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. Its flagship project is the Hopes Hill project 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
$0.5250 -2.8%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-09
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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Strong cash runway (80 quarters)
  • 4C filed 2026-07-20
  • Pre-revenue but well-funded (>$30M cash)
  • EPS estimates revised upward (+10pts)
  • Small-cap ($20-100M)
  • CANSLIM I: Institutional ownership (20%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.50%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • Commodity (Gold): up (+3pts)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • 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
  • Long-term momentum is negative — down 22% over the past year
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Recent Catalysts

NONE Impressive Gold Mineralisation Hits Continue At Hopes Hill
NONE Notification regarding unquoted securities - GHM
NONE Notification of cessation of securities - GHM
LOW Investor Presentation - Diggers & Dealers 2026

Recent ASX Announcements

2026-08-18 Impressive Gold Mineralisation Hits Continue At Hopes Hill PRICE SENSITIVE
2026-08-13 Notification regarding unquoted securities - GHM
2026-08-02 Investor Presentation - Diggers & Dealers 2026 PRICE SENSITIVE
2026-07-28 Notification of cessation of securities - GHM
2026-07-20 Quarterly Cashflow Report PRICE SENSITIVE

Key Metrics

$92.4M
Market Cap
493K
Avg Volume
0.8x
Vol Ratio
$0.36 — $0.92
52-Week Range
N/A
Short Interest
20 qtrs
Cash Runway
-10.4%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 102%
LLeader vs LaggardpassRS: 12
IInstitutional SponsorshippassInst: 20%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

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