ongoing losses, and persistent negative operating/free cash flow despite low leverage. Technicals also detract as the stock trades below major moving averages with negative MACD. A low P/E provides some offset on valuation, but it is not enough to overcome the operating and cash-burn risks.
Positive Factors
Low leverage / stronger balance sheet
Sustained very low debt levels and improving equity provide durable financial flexibility for an exploration company. Low leverage reduces bankruptcy risk, supports continued funding of drilling and studies, and preserves optionality to raise capital or pursue transactions without heavy interest burdens.
Negative Factors
No revenue / persistent losses
The absence of operating revenue means the company is pre-revenue and entirely reliant on exploration success or external funding. Persistent losses indicate no internal cash generation pathway yet, making long-term sustainability contingent on discovery, asset sales, or continued capital raises.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / stronger balance sheet
Sustained very low debt levels and improving equity provide durable financial flexibility for an exploration company. Low leverage reduces bankruptcy risk, supports continued funding of drilling and studies, and preserves optionality to raise capital or pursue transactions without heavy interest burdens.
Read all positive factors
Great Southern Mining Limited (GSN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$32.15M
Dividend YieldN/A
Average Volume (3M)705.68K
Price to Earnings (P/E)8.3
Beta (1Y)0.61
Revenue GrowthN/A
EPS Growth26.92%
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
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
0.04
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
48.72
Neutral
87.88
Negative
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 0.03, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.72 is Neutral, neither overbought nor oversold. The STOCH value of 87.88 is Negative, 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$26.27M | -8.70 | -24.90% | ― | ― | ― | |
47 Neutral | AU$27.68M | -6.38 | -6.28% | ― | -100.00% | -146.48% | |
47 Neutral | AU$25.17M | 1.48 | 34.97% | ― | ― | -11.01% | |
46 Neutral | AU$32.15M | 8.28 | 2.76% | ― | ― | 26.92% | |
43 Neutral | AU$533.62M | -3.44 | -31.56% | ― | ― | 86.21% | |
42 Neutral | AU$35.30M | -11.08 | -17.92% | ― | ― | -18.92% |
* Basic Materials Sector Average
AU:GSN
Great Southern Mining Limited
0.03
<0.01
47.37%
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Firetail Resources Limited
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Great Southern Mining Limited Corporate Events
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...
Great Southern Mining Confirms Vesting of 7 Million Performance Rights
Jan 30, 2026
Great Southern Mining Limited has announced that 7,000,000 performance rights previously granted to certain directors and senior executives have vested and are now capable of being exercised into fully paid ordinary shares before their two-year ex...
Great Southern Mining Reports Strong Duketon Drilling Results and Secures Exploration Grants
Jan 30, 2026
Great Southern Mining Limited reported strong drilling results for the December 2025 quarter, highlighted by completion of an 8,057m air-core program at the Amy Clarke prospect and a 5,234m reverse circulation program at the Golden Boulder prospec...
Great Southern Mining Advances Early-Stage Drilling at Province-Scale Edinburgh Park JV
Jan 29, 2026
Great Southern Mining has reported an exploration update for its Edinburgh Park Project in northern Queensland, where joint venture partner Gold Fields is earning up to a 75% stake through a A$15 million spend. Gold Fields has completed the 2025 f...
Great Southern Mining Flags Resource Growth Potential at Mon Ami Gold Project
Jan 28, 2026
Great Southern Mining has completed interpretation of results from a 2,146-metre aircore drilling program at its Mon Ami Gold Project in Western Australia, identifying promising gold intercepts north and northwest of the current 55,500-ounce JORC ...
Great Southern Mining Extends Shallow High-Grade Gold at Golden Boulder Discovery
Jan 26, 2026
Great Southern Mining has reported further shallow, high-grade gold intercepts from initial reverse circulation drilling at its Golden Boulder discovery within the Duketon Gold Project in Western Australia. Assays from the first 27 holes of a 56-h...
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.