Great Western Exploration Limited (AU:GTE)
ASX:GTE
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Great Western Exploration Limited
(Sydney:GTE)
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Select Model
Rating:48Neutral
Price Target:
AU$0.02
â–¼(-15.00% Downside)
Action:ReiteratedDate:02/14/26
The score is primarily held back by weak fundamentals—persistent losses and ongoing, worsening cash burn—despite a debt-free balance sheet. Technicals are neutral to slightly supportive (price above the 200-day average), but valuation is constrained by negative earnings and no dividend data.
Positive Factors
Debt-free balance sheet
A zero-debt, equity-financed balance sheet gives the company structural financial flexibility to sustain multi-stage exploration cycles. It lowers near-term solvency risk, enables negotiating non-dilutive partner funding or staged JV earn-ins, and preserves optionality to advance projects without immediate refinancing pressure.
Negative Factors
Persistent unprofitability
Sustained negative operating and net margins indicate the business model has not reached self-sustaining economics. Over a 2–6 month horizon this persistent unprofitability erodes equity, constrains retained capital for exploration, and keeps the company dependent on external funding or dilutive transactions to progress projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt, equity-financed balance sheet gives the company structural financial flexibility to sustain multi-stage exploration cycles. It lowers near-term solvency risk, enables negotiating non-dilutive partner funding or staged JV earn-ins, and preserves optionality to advance projects without immediate refinancing pressure.
Read all positive factors
Great Western Exploration Limited (GTE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$13.22M
Dividend YieldN/A
Average Volume (3M)812.35K
Price to Earnings (P/E)―
Beta (1Y)0.22
Revenue GrowthN/A
EPS Growth34.57%
CountryAU
Employees10
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding777,591,250
10 Day Avg. Volume775,316
30 Day Avg. Volume812,349
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.43
Price to Sales (P/S)30.56
P/FCF Ratio-1.29
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 Western Exploration Limited Business Overview & Revenue Model
Company Description
Great Western Exploration Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. It operates through Mineral Exploration, and Finance and Administration segments. The company primarily explores for ...
How the Company Makes Money
GTE is an exploration-stage company; specific, recurring operating revenue streams are not publicly confirmable from the information available in this prompt, so detailed breakdowns (e.g., by product, customer, or contract) cannot be stated withou...
Great Western Exploration Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
66
Positive
Cash Flow
22
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 184.47K | 22.13K | 30.03K | 592.00 | 81.00K |
| Gross Profit | 184.47K | 22.13K | 16.33K | -9.56K | 74.47K |
| EBITDA | -992.81K | -5.59M | -5.85M | -588.35K | -2.26M |
| Net Income | -5.73M | -5.61M | -5.86M | -598.50K | -2.26M |
Balance Sheet | |||||
| Total Assets | 13.56M | 13.78M | 15.65M | 18.78M | 15.98M |
| Cash, Cash Equivalents and Short-Term Investments | 2.70M | 1.51M | 3.02M | 4.62M | 5.22M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 357.40K | 986.66K | 339.70K | 447.00K | 223.22K |
| Stockholders Equity | 13.20M | 12.80M | 15.31M | 18.33M | 15.76M |
Cash Flow | |||||
| Free Cash Flow | -4.37M | -4.42M | -4.13M | -3.57M | -2.50M |
| Operating Cash Flow | -653.30K | -947.22K | -604.10K | -558.82K | -606.45K |
| Investing Cash Flow | -3.75M | -3.38M | -3.62M | -3.28M | -1.89M |
| Financing Cash Flow | 5.59M | 2.82M | 2.62M | 3.24M | 7.59M |
Great Western Exploration Limited Technical Analysis
Positive
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Positive
Market Momentum
<0.01
Positive
52.16
Neutral
144.44
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:GTE, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.16 is Neutral, neither overbought nor oversold. The STOCH value of 144.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:GTE.
Great Western Exploration 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% | |
52 Neutral | AU$82.78M | -0.73 | -57.60% | ― | ― | -17.02% | |
48 Neutral | AU$13.22M | -1.38 | -18.54% | ― | ― | 34.57% | |
47 Neutral | AU$6.61M | -0.49 | -56.98% | ― | ― | -41.18% | |
46 Neutral | AU$8.74M | -2.01 | -8.86% | ― | ― | 6.25% | |
41 Neutral | AU$4.48M | -0.09 | -139.83% | ― | ― | 57.55% |
* Basic Materials Sector Average
AU:GTE
Great Western Exploration Limited
0.02
>-0.01
-15.00%
AU:AON
Apollo Minerals Limited
0.07
0.05
288.89%
AU:TEM
Tempest Minerals Limited
0.01
>-0.01
-9.09%
AU:VAR
Variscan Mines Limited
0.01
0.00
0.00%
AU:IMI
Infinity Mining Limited
0.01
-0.01
-50.00%
Great Western Exploration Limited Corporate Events
Great Western Exploration issues new shares via incentive options and confirms compliance
Apr 7, 2026
Great Western Exploration Limited has issued 1,500,000 fully paid ordinary shares at no cost following the exercise of an equivalent number of vested zero exercise price incentive options. The company advised that these shares were issued without ...
Great Western Exploration Grants 9 Million Unquoted Employee Options
Apr 7, 2026
Great Western Exploration Limited has issued 9,000,000 unquoted employee incentive options, expiring on 30 September 2029, under its employee incentive scheme. These unquoted options, which will not be listed on the ASX, are designed to reward and...
Great Western Exploration Plans New Incentive Option Issue
Apr 7, 2026
Great Western Exploration Limited has notified the ASX of a proposed issue of up to 15,000,000 unquoted zero exercise price incentive options, expiring on 30 September 2029. The options are to be issued as part of a placement or other type of secu...
Great Western Exploration to List 1.5 Million New Shares on ASX
Apr 7, 2026
Great Western Exploration Limited has applied for the quotation of 1,500,000 new ordinary fully paid shares on the ASX, with an issue date of April 2, 2026. The additional securities, arising from the exercise or conversion of existing instruments...
Great Western to Start Fully Funded Nine-Target Copper-Gold Drilling Push in WA
Mar 30, 2026
Great Western Exploration will launch an aggressive copper-gold drilling campaign in Western Australia, testing nine fully funded targets within its Yerrida Basin projects near Meekatharra. Backed by a recent $3.75 million capital raising and a ca...
Great Western Exploration Director Increases Shareholding via Placement
Mar 26, 2026
Great Western Exploration has disclosed a change in director Kevin Clarence Somes’ interests in the company’s securities, following the issue of new shares under Tranche 2 of a placement approved by shareholders on 19 March 2026. Somes...
Great Western Completes Tranche Two Share Placement and Issues Cleansing Notice
Mar 26, 2026
Great Western Exploration Limited has completed the second tranche of a share placement, issuing 66,499,996 fully paid ordinary shares at $0.018 each to professional and sophisticated investors. The shares were issued after shareholder approval ea...
Great Western Exploration Seeks ASX Quotation for 66.5 Million New Shares
Mar 26, 2026
Great Western Exploration Limited has applied to the ASX for quotation of 66,499,996 new ordinary fully paid shares, to be issued on March 27, 2026. The substantial share issuance will expand the company’s quoted capital base, potentially en...
Great Western Exploration shareholders back all capital-raising resolutions
Mar 19, 2026
Great Western Exploration Limited has confirmed that all resolutions put to shareholders at its 19 March 2026 general meeting were passed on a poll, with strong levels of support recorded across the register. The approvals included ratification of...
Great Western Exploration Updates Corporate Directory in Half-Year Report
Mar 5, 2026
Great Western Exploration Limited, an Australian mineral exploration company listed on the ASX under the code GTE, operates from Perth and is supported by a conventional corporate structure including external auditors, legal counsel, and a profess...
Great Western Ramps Up Copper-Gold Drilling Near DeGrussa
Mar 1, 2026
Great Western Exploration has outlined an aggressive drilling program across multiple VHMS copper-gold targets near Sandfire’s DeGrussa deposit, including a large DeGrussa-style target at Oval scheduled for drilling in late March and six tar...
Great Western Exploration Plans Major Share Placement to Raise Capital
Feb 5, 2026
Great Western Exploration Limited has announced plans for a new placement of up to 208,333,333 fully paid ordinary shares, to be issued on 13 February 2026 under its ASX code GTE. The proposed capital raising signals the company’s intention ...
Great Western Secures $3.75m to Fully Fund Copper-Gold Drilling Near DeGrussa
Feb 5, 2026
Great Western Exploration has secured approximately A$3.75 million through a placement of about 208 million new shares at A$0.018 each, fully funding a suite of copper-gold drilling programmes at its Yerrida North project in Western Australia. The...
Great Western Exploration Seeks Trading Halt Ahead of Capital Raising
Feb 3, 2026
Great Western Exploration Limited has requested an immediate trading halt on its ASX-listed securities as it prepares to announce a capital raising. The company said the halt is intended to help manage its disclosure obligations, maintain an order...
Great Western Adds Two Drill-Ready Copper-Gold Targets at Yerrida North
Feb 1, 2026
Great Western Exploration has defined two additional drill-ready copper-gold targets, Diorama and Baroo, within its wholly owned Yerrida North project in Western Australia, bringing the total number of drill-ready VHMS-style targets in the area to...
Great Western to Drill Core of Potential Large Copper-Gold System at Oval Target
Jan 27, 2026
Great Western Exploration has secured all permits and a drill contractor to begin a 750-metre diamond drill hole in March 2026 at its Oval Copper-Gold Target in the Yerrida North Project, testing a strong gravity anomaly interpreted as the core of...
Great Western to Drill Core of Potentially Large Copper-Gold System at Yerrida North
Jan 20, 2026
Great Western Exploration has secured all permits and engaged a contractor to begin diamond drilling in March 2026 at its Oval Copper-Gold Targets within the Yerrida North Project in Western Australia, aiming to test a 750m-deep hole into a coinci...
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.