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Golden Metal Resources Plc
(LSE:GMET)
Golden Metal Resources Plc (GMET) vs. iShares MSCI United Kingdom ETF (EWC)
Golden Metal Resources Plc Business Overview & Revenue Model
Golden Metal Resources Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 30.00K | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 30.00K | 0.00 |
| EBITDA | -576.01K | -2.72M | -1.38M | -848.00K | ― |
| Net Income | -576.01K | -2.71M | -1.38M | -848.00K | -749.81K |
Balance Sheet | |||||
| Total Assets | 8.83M | 19.95M | 12.55M | 9.45M | 6.13M |
| Cash, Cash Equivalents and Short-Term Investments | 959.38K | 1.87M | 3.03M | 1.37M | 40.00K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 239.00K | 1.78M | 826.00K | 414.00K | 123.51K |
| Stockholders Equity | 8.59M | 18.18M | 11.72M | 7.11M | 7.30M |
Cash Flow | |||||
| Free Cash Flow | -1.14M | -9.16M | -2.15M | -535.00K | -628.35K |
| Operating Cash Flow | -482.19K | -1.12M | -658.00K | -161.00K | -628.35K |
| Investing Cash Flow | -140.22K | -8.04M | -1.50M | -374.00K | 0.00 |
| Financing Cash Flow | 0.00 | 7.97M | 3.82M | 1.86M | 664.88K |
Golden Metal Resources Plc Peers Comparison
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% | |
55 Neutral | £248.03M | -86.98 | -18.58% | ― | ― | ― | |
45 Neutral | £2.01M | -0.60 | -148.58% | ― | ― | ― | |
44 Neutral | £2.64M | -2.75 | ― | ― | ― | ― | |
44 Neutral | £11.64M | -1.93 | ― | ― | ― | ― | |
44 Neutral | £982.18K | -3.13 | -2.79% | ― | ― | 23.81% | |
40 Underperform | £5.48M | -2.94 | -757.67% | ― | ― | ― |
Golden Metal Resources Plc Corporate Events
Guardian Metal Resources has confirmed that as of 31 December 2025 it has 168,498,967 ordinary shares in issue, all carrying voting rights and with none held in treasury, establishing the total number of voting rights in the company at the same figure. This disclosure, made in line with UK Financial Conduct Authority transparency rules, provides a clear denominator for investors to calculate and report any notifiable shareholdings or changes in holdings, enhancing visibility over the company’s shareholder base and supporting regulatory compliance for market participants.
Guardian Metal Resources has confirmed that, as of 31 December 2025, it has 168,498,967 ordinary shares in issue, with no shares held in treasury, giving the company an identical number of total voting rights. This updated capital and voting structure provides investors with the denominator needed to determine disclosure obligations under UK transparency rules and underscores the company’s current equity base as it advances its Nevada tungsten projects and positions itself as a key player in rebuilding a domestic U.S. supply chain for this critical defense metal.
Guardian Metal Resources has issued 229,249 new ordinary shares to directors under its 2025 Short-Term Incentive Plan at around £1.05 per share and granted a further 3.85 million share options, including 2.225 million to board members and 1.625 million to employees and advisers, with half vesting immediately and the remainder in December 2026. The new equity awards, which follow rapid progress across the group’s Nevada tungsten portfolio and recognition of its strategic role in U.S. critical minerals supply, modestly increase the company’s issued share capital to 168.7 million shares, align management and staff more closely with shareholder interests, and underscore Guardian Metal’s drive to build long-term value ahead of its planned U.S. market listing.
Guardian Metal Resources has filed a maiden S-K 1300 Technical Summary Report and updated, pit-constrained Mineral Resource Estimate for the Desert Scheelite deposit at its Pilot Mountain tungsten project in Nevada, showing a 16% increase in indicated resources versus a 2018 scoping study and confirming potential suitability for open-pit mining. Backed by a US$6.2m U.S. Department of War Defense Production Act investment, the company is advancing a comprehensive pre-feasibility study with a large team of specialist engineering and environmental consultants, adding a second drill rig for expanded exploration across multiple zones, and targeting completion of the PFS by end of H1 2026, rapid permit submissions thereafter, and first commercial production before the end of 2028, positioning the project as a potential first new domestic tungsten mine in the U.S. in more than a decade.
Guardian Metal Resources PLC announced that all resolutions at the 2025 AGM were successfully passed, including a special resolution to disapply pre-emption rights, signaling strong shareholder support for the company’s strategic direction. As the company progresses its flagship U.S.-based tungsten projects, the favorable vote reinforces its leadership in securing domestic supplies of this critical defense metal amidst evolving global trade challenges.
Guardian Metal Resources PLC is progressing with its plans to offer American Depositary Shares in the U.S. and list on a U.S. securities exchange. The company has consulted with its largest shareholders, UCAM Limited and Duquesne Family Office LLC, granting them a right of first refusal on any new share issues. This move is part of Guardian Metal’s strategy to strengthen its financial position and expand its market presence, potentially impacting its operations and stakeholder relations positively.
Guardian Metal Resources PLC announced that as of November 28, 2025, it has 167,998,967 ordinary shares in issue, with no shares held in treasury, establishing the total number of voting rights at the same figure. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure and Transparency Rules. The company’s strategic focus on U.S. tungsten production positions it as a key player in strengthening domestic supply chains for critical defense metals, particularly in light of recent geopolitical dynamics.
Guardian Metal Resources PLC has announced its Annual General Meeting will be held on December 17, 2025, in London. The company is focused on advancing its tungsten projects in Nevada, supported by a recent $6.2 million award from the U.S. Department of War. This move is part of Guardian’s strategy to strengthen U.S. tungsten production and independence, positioning itself as a key player in the defense metal industry amidst global supply chain challenges.
Guardian Metal Resources plc has appointed Joh. Berenberg, Gossler & Co KG and Stifel Nicolaus Europe Limited as its financial adviser and joint corporate brokers. These appointments are expected to enhance the company’s capital market relationships and access to institutional investors, aiding in the execution of its strategic mission and growth plans.
Guardian Metal Resources plc has announced the results of a 3D induced polarisation geophysical survey at its Pilot Mountain project, revealing a significant porphyry target in the Porphyry South zone. The survey results have increased the company’s confidence in the potential of the area, highlighting a larger and more coherent porphyry system than previously understood. This discovery could indicate a copper-enriched shell, making it a compelling future drilling target. The findings suggest that Pilot Mountain may host substantial upside beyond its tungsten deposits, potentially impacting the company’s operations and industry positioning.
Guardian Metal Resources plc announced the exercise of options for 100,000 new ordinary shares, raising £14,000. The new shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 167,998,967 ordinary shares, impacting shareholder voting rights and transparency obligations.
Guardian Metal Resources PLC has appointed Mr. Michael Xavier Schlumpberger as an Independent Non-executive Director, succeeding Mr. Mick Billing who is retiring. This move is part of the company’s strategic efforts to strengthen its board amidst its ongoing projects in tungsten production, which is crucial given the current geopolitical dynamics and the need for a reliable domestic supply chain for this critical metal.
Guardian Metal Resources has announced significant developments in its Garfield gold-silver-copper project in Nevada’s Walker Lane Mineral Belt. The company has identified high-grade mineralization through surface sampling and geophysical surveys, leading to the staking of additional mining claims and the identification of compelling drill targets. These findings, combined with a strengthening gold market, have increased interest in Guardian Metal’s precious metal projects, potentially enhancing shareholder value and providing strategic optionality alongside its core tungsten assets.
Guardian Metal Resources PLC has announced the appointment of Michael X. Schlumpberger as a Non-Executive Director, replacing Mick Billing who is retiring. Schlumpberger’s extensive experience in the critical minerals sector is expected to significantly benefit Guardian Metal as it advances its tungsten projects in Nevada, aiming to become a leading producer of American-made tungsten. This strategic appointment aligns with the company’s goal to enhance U.S. defense supply chain resilience and strengthen its market position in the critical minerals industry.
Guardian Metal Resources plc has announced its total voting rights, which stand at 167,598,967 ordinary shares as of 31 October 2025. This information is crucial for shareholders to determine their interest in the company’s share capital under the Financial Conduct Authority’s Disclosure and Transparency Rules.
Guardian Metal Resources plc has released its audited financial results for the year ending 30 June 2025, highlighting significant advancements in its tungsten projects in Nevada. The company has focused on the Pilot Mountain project, advancing pre-feasibility studies and drilling programs, while also acquiring the Tempiute project to bolster its production capabilities. Despite reporting a financial loss, Guardian Metal has strengthened its U.S. market presence and secured substantial funding, including a $6.2 million grant from the U.S. Department of War. The company is strategically positioned to capitalize on the increasing importance of tungsten, especially following China’s export restrictions, and aims to become a leading tungsten producer in the U.S.
Guardian Metal Resources plc has appointed Tamesis Partners LLP as its broker to enhance its capital market relationships and access institutional investors across the UK, Europe, and the U.S. This strategic move is expected to support the company’s growth plans and strengthen its market positioning.
Guardian Metal Resources has announced significant progress in its Tempiute tungsten project in Nevada, with rapid advancements in drilling and technical workstreams. The project aims to establish a strong foundation for U.S. tungsten supply, with consistent mineralization confirmed and infrastructure improvements underway to support future growth. The company’s efforts include extensive drilling, geophysical surveys, and metallurgical studies, positioning Tempiute for its next phase of development and potential gallium production. These developments are crucial for Guardian Metal’s strategy to re-establish secure, domestically sourced tungsten production in the U.S., aligning with national priorities.