Intelligent Investor

Golden Mile Resources Ltd (ASX: G88) - Share Price and Research

- Current share price for G88 : $0.012

Golden Mile Resources Ltd (Golden Mile; ASX: G88), an ASX-listed company, is a Western Australian based project development and mineral exploration company with a three-tier strategy for delivering value. The primary focus is on the project development of its flagship, 100% owned Quicksilver nickel-cobalt project and the secondary value driver is through its 100% owned, highly prospective Yuinmery gold project. Golden Mile Resources is also focused on tactical alliances with joint venture partners to maintain exposure without expense to strategic assets.

G88 General Information +

ASX Code G88
Website http://www.goldenmileresources.com.au
Industry/Sector Diversified Metals & Mining
Market Cap ($M) 4
G88 Share Price $0.012
Day High $0.012
Day Low $0.012
Last Close $0.012
G88 Share Price Movement - ( No change )
Prices as at 16:35, 19 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.
Upsell Banner

G88 Related Research

Golden Mile Resources Ltd (G88) Upcoming Dividends & Yields

There are no dividends for Golden Mile Resources Ltd (G88). Please use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Golden Mile Resources Ltd (G88) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Strategic Review and Exploration Update 17 Apr 2024 8:47AM $0.013 $0.012 $0.013 fallen by 7.69%
Half Yearly Report and Accounts 15 Mar 2024 1:41PM $0.012 $0.012 $0.013 fallen by 0%
Cornerstone Investor Subscription - Complete 14 Feb 2024 9:34AM $0.014 $0.012 $0.013 fallen by 14.29%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Golden Mile Resources Ltd (G88) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

G88 Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A -$1.39 -$0.60 5.20% 0.00 0.00 0.00% 0.0%
2022A -$1.03 -$0.60 -40.80% 0.00 0.00 0.00% 0.0%
2021A -$1.23 -$1.00 -84.60% 0.00 0.00 0.00% 0.0%

G88 Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
BHP Group (BHP) $225,379M -0.3385 0.1563 -0.0448 10.9954 9.5093 9.9556 5.77% 5.00% 4.37%
Golden Mile Resources (G88) $5M 0.0517 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Mineral Resources (MIN) $13,546M 0.4175 -0.1335 0.7405 25.3888 29.3020 16.8357 2.74% 1.47% 3.13%
Rio Tinto (RIO) $47,783M -0.1084 -0.0752 -0.0948 13.0632 14.1257 15.6051 4.94% 3.56% 3.24%
South32 (S32) $14,720M -0.6117 -0.6381 0.5534 10.2201 28.2363 18.1767 3.79% 1.36% 2.06%

G88 Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.60 0.00
Market 0.53 15.30 1.11 1.01
Sector 1.41 15.30 1.04 0.36

G88 Directors

Name Position Start Date
Mr Francesco (Frank) Cannavo Non-Executive Director 2 Aug 2021
Mr Grant Michael Button Non-Executive Director, Non-Executive Chairman 2 Aug 2021

Golden Mile Resources Ltd (G88) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
12 Jul 2023 DORMER, Damon Buy Indirect Shares 400,000 $0.051 $20,390.370
16 Jun 2023 CANNAVO, Francesco (Frank) Issued Indirect Shares 1,500,000 $0.016 $24,000.000
16 Jun 2023 BUTTON, Grant Issued Indirect Shares 1,037,500 $0.016 $16,600.000

See all changes in directors' interest & trades for Golden Mile Resources Ltd (G88) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

G88 Management

Name Position
Jack Rosagro Company Secretary

G88 Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Golden Mile Resources Ltd (G88). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
12,100,000 (5.91%) Apertus Capital Pty Ltd
16,210,920 (5.80%) Rajiv Ramnarayan

G88 Calendar of Events

Date Event
29 January 2025 Report (Quarterly)
24 October 2024 Report (Quarterly)
26 September 2024 Report (Annual)
26 July 2024 Report (Quarterly)
26 April 2024 Report (Quarterly)

FAQs about Golden Mile Resources Ltd (G88)

Golden Mile Resources Ltd's (G88) current share price is $0.01. This constitutes a price movement of 7.69% when compared to the share price 7 days ago and is -79.31% below G88's 12-month high of $0.06 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.01, Golden Mile Resources Ltd's (G88) current share price of $0.01 constitutes a movement of or 0%. Golden Mile Resources Ltd's (G88) share price movement is -7.69% when compared to 7 days ago and is -79.31% below G88's 52-week high of $0.06.

Golden Mile Resources Ltd's (G88) 52-week high is $0.06 which was reached on 10 Jul 2023. Relative to this, G88's current share price of $0.01 constitutes a -$0.05 or -79.31% drop since that high of $0.06 per G88 share.

Golden Mile Resources Ltd's (G88) 52-week low is $0.01 which was reached on 5 Mar 2024. Relative to this, G88's current share price of $0.01 constitutes a $0.00 or 20% gain since that low of $0.01 per G88 share.

Over the last 12 months, Golden Mile Resources Ltd (G88) has a daily average trading volume of 2,245,603 G88 shares per day.

Golden Mile Resources Ltd (G88) has a current dividend yield of n/a this year. Last year's dividend yield was 0%. The dividend yield for G88 is a ratio that tells you the percentage of Golden Mile Resources Ltd's (G88) share price that it pays out in dividends each year.

Golden Mile Resources Ltd (G88) will release its next Annual Report on 26 September 2024. Golden Mile Resources Ltd's (G88) last annual report was released on 28 Sep 2023. Click here to view Golden Mile Resources Ltd's (G88) last annual report.

Golden Mile Resources Ltd (G88) is classified as Materials. Other companies in this sector include BHP Group Limited (BHP), Fortescue Ltd (FMG), Newmont Corporation (NEM), and Rio Tinto Limited (RIO).

The price-to-earnings (P/E) ratio for Golden Mile Resources Ltd (G88) is 0. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Golden Mile Resources Ltd's (G88) share price to its earnings per G88 share.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.