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Gold Mountain Ltd (GMN) Fair Value & Analysis

Basic Materials · AU · Market cap A$23.1M (≈ $16.7M) · ISIN AU000000GMN8

What is Gold Mountain Ltd really worth?

GM Gold Mountain Ltd GMN · AU
PriceA$0.0650
Fair ValueA$0.1697
Upside+161.1%
Quality50/100

A solid business, trading 62% below our fair value of A$0.1697.

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Strengths

Ranks above peers (6/8)

Risks

!Weak Growth (revenue 5y +120.7 %/yr)
!Thin margins · 0.0% net margin
!negative free cash flow
!Narrow moat 8/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range A$0.1342 – A$0.2052

Fair value as of: Aug 30, 2026

From 4 valuation models · updated 5 days ago

Fair value updated Aug 30, 2026, revised from A$0.1680 to A$0.1697 (+1.0%) since Aug 13, 2026. Share price −9.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (A$0.1342). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

A$1.60 A$0.0450 Fair Value A$0.1697 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.

How to read this chart

60‑month range A$0.0450 – A$1.60 · fair‑value band A$0.1342 – A$0.2052 · the A$0.0650 price screens below the A$0.1697 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 30, 2026.

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Analysis

Gold Mountain Ltd (GMN) currently trades at A$0.0650, while our model-based Fair Value estimate is A$0.1697, implying the stock looks roughly 61.7% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Basic Materials sector. Bull case: the Multiples group reads highest at a median of A$0.2100 per share, and 3 of the 4 models we run sit above the A$0.0650 price. Bear case: the Asset-Based group reads lowest at A$0.0300, and 1 of the 4 models stay below the price. Evidence for this calculation is low.

Trailing-twelve-month revenue stands at A$76.9K. Revenue grew 102.4% year over year. It earns a return on equity of −30.0%. The balance sheet holds a net cash position of A$1.5M. Fundamentals as of Aug 30, 2026

Our scenario range runs from A$0.1342 (bear case) to A$0.2052 (bull case); at A$0.0650, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 65% below its 52-week high and 44% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −10% fair-value upside, at 161%, GMN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
Gordon GGM A$0.0800 A$0.1400 A$0.1800 64
EV/EBITDA A$0.1600 A$0.2100 A$0.2600 64
DDM Multi-Stage A$0.0800 A$0.1300 A$0.1500 63
All 4 models by family
Dividend Discount
Gordon GGM A$0.0800 A$0.1400 A$0.1800 64
DDM Multi-Stage A$0.0800 A$0.1300 A$0.1500 63
Multiples
EV/EBITDA A$0.1600 A$0.2100 A$0.2600 64
Asset-Based
NCAV (Graham) A$0.0200 A$0.0300 A$0.0400 52

Widest divergence: Multiples (A$0.2100) versus Asset-Based (A$0.0300). Highest evidence: Gordon GGM (64).

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Key figures & financial health

EPS (TTM) A$−4.26
Return on equity −30.0% TTM
Return on assets (EBIT) −6.9% avg 5y
Operating margin −5,078% TTM
Revenue (TTM) A$76.9K TTM
Revenue growth (YoY) +102% 3y avg −15.6%
More key figures
Balance sheet & cash flow
Free cash flow −A$1.4M FY2025
Net cash A$1.5M FY2025

Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 50 · Market factors (momentum, volatility) 12

Profitability 0
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 18
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Gold Mountain Limited engages in the acquisition, exploration, and development of mineral properties in Australia and Brazil. The company explores for gold, lithium, copper, niobium, rare earth elements, molybdenum, and other precious and base metal deposits. Its flagship property is the Down Under Rare Earths Project located in Jequié Region, Brazil.

Full company description

Gold Mountain Limited engages in the acquisition, exploration, and development of mineral properties in Australia and Brazil. The company explores for gold, lithium, copper, niobium, rare earth elements, molybdenum, and other precious and base metal deposits. Its flagship property is the Down Under Rare Earths Project located in Jequié Region, Brazil. The company was formerly known as Commissioners Gold Limited and changed its name to Gold Mountain Limited in December 2014. Gold Mountain Limited was incorporated in 2005 and is based in Cottesloe, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Gold Mountain Ltd reported revenue of A$76.9K in FY2025 versus A$788K in FY2021, a compound −44.1%/yr. Reported net income was −A$8.8M in FY2025.

Growth Quality 35/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
A$76.9K
Latest YoY
+102.4%
Avg. revenue growth/yr (3Y) 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.
−15.6%
Avg. revenue growth/yr (5Y) 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.
+120.7%
Avg. revenue growth/yr (10Y) 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.
+34.2%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −44.1%/yr
FY21 A$788K
FY22 A$128K
FY23 A$12.4K
FY24 A$38.0K
FY25 A$76.9K
Net income
FY21 −A$1.4M
FY22 −A$18.1M
FY23 −A$10.2M
FY24 −A$4.0M
FY25 −A$8.8M

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Cite: Fair Value Calculator (2026). "Gold Mountain Ltd Fair Value". https://www.fairvalue-calculator.com/stock/GMN

Peer Group

Gold · 247 stocks

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.

Quality Score 50 · Above median
Fair Value upside +162% · Top 25%
Return on assets −18% · Bottom 25%
Net margin (TTM) 0% · Above median
Revenue growth 102% · Top 25%
Dividend yield (TTM) 16.4% · Top 25%

Valuation Multiples vs Gold median · lower = cheaper

P/B 1.34× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE100 · sector 100
PAST0 · sector 1
HEALTH0 · sector 98
DIVIDEND100 · sector 21

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $112.82 +1%
Zijin Mining Group 601899 ¥32.21 ¥39.42 +22%
Agnico Eagle Mines Limited AEM C$268.76 C$213.40 −21%
Barrick Mining Corporation B $41.23 $50.66 +23%
Franco-Nevada Corporation FNV $271.31 $96.63 −64%
Wheaton Precious Metals Corp WPM C$201.40 C$56.05 −72%
AngloGold Ashanti plc AU $97.92 $88.63 −9%
Kinross Gold Corporation K C$38.29 C$34.62 −10%
Royal Gold, Inc RGLD $262.85 $93.56 −64%
Northern Star Resources Limited NST A$23.19 A$15.98 −31%

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Frequently asked questions

Is Gold Mountain Ltd (GMN) overvalued or undervalued?
As of Aug 30, 2026, our model estimates a fair value of A$0.1697 versus a price of A$0.0650, about +161% upside (undervalued).
What is the fair value of GMN?
Our model-based fair value for Gold Mountain Ltd is A$0.1697 (as of Aug 30, 2026), built from audited fundamentals. The current price: A$0.0650.
What is the quality score of GMN?
Gold Mountain Ltd has a Quality Score of 50/100. 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 revenue of Gold Mountain Ltd (GMN)?
Gold Mountain Ltd reported trailing-twelve-month revenue of about A$76.9K (latest available figure, as of Aug 30, 2026).
What is the net profit margin of GMN?
The net profit margin of Gold Mountain Ltd is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
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