GOLDEN HORSE MINERALS LIMITED (GHM)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

GHM

GHM - GOLDEN HORSE MINERALS LIMITED

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

0

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.395

22 Jul
2026

0.010

OPEN

$0.39

2.60%

HIGH

$0.41

272,821

LOW

$0.38

OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . AKA . ALK . AMI . ASL . AUC . AUE . AWJ . BC8 . BEZ . BGL . BM1 . BNZ . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DPM . EMR . EVN . EVR . FFM . FFM . FG1 . FXG . GG8 . GGP . GMD . GPR . HGO . IGO . KCN . KGL . MAT . MEI . MEK . MM8 . MML . MPK . MRT . NEM . NMG . NST . NVA . OBM . ORE . PC2 . PDI . PNR . POL . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SS1 . STM . STN . SVL . SX2 . TBR . TCG . TOR . TRE . TSO . TTM . USL . VAU . WAF . WGX . WIA . WMX . YRL .
FNARENA'S MARKET CONSENSUS FORECASTS

- No Record -

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
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

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

21/07/2026

1

Speculative Buy

$1.50

279.75%

Canaccord Genuity maintains a Speculative Buy rating for Golden Horse Minerals with a $1.50 target price following regional exploration results from the Southern Cross Gold Project.

Recent RC drilling at the Greenmount prospect successfully extended mineralisation more than 115m down plunge to a vertical depth of 150m, highlighting significant high-grade gold intervals.

The analyst notes these regional discoveries augment the flagship Hopes Hill deposit as the company prepares to deliver a maiden resource estimate later in the year.

Additional exploration updates from Withers and Marionette further validate the district-scale opportunity across the extensive landholding.

Valuation is based on median enterprise value to resource multiples from Australian explorer and developer peers.
Access Extra Coverage Research History >

GHM STOCK CHART

FNArena News on GHM

1
Australian Broker Call *Extra* Edition – Jul 23, 2026

10:30 AM - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Jul 21, 2026

Jul 21 2026 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Jul 20, 2026

Jul 20 2026 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Jul 06, 2026

Jul 06 2026 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Jun 25, 2026

Jun 25 2026 - Daily Market Reports

Latest Gold & Silver News

1
Investor Sentiment Yet To Turn For Pantoro Gold

Jul 16 2026 - Commodities
2
Capricorn Metals’ Wait Is (Almost) Over

Jul 07 2026 - Commodities
3
Resolute Mining Shares Ready To Rally

May 26 2026 - Technicals
4
The Greatland Resources Valuation Debate

Apr 30 2026 - Commodities
5
March Quarter Gold Medal For Newmont

Apr 28 2026 - Commodities
6
Treasure Chest: Greatland Resources

Apr 01 2026 - Treasure Chest
7
Gold’s Outlook No Longer Straightforward

Mar 19 2026 - Commodities
8
When Might Northern Star’s Woes End?

Mar 18 2026 - Commodities
9
Why Gold Beats Bitcoin & ASX Opportunities

Feb 04 2026 - Commodities
10
What In The Wild West Is Going On In Silver?

Jan 16 2026 - Commodities