Golden Mile Resources Limited (G88) fair value: what the stock is really worth
As of Nov 3, 2026: fair value (intrinsic value) of Golden Mile Resources Limited stock A$0.01, price A$0.01, upside +4.5%, quality 29 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Golden Mile Resources Limited engages in the exploration and development of mineral properties in Western Australia and the United States. The company explores for gold, nickel, cobalt, copper, base metal, and molybdenum deposits.
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Golden Mile Resources Limited was incorporated in 2016 and is based in Melbourne, Australia.
Stock analysis
Golden Mile Resources Limited (G88) currently trades at A$0.0055, while our model-based Fair Value estimate is A$0.0058, so the stock looks roughly fairly valued today (gap 4.3%).
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 96/100, which puts the data coverage at low.
Quality & growth
The Quality Score stands at 29/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Golden Mile Resources Limited reported revenue of A$36.1K in FY2025 versus A$430 in FY2021, a compound +202.7%/yr. Reported net income was −A$2.4M in FY2026.
Key figures
Market cap A$4.1M (≈ $2.9M) Micro · Return on equity −83.1% · Return on assets (EBIT) −30.4% · Operating margin −22,720% · Revenue growth (YoY) −95.1% · Free cash flow −A$1.2M · Net cash A$610K.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (medium confidence).
What moves the price
The share trades about 39% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −21% fair-value upside, at 5%, G88 screens cheaper than that median.
Fair Value models
BearA$0.0058Fair Value A$0.0058BullA$0.0058
Price A$0.0055 · Upside +4.5%
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.
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.38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−51.0%
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.
+355.9%
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.
+109.7%
Start year 2020 (pandemic)
Revenue growth 8 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.
+72.5%
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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.
−79,775.3% (2020) → −5,494.7% (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 Golden Mile Resources Limited 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.Other Industrial Metals & Mining · 373 stocks
Beats the industry median on 1/5 measures
Overall it trails its industry peers.
Valuation
Quality Score29 · Bottom 25%
Fair Value upside+4.5% · Above median
Profitability
Return on assets−90.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−95.1% · Bottom 25%
Valuation Multiplesvs Other Industrial Metals & Mining median · lower = cheaper
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Is Golden Mile Resources Limited (G88) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of A$0.0058 versus a price of A$0.0055, about +5% upside (fairly valued).
What is the fair value of G88?
Our model-based fair value for Golden Mile Resources Limited is A$0.0058 (as of Nov 4, 2026), built from audited fundamentals. The current price: A$0.0055.
What is the quality score of G88?
Golden Mile Resources Limited has a Quality Score of 29/100. 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 Golden Mile Resources Limited (G88)?
Our model-based price target is the fair value of A$0.0058 (as of Nov 4, 2026) from 1 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Golden Mile Resources Limited stock forecast for 2026?
Our models put fair value at A$0.0058, about +5% upside versus a price of A$0.0055 (fairly valued). The calculation is refreshed regularly with new filings.
What is the intrinsic value of Golden Mile Resources Limited (G88)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Golden Mile Resources Limited it is A$0.0058 per share (as of Nov 4, 2026), against a price of A$0.0055. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Golden Mile Resources Limited stock overvalued or undervalued in 2026?
As of Nov 4, 2026, G88 trades below its calculated fair value: price A$0.0055, fair value A$0.0058, a gap of about +5% (fairly valued). 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 G88?
No. The price is what the market pays today (A$0.0055); the fair value is what the company's own numbers justify (A$0.0058). For Golden Mile Resources Limited the two are A$0.0003 per share apart. That gap is exactly why we show both numbers side by side.
How much is Golden Mile Resources Limited worth?
The market values Golden Mile Resources Limited at about A$4.1M (market capitalisation, as of Nov 4, 2026). Per share that is A$0.0055; our models calculate a fair value of A$0.0058 per share.
How solid is the balance sheet of Golden Mile Resources Limited (G88)?
Balance-sheet figures for Golden Mile Resources Limited (as of Nov 4, 2026): return on equity −83.1%. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is G88 from its 52-week high?
Golden Mile Resources Limited trades at A$0.0055, about 39% below its 52-week high of A$0.0090 and 10% above the low of A$0.0050 (as of Nov 3, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0058 is for.
Which stocks are comparable to Golden Mile Resources Limited?
From the same area (Basic Materials) we also value Saudi Arabian Mining Company, CMOC Group, Hindustan Zinc Limited, Korea Zinc Company, 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 Golden Mile Resources Limited stock attractive at the current price?
The data as of Nov 4, 2026: price A$0.0055, calculated fair value A$0.0058 (+5%), Quality Score 29/100, 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 G88 calculated?
We run Golden Mile Resources Limited through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$0.0058, 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 14.5 % above its aggregate fair value. Golden Mile Resources Limited currently trades 4 % below its own fair value, and the market average says nothing about that. 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 Golden Mile Resources Limited (G88)?
The closing price on Nov 3, 2026 was A$0.0055. Our model-based fair value is A$0.0058, about +5% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Golden Mile Resources Limited right now?
The price is below even our cautious bear case (A$0.0058). The market is more pessimistic than our downside scenario. The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Golden Mile Resources Limited
How large is the market capitalisation of Golden Mile Resources Limited (G88)?
The market capitalisation of Golden Mile Resources Limited is A$4.1M (≈ $2.9M). 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 return on equity of Golden Mile Resources Limited (G88)?
The return on equity (ROE) of Golden Mile Resources Limited is −83.1% (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 Golden Mile Resources Limited (G88)?
On an EBIT basis the return on assets of Golden Mile Resources Limited is −30.4% (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 Golden Mile Resources Limited (G88)?
The operating margin of Golden Mile Resources Limited is −22,720% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Golden Mile Resources Limited (G88)?
Revenue at Golden Mile Resources Limited is growing −95.1% versus a year earlier (3y avg +356%). 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 Golden Mile Resources Limited (G88) generate?
The free cash flow of Golden Mile Resources Limited is −A$1.2M (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 Golden Mile Resources Limited (G88) hold?
Golden Mile Resources Limited holds more cash than debt, A$610K net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026