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

$0.425

12 Jun
2026

0.005

OPEN

$0.42

1.19%

HIGH

$0.43

467,386

LOW

$0.39

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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
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

xxx

$xx.xx

xx.xx%

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Shaw and Partners

11/06/2026

1

Buy

$1.50

252.94%

Shaw and Partners maintains a Buy rating for Golden Horse Minerals with a $1.50 target price following regional drilling updates across its core gold tenure.

Regional reverse circulation drilling at Hakes Find confirmed shallow mineralisation over a strike length exceeding 500m, delivering intercepts up to 11m at 3.37g/t gold.

Deep exploration at the flagship Hopes Hill project continues to return high-grade diamond intercepts including 7.05m at 7.04g/t gold to infill the subsurface geological model.

Ongoing campaigns across emerging regional targets like Greenmount build out an extensive discovery pipeline ahead of a planned maiden mineral resource estimate by the end of 2026.

The analysts view the ambitious multi-rig exploration program as highly positive for expanding the asset base throughout the Southern Cross Greenstone Belt.

GHM STOCK CHART