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Golden Horse Minerals (GHM) investor relations material
Golden Horse Minerals Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Regional exploration at Golden Valley delivered multiple shallow, high-grade gold intersections, indicating significant new discovery potential north of Bullfinch.
Hopes Hill drilling at the Southern Cross Project returned broad, high-grade gold intercepts at depth and along strike, expanding the mineralised system to over 2.5km.
The company ended 2025 with a strong cash position of approximately $43.7 million, bolstered by a $35 million capital raising.
Appointment of a new Chief Operating Officer to support operational growth and project delivery.
Financial highlights
Cash on hand at year-end was ~$43.7 million.
Capital raising of ~$35 million completed via a two-tranche placement at $0.66 per CDI, with strong support from major shareholders and institutional investors.
Payments to related parties during the quarter totaled $278,000 for director salaries and fees.
Outlook and guidance
Further drilling planned for 2026 at Hopes Hill and regional targets to expand known mineralisation and unlock new discoveries.
Resource development drilling and initial mining studies to advance the Southern Cross Project toward development readiness.
Aeromagnetic and drone-magnetic surveys scheduled for Q1 2026 to enhance regional exploration targeting.
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Profits and equity improved, with upward revisions to full-year forecasts and new subsidiaries added. - NVDA
AI is transforming enterprises by enabling intent-driven innovation and technology-first strategies. - DNLM
H1 sales up 3.6% to £926m; digital mix 41%; PBT to hit lower end of consensus. - CRW
Double-digit growth, strong cash flow, and new leadership drive confidence for FY25. - 7011
Strong revenue and profit growth in FY2025, with raised guidance and key divestiture impact. - 8053
Profit attributable to owners dipped 1.9% despite higher revenues and strong FX gains. - 323410
Strong growth in customers, profits, and deposits, with stable asset quality and global milestones. - 3407
Net income rose 22.7% year-over-year, with improved financials and a revised upward forecast. - RYM
Refreshed strategy targets NZD 150m cash flow uplift, NZD 500m cash release, and resumed dividends by FY 2028. - 9101
Profits fell across most segments, but energy shipping and a major acquisition stood out.
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