Great Northern Minerals Ltd (GNM) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Great Northern Minerals Ltd stock A$0.01, price A$0.02, that is 22.6% below the price, quality 24 out of 100. Rating: overvalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range A$0.0100 – A$0.1800 · the A$0.0190 price screens above the A$0.0147 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Great Northern Minerals Limited engages in the exploration and development of mineral properties in Australia and Finland. It explores for lithium, gold, and copper deposits.
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The company holds interests in the Finland lithium properties comprising the Sukula project that covers approximately 174.3 square kilometers and the Kuusisuo project that consists of approximately 362 square kilometers.
It also holds interests in the Douglas Creek project situated in north Queensland Australia. The company was formerly known as Greenpower Energy Limited and changed its name to Great Northern Minerals Limited in October 2019.
Great Northern Minerals Limited was incorporated in 1899 and is based in Perth, Australia.
Stock analysis
Great Northern Minerals Ltd (GNM) currently trades at A$0.0190, while our model-based Fair Value estimate is A$0.0147, 23% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the data coverage at low.
Quality & growth
The Quality Score stands at 24/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Great Northern Minerals Ltd reported revenue of A$19.2K in FY2025 versus A$2.3K in FY2021, a compound +70.2%/yr. Reported net income was −A$3.8M in FY2026.
Our AI-assisted moat analysis scores the competitive advantage at 8 out of 100 (low confidence).
What moves the price
The share trades about 70% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −12% fair-value upside, at −23%, GNM screens richer than that median.
Fair Value models
BearA$0.0147Fair Value A$0.0147BullA$0.0147
Price A$0.0190 · Downside -22.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
NCAV (Graham)A$0.0100A$0.0100A$0.010053
All 1 models by family
Asset-Based
NCAV (Graham)A$0.0100A$0.0100A$0.010053
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−71.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+120.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−31.2%
Start year 2020 (pandemic). Over 10 years: −4.7% a year
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−7.7%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−2,137.5% (2020) → −4,113.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
Compare Great Northern Minerals Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 206 stocks
Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score24 · Bottom 25%
Fair Value upside−22.6% · Above median
Profitability
Return on assets−37.6% · Bottom 25%
Net margin (12 months)−194.9% · Bottom 25%
Operating margin (12 months)−62.8% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)251.8% · Top 25%
Valuation Multiplesvs Gold median · lower = cheaper
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Is Great Northern Minerals Ltd (GNM) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of A$0.0147 versus a price of A$0.0190, about 23% lower (overvalued).
What is the fair value of GNM?
Our model-based fair value for Great Northern Minerals Ltd is A$0.0147 (as of Nov 4, 2026), built from audited fundamentals. The current price: A$0.0190.
What is the quality score of GNM?
Great Northern Minerals Ltd has a Quality Score of 24/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Great Northern Minerals Ltd (GNM)?
Our model-based price target is the fair value of A$0.0147 (as of Nov 4, 2026) from 1 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Great Northern Minerals Ltd stock forecast for 2026?
Our models put fair value at A$0.0147, about 23% lower versus a price of A$0.0190 (overvalued). The calculation is refreshed regularly with new filings.
What is the intrinsic value of Great Northern Minerals Ltd (GNM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Great Northern Minerals Ltd it is A$0.0147 per share (as of Nov 4, 2026), against a price of A$0.0190. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is Great Northern Minerals Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, GNM trades above its calculated fair value: price A$0.0190, fair value A$0.0147, a gap of about −23% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GNM?
No. The price is what the market pays today (A$0.0190); the fair value is what the company's own numbers justify (A$0.0147). For Great Northern Minerals Ltd the two are A$0.0043 per share apart. That gap is exactly why we show both numbers side by side.
How much is Great Northern Minerals Ltd worth?
The market values Great Northern Minerals Ltd at about A$9.3M (market capitalisation, as of Nov 4, 2026). Per share that is A$0.0190; our models calculate a fair value of A$0.0147 per share.
How solid is the balance sheet of Great Northern Minerals Ltd (GNM)?
Balance-sheet figures for Great Northern Minerals Ltd (as of Nov 4, 2026): return on equity −67.2%. They feed the Quality Score of 24/100, which measures business quality independently of the share price.
How far is GNM from its 52-week high?
Great Northern Minerals Ltd trades at A$0.0190, about 70% below its 52-week high of A$0.0630 and at the low of A$0.0190 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0147 is for.
Which stocks are comparable to Great Northern Minerals Ltd?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Great Northern Minerals Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price A$0.0190, calculated fair value A$0.0147 (−23%), Quality Score 24/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GNM calculated?
We run Great Northern Minerals Ltd through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of A$0.0147 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Great Northern Minerals Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Great Northern Minerals Ltd (GNM)?
The closing price on Nov 9, 2026 was A$0.0190. Our model-based fair value is A$0.0147, about 23% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Great Northern Minerals Ltd right now?
The price sits above even our optimistic bull case (A$0.0147). The favourable scenario is already priced in. Weak quality (24/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Great Northern Minerals Ltd
How large is the market capitalisation of Great Northern Minerals Ltd (GNM)?
The market capitalisation of Great Northern Minerals Ltd is A$9.3M (≈ $6.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Great Northern Minerals Ltd (GNM)?
The price-to-sales ratio of Great Northern Minerals Ltd is 5.05 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Great Northern Minerals Ltd (GNM)?
Earnings per share at Great Northern Minerals Ltd are A$−0.0100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Great Northern Minerals Ltd (GNM)?
The return on equity (ROE) of Great Northern Minerals Ltd is −67.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Great Northern Minerals Ltd (GNM)?
On an EBIT basis the return on assets of Great Northern Minerals Ltd is −50.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Great Northern Minerals Ltd (GNM)?
The operating margin of Great Northern Minerals Ltd is −62.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Great Northern Minerals Ltd (GNM)?
Revenue at Great Northern Minerals Ltd is growing +252% versus a year earlier (3y avg +120%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Great Northern Minerals Ltd (GNM) generate?
The free cash flow of Great Northern Minerals Ltd is −A$1.6M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Great Northern Minerals Ltd (GNM) hold?
Great Northern Minerals Ltd holds more cash than debt, A$3.8M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026
