Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Golden State Mining Limited, through its affiliated companies, is engaged in the prospecting, assessment, and strategic investment in mineral properties throughout Australia. The firm seeks out deposits containing gold, lithium, base metals, and rare earth elements. It maintains complete ownership of its primary projects, including the Yule venture, which covers 730 square kilometers across six granted exploration licenses and two pending applications in Western Australia's Northern Pilbara region. Furthermore, the company holds the Four Mile Well project, spanning 260 square kilometers within the Eastern Goldfields, and the newly launched Payne's Find project, comprising five exploration license applications across 1257 square kilometers in the Murchison region of Western Australia. The company was founded in 2017 and operates from its base in West Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks.