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SSH Group Ltd.
(Sydney:SSH)
SSH Group Ltd. (SSH) vs. iShares MSCI Australia ETF (EWA)
SSH Group Ltd. Business Overview & Revenue Model
SSH Group Ltd. Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 37.44M | 40.05M | 41.15M | 96.29M | 70.50M |
| Gross Profit | 12.97M | 15.21M | 1.31M | 11.88M | 6.23M |
| EBITDA | 6.47M | 7.23M | 2.97M | -681.85K | 1.54M |
| Net Income | 529.71K | 667.95K | -1.30M | -2.60M | 817.35K |
Balance Sheet | |||||
| Total Assets | 40.70M | 43.42M | 38.94M | 39.76M | 11.40M |
| Cash, Cash Equivalents and Short-Term Investments | 3.95M | 2.60M | 2.05M | 5.35M | 161.92K |
| Total Debt | 25.00M | 30.35M | 28.11M | 22.40M | 3.26M |
| Total Liabilities | 31.15M | 35.86M | 32.04M | 32.18M | 11.03M |
| Stockholders Equity | 9.55M | 7.55M | 6.90M | 7.59M | 373.03K |
Cash Flow | |||||
| Free Cash Flow | 4.21M | 3.91M | -11.73M | -16.24M | -994.41K |
| Operating Cash Flow | 4.43M | 4.52M | 2.85M | -733.38K | -843.55K |
| Investing Cash Flow | 965.76K | 430.24K | -12.28M | -16.79M | -149.84K |
| Financing Cash Flow | -4.04M | -4.40M | 6.13M | 22.71M | 949.83K |
SSH Group Ltd. Technical Analysis
SSH Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$164.23M | 18.35 | 8.06% | 4.11% | 27.05% | 520.93% | |
63 Neutral | AU$19.33M | 9.27 | 59.48% | ― | 12.87% | 173.68% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | AU$321.45M | 106.29 | 13.37% | 0.11% | 24.47% | 21.28% | |
57 Neutral | AU$21.25M | 24.38 | 6.19% | ― | -6.52% | -20.79% | |
49 Neutral | AU$20.91M | -3.77 | -23.42% | ― | -13.52% | 7.82% |
SSH Group Ltd. Corporate Events
SSH Group Ltd’s mining arm, SSH Mining Australia, has secured Letters of Award to commence pre-mining works at Western Gold Resources’ 100%-owned Gold Duke gold project in Western Australia, covering clearing, grubbing and broader site establishment. The appointment, made alongside LGIRS as mine operator under a turnkey solution, underscores SSH’s role in transitioning the project from planning into operational readiness.
SSH Mining will construct haul roads, laydown areas, ROM pads and waste dump delineations, while Pennington Scott and Delta Consultancy & Drilling Services will build the Bower Bird water bore to provide a dedicated water supply and dust suppression. These early works are designed to de-risk mobilisation and the planned Q1 2026 production schedule and align with Western Gold Resources’ capital-efficient development strategy and assessment of options to extend Gold Duke’s mine life, potentially supporting longer-term contract visibility for SSH Group.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Group Ltd reported a 31% increase in revenue compared with the prior corresponding period, underpinned by strong performances across its SSH and KMH business units, robust customer cash receipts over the rolling 12 months to 31 December 2025, and a cash balance of $6.6 million at quarter end. During the quarter, the company completed a $2.53 million strategic placement from Xinhai Mining Services and its Australian arm, advanced the Wagtail Gold Deposit with infill and grade-control drilling that supports mine planning assumptions, progressed processing options through discussions with third-party toll-treatment providers to establish a clear pathway to production, and saw exceptional utilisation and workforce deployment in its KMH Hire vertical while actively tendering for multiple surface and underground mining projects across Western Australia, signalling ongoing operational expansion and strengthened positioning in the mining services sector.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Group Ltd reported a strong first half for FY26, with revenue rising 25% year-on-year to $24.1 million, EBITDA reaching $3.9 million and an EBITDA CAGR of about 70% since H1 FY23, supported by improved fleet and workforce utilisation. The company ended the period with $6.65 million in cash, net assets of $13.6 million and a $3.1 million reduction in hire purchase debt, reflecting disciplined capital management. Operationally, SSH accelerated its shift toward mining, advancing several gold projects toward near-term production through drilling, technical studies and early works, including high-grade RC drilling at Wagtail that confirmed strong continuity and coarse-gold mineralisation. The half also saw a $2.53 million strategic placement to Xinhai Mining Services, forming an alliance that enhances SSH’s access to global mining and processing expertise, and the appointment of mining industry veteran Kevin Malaxos as a non-executive director, collectively strengthening its financial footing, project pipeline and industry positioning as it enters the second half of FY26.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
High-Tech Metals has restarted reverse circulation drilling at its high-grade Wagtail gold deposit in Western Australia, commencing the second phase of an approximately 3,000-metre infill and grade-control program designed to improve geological confidence and refine grade continuity within the existing resource envelope. The renewed campaign follows strong initial “rush” assay results, including a standout intercept of 6 metres at 28.96 grams per tonne gold from 31 metres, which support the company’s understanding of the deposit and will feed into mine planning, metallurgical testwork and broader development studies as Wagtail is evaluated as a potential near-term production opportunity under its partnership with SSH Mining.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
High-Tech Metals has launched an aggressive exploration push at its Bullock prospect, an untested high-grade quartz-vein system directly north of the Wagtail deposit on the same mining lease, which exhibits near-identical geological characteristics to Wagtail and has returned surface rock chip assays of up to 14.2 g/t gold. In parallel, SSH Mining has started desktop-level financial and development studies to accelerate Wagtail toward production, with infill drilling now under way ahead of a Scoping Study, while High-Tech plans drilling at the 75,000-ounce Damsel deposit to progress it to Mining Lease status, underpinning a broader near-term, multi-deposit development strategy aimed at enhancing project economics and advancing the company’s transition into a gold producer.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Group Ltd is reinforcing its role in High-Tech Metals’ Mt Fisher Project through its subsidiary SSH Mining Australia, following High-Tech Metals’ execution of a non-binding memorandum of understanding with Wiluna Mining Corporation to assess potential toll treatment of Mt Fisher ore at the Wiluna processing facility in Western Australia. The arrangement supports ongoing technical studies and mine planning under the existing mining agreement between High-Tech Metals and SSH Mining, potentially enhancing SSH’s position as an integrated mining services partner and creating a clearer pathway toward project development and processing solutions for stakeholders involved in the Mt Fisher asset.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Mining Australia, a subsidiary of SSH Group, will manage and fund the recommencement of reverse circulation drilling at High-Tech Metals’ high-grade Wagtail gold deposit in Western Australia from 12 January 2026, as part of an approximately 3,000-metre infill program on an existing mining lease. The campaign is designed to collect critical geological, grade and metallurgical data to underpin ongoing resource and development studies and advance Wagtail toward a potential Final Investment Decision, with visible gold already observed in earlier drilling and laboratory assay results from completed holes expected to start flowing to the market during January 2026.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Mining Australia, a subsidiary of SSH Group, is managing and fully funding reverse circulation drilling and pre-feasibility work at High-Tech Metals’ high-grade Wagtail gold deposit, where recent drilling has intersected multiple zones of sulphide-bearing quartz veining containing visible gold, consistent with historical high-grade mineralisation. The program, paused over Christmas and set to resume in early January, aims to refine and potentially grow the existing JORC mineral resource as part of a broader scoping-level mining assessment for Wagtail and Mt Fisher, which includes metallurgical testwork, mine design, permitting and toll-treatment discussions, reinforcing the potential to move the project toward a near-term production and final investment decision once expedited assay results and technical studies are completed.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Group Ltd has commenced a high-density infill RC drilling program at the Wagtail Gold Deposit, aiming to refine and potentially upgrade the existing 14,600 oz JORC Mineral Resource. This initiative is part of SSH’s strategy to progress the deposit towards production, with a focus on increasing geological confidence and supporting future mine planning. Additionally, SSH is conducting a Production Pathway Desktop Study to explore various development scenarios, including low-disturbance open pit and underground transition options, while holding a 25% profit share in the project.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
High-Tech Metals Ltd has announced significant progress in its exploration activities at the Mt Fisher Gold Project, with high-grade rock chip samples and upcoming infill drilling at the Wagtail deposit. The results indicate potential for additional high-grade vein targets and continuity of mineralization, strengthening the case for near-term development. SSH Group Ltd, under a mining agreement, will fund pre-feasibility works and drilling to advance the project to a Final Investment Decision, supporting High-Tech’s goal of moving towards gold production.
The most recent analyst rating on (AU:SSH) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on SSH Group Ltd. stock, see the AU:SSH Stock Forecast page.
SSH Group Ltd announced the issuance of 8,444,000 listed options set to expire on August 6, 2027, with an exercise price of $0.25. This issuance, conducted without disclosure under Part 6D.2 of the Corporations Act, is part of the company’s compliance with relevant legal provisions. The announcement suggests a strategic move to enhance its financial positioning and offers potential implications for investors regarding the company’s assets, liabilities, and overall market prospects.
SSH Group Ltd announced that all resolutions proposed at their Annual General Meeting were successfully passed. This includes key resolutions such as the adoption of the remuneration report, re-election and election of directors, approval of a 10% placement facility, and ratification of prior issues of placement shares, which collectively support the company’s strategic initiatives and governance framework.
High-Tech Metals Ltd has announced promising metallurgical test results from its Mt Fisher Gold Project, confirming that the mineralization is free-milling and non-refractory, suitable for conventional gravity and cyanide processing methods. With recoveries of up to 92.8% from low-grade ore, these results support further Scoping Study work, Mineral Resource updates, and potential toll-treatment opportunities. The outcomes significantly de-risk the development scenario for Mt Fisher, allowing the company to proceed confidently with its joint venture partner, SSH Group Ltd, towards near-term gold production. The project’s proximity to existing gold processing plants enhances its potential for profitability.