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← CockpitCompetitor Analysis › GGP.AX Greatland Resources LimitedOpen in the cockpit ↗

Greatland Resources LimitedGGP.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Precious Metals

Gold miner that acquired Newmont's Telfer processing plant and the nearby Havieron gold-copper project in Western Australia.

≈ A newly-scaled Australian gold-copper developerMomentum weak 23
Mkt cap
$5.11B
US dollars, full cap
Free float
76%
of shares outstanding
$/day
$12.5M
20-day average traded
Fwd P/E
13.4×
forward earnings
ROIC−WACC
+71.0 pp
WACC 13.1%
Hurdle
n/a
no reverse DCF
Next earnings
123 days
9 Mar 2027
Close · AUDA$10.33
1D-4.6%
1W+4.9%
1M+3.0%
3M-17.2%
6M-30.6%
YTD-1.5%
1Y+31.3%
ATR %4.6%
52w lowhigh33.0% off high

What Greatland Resources does

Gold miner that acquired Newmont's Telfer processing plant and the nearby Havieron gold-copper project in Western Australia.

In one line: A newly-scaled Australian gold-copper developer.

Products and services

  • Telfer gold-copper mine
  • Havieron gold-copper development project

Customers

  • Gold/copper refiners and smelters

Where it sits in the supply chain

  • Mining
  • Gold/copper mining and development
  • Telfer processing hub + Havieron…

What could go right

  • Havieron development ramp-up
  • Gold/copper price cycles

What could go wrong

  • Development/execution risk
  • Gold/copper price volatility

Moat: narrow (installed base). Acquired an existing major processing plant (Telfer) that gives a low-cost path to develop the high-grade Havieron deposit.

Headquarters: Perth, Australia

Named competitors

Greatland Resources at a glance

Size Greatland Resources (GGP.AX) is an Australia Materials company (Precious Metals) with a market value of $5.11B, the 67th largest of 316 Australia companies the cockpit tracks. Shares closed at A$10.33 on 6 Nov 2026.

Performance Over six months the shares fell 30.6%, against +4.0% for the median peer and +4.1% for the Australia market (cap-weighted) — 2nd lowest of 21 in its peer set.

Growth Revenue grew 118.5% over the last twelve months (peer median +50.3%); the operating margin is 52.4% (peer median 45.7%).

Valuation It trades at 13.4× forward earnings against a peer median of 12.4× (9th most expensive of 20).

Capital Return on invested capital runs 71.0 points above its cost of capital (13.1% WACC).

Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 102GGP.AX 70
Six months, rebased to 100: Greatland Resources against the median of its 20 peers (local-currency closes).

Greatland Resources financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$2.20BA$2.19BA$1.00BA$0A$0
Revenue growth—+118%———
Gross profitA$1.20BA$1.19BA$505M-A$354,672-A$600,345
EBITDAA$1.30BA$1.29BA$489M-A$24.7M-A$35.6M
Net incomeA$841MA$834MA$352M-A$28.2M-A$40.3M
Free cash flowA$810MA$783MA$461M-A$46.8M-A$47.5M
Capital expenditureA$455MA$440MA$177MA$23.5MA$27.7M
Total debtn/aA$22.2MA$31.5MA$79.3MA$79.9M

Quarterly statements and history in the cockpit →

Greatland Resources competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%603979TXRKNTMAURMS002155SSRMGMDPRUCMMCGVAUOGCSBSWTFPMARTGORPAFAYAGGP.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Greatland Resources is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%10×20×30×603979TXRKNTRMS002155SSRMGMDPRUCMMCGOGCSBSWTFPMARTGORPAFAYAGGP.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Greatland Resources is the large dot.

Greatland Resources competitors and peer comparison

Head to head with its named competitors (GGP.AX vs NEM vs S32.AX vs NST.AX)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Greatland Resources GGP.AX$5.11B-31%+118%52%13.4×-3.1%
Newmont NEM$126B+4%+23%55%12.7×-8.9%
South32 S32.AX$13.7B-1%-4%15%12.7×6.3%
Northern Star Resources NST.AX$25.3B+19%+19%35%17.8×17.5%

How Greatland Resources compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Greatland Resources against its 20 peers (data as of 6 Nov 2026)
MeasureGGP.AXPeer medianRank in peer set
1-month return+3.0%-0.4%6th highest of 21
6-month return-30.6%+4.0%2nd lowest of 21
Distance from 52-week high-33.0%-22.0%6th lowest of 21
Revenue growth (TTM)+118.5%+50.3%3rd highest of 19
Operating margin52.4%45.7%8th highest of 19
Forward P/E13.4×12.4×9th most expensive of 20
Growth the price implies (Req g, 7 yrs)-3.1%3.6%5th least demanding of 15
ROIC minus cost of capital+71.0 pp+19.5 pphighest of 21
EV / EBITDA4.7×7.2×4th cheapest of 17
Net debt / EBITDA-1.0×-0.5×4th least indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Greatland Resources GGP.AXAustralia$5.11B-31%+118%52%13.4×-3.1%n/a
JCHX MINING MANAGEMENT 603979.SSChina$5.09B-12%+23%28%9.9×-7.7%+29.3%
Torex Resources TXR.TOCanada$5.02B+16%+76%46%7.1×-3.9%+11.5%
K92 Mining KNT.TOCanada$4.86B+10%+62%68%11.0×0.7%+31.3%
Montage Gold MAU.TOCanada$4.79B+17%n/an/a18.4×n/an/a
Ramelius Resources RMS.AXAustralia$4.78B+3%-14%42%19.0×13.7%+10.3%
Hunan Gold 002155.SZChina$4.72B-33%+1%4%15.3×11.1%+27.4%
SSR Mining SSRMUnited States$5.66B-17%+39%42%8.1×n/an/a
Genesis Minerals GMD.AXAustralia$5.73B+6%+89%45%15.1×7.2%+182.9%
Perseus Mining PRU.AXAustralia$5.77B+11%+13%48%11.8×-1.1%+26.4%
Capricorn Metals CMM.AXAustralia$4.42B-1%+45%58%17.6×12.7%+33.9%
Centerra Gold CG.TOCanada$4.25B+27%+44%27%12.4×6.5%+13.9%
Vault Minerals VAU.AXAustralia$4.19B+21%+35%33%13.0×-0.1%+59.0%
OceanaGold OGC.TOCanada$6.27B-5%+56%44%7.1×-5.4%+29.2%
Sibanye Stillwater Limited Sponsored ADR SBSWUnited States$6.30B-29%+59%26%5.9×n/an/a
Triple Flag Precious Metals TFPM.TOCanada$6.54B+1%+45%63%24.7×n/an/a
Skeena Resources SKE.TOCanada$3.90B+6%n/an/an/an/an/a
Artemis Gold ARTG.VCanada$6.76B+18%+148%71%11.3×6.6%n/a
OR Royalties OR.TOCanada$6.81B0%+68%77%29.5×n/an/a
Pan African Resources PAF.LUnited Kingdom$3.79B-25%+106%54%7.2×-6.7%+25.7%
Aya Gold & Silver AYA.TOCanada$3.68B+40%+265%53%19.2×17.9%+72.4%

Questions

Who are Greatland Resources's main competitors?
Named competitors: Newmont Corporation (NEM), South32 (S32.AX), Northern Star Resources (NST.AX). The cockpit's measured peer set (industry) also includes JCHX MINING MANAGEMENT (603979.SS), Torex Resources (TXR.TO), K92 Mining (KNT.TO), Montage Gold (MAU.TO), Ramelius Resources (RMS.AX), Hunan Gold (002155.SZ).
Is Greatland Resources expensive compared with its peers?
On forward p/e it trades at 13.4× against a peer median of 12.4×, 9th most expensive of 20 in its peer set.
How has Greatland Resources stock performed?
Over six months to 6 Nov 2026 the shares returned -30.6% against +4.0% for the median peer; over one year +31.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.