44LOW

GHM

GOLDHORSE CDI 1:1 [GHM]
Golden Horse Minerals Limited operates as a gold exploration company that is engaged in the acquisition, exploration, and development of mineral projects in Western Australia. It primarily explores for gold, nickel, and lithium exploration. The company's principal project is the Southern Cross North project covering an area of approximately 930 square kilometers located in Perth, Western Australia. The company was formerly known as Altan Rio Minerals Limited and changed its name to Golden Horse Minerals Limited in July 2023. Golden Horse Minerals Limited is based in Vancouver, Canada.
Basic Materials · ASX Small Cap
$0.4600 -2.1%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical35
Catalyst55
Sentiment50
Fundamental82
Momentum58
Risk Gate50
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Drifting lower — down 8.0% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.74, underperforming its peers
  • Strong cash runway (30 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • EPS estimates revised upward (+10pts)
  • Small-cap ($20-100M)
  • CANSLIM I: Institutional ownership (15%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 44% over the past year
  • Pre-revenue company — Altman Z-Score not applicable
  • Commodity (Gold): strong_down (-5pts)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.34%/day)
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Change of Director's Interest Notice - Sloan
NONE Change of Director's Interest Notice - Anderson
NONE Gold at Hopes Hill Confirmed Free-Milling
Announcement tone +5pts

Recent ASX Announcements

2026-03-24 Change of Director's Interest Notice - Sloan
2026-03-23 Change of Director's Interest Notice - Anderson
2026-03-15 Gold at Hopes Hill Confirmed Free-Milling PRICE SENSITIVE
2026-03-09 Change of Director's Interest Notice - Sloan
2026-03-04 Hopes Hill Exploration Update PRICE SENSITIVE

Key Metrics

$94.3M
Market Cap
486K
Avg Volume
1.0x
Vol Ratio
$0.21 — $0.92
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-22.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 94%
LLeader vs LaggardlaggardRS: -9
IInstitutional SponsorshippassInst: 15%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #370 of 558 · Sector avg: 46

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