GOLDEN HORSE MINERALS LIMITED (GHM)
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GHM

GHM - GOLDEN HORSE MINERALS LIMITED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -0
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.45

04 Jun
2026

0.000

OPEN

$0.46

0.000

HIGH

$0.46

155,604

LOW

$0.44

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FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

HISTORICAL DATA ARE ALL IN AUD
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Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-3.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx31.4
Net Operating Cash Flow xxxxxxxxxxxxxxx-2.2 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-10.42 %
Return on Invested Capital xxxxxxxxxxxxxxx-10.42 %
Return on Assets xxxxxxxxxxxxxxx-9.50 %
Return on Equity xxxxxxxxxxxxxxx-10.42 %
Return on Total Capital xxxxxxxxxxxxxxx-11.45 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-2.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx44 M
Price To Book Value xxxxxxxxxxxxxxx2.41

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx14.8 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx6 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

0
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Shaw and Partners

01/06/2026

1

Buy

$1.50

233.33%

Shaw and Partners maintains a Buy rating for Golden Horse Minerals with a $1.50 target price following a significant exploration breakthrough at the Hopes Hill project in Western Australia.

Reverse circulation and diamond drilling confirmed high-grade gold mineralisation extending over 3km, with a standout intercept of 12m at 7.0g/t gold located 1,000m north of the existing pit.

Commentary explains the results validate the geological model beneath the historic workings and suggest the bulk of the endowment remains wide open at depth.

With four rigs deployed and a large batch of assays pending, the ongoing drill campaign aims to integrate data into a planned mineral resource estimate by the end of 2026.

The broker nominates the company as a preferred pick within the gold sector as it systematically unlocks a substantially larger mineralised system.
Access Extra Coverage Research History >

GHM STOCK CHART

FNArena News on GHM

1
Australian Broker Call *Extra* Edition – Jun 03, 2026

Jun 03 2026 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Jun 01, 2026

Jun 01 2026 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Apr 30, 2026

Apr 30 2026 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Apr 27, 2026

Apr 27 2026 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Apr 16, 2026

Apr 16 2026 - Daily Market Reports

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