Image source: © 2025 Krish Capital Pty. Ltd.

Highlights

  • FY25 revenue of GGP rose to AUD 957.4 million, driven by Telfer integration and higher gold and copper output.
  • The company will be added to the S&P/ASX 200, 300, and All Ordinaries indices, effective 22 September 2025.
  • FY26 guidance targets 260,000–310,000 ounces of gold production with AUD 575 million in cash reserves and no debt.

Greatland Resources Limited (ASX:GGP), the Australian gold and copper miner, reported revenue of AUD 957.4 million for the full year ended 30 June 2025 (FY25). Profit before tax for the period rose to AUD 441.9 million, up from a loss of AUD 28.6 million in FY24.  FY25 earnings and revenue were supported by the acquisition and integration of the Telfer mine, higher gold and copper production, favourable commodity prices, and disciplined cost management.

The scale of operations, combined with full exposure to spot pricing, significantly enhanced profitability and cash generation. Cash and cash equivalents stood at AUD 574.7 million at the end of FY25, compared with just AUD 9.2 million in FY24.

Recent Updates

In September 2025, S&P Dow Jones Indices confirmed the addition of Greatland Resources to the S&P/ASX 200, 300, and All Ordinaries indices, effective 22 September 2025.

The June 2025 quarterly report highlighted the successful integration of the Telfer and Havieron assets, and commencement of key growth projects. During the reported period, the company recorded gold production of 78,283 ounces and copper output of 3,729 tonnes. The company generated AUD 487 million in revenue and AUD 310 million in operating cash flow for the quarter. Importantly, operational safety improved, with zero lost time injuries and a reduced Total Recordable Injury Frequency Rate (TRIFR).

Outlook

For FY26, Greatland Resources is targeting gold production of 260,000 to 310,000 ounces, reflecting a full year of output from Telfer alongside operational enhancements. This guidance has been moderated from the previous two-year outlook of 300,000 to 340,000 ounces provided in April 2025.

The company has also committed to a 240km drilling program at Telfer aimed at boosting resource confidence and identifying new ore zones, setting up potential multi-year mine life extensions. In parallel, the completion of a Feasibility Study and early works at Havieron are scheduled for FY26, with the development restart expected in 2026.

Share performance of GGP

Greatland Resources shares closed at AUD 6.34 per share on 8 September 2025, up 1.77% intraday. Over the past month, GGP’s share price has advanced 23.11%, adding to a 4.45% gain over the past week. However, quarter-to-date performance shows a decline of 10.83%, while year-to-date it remains negative. The company’s 52-week high of AUD 7.80 was recorded on 24 June 2025, while its 52-week low of AUD 4.91 occurred on 13 August 2025.

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 08 September 2025. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.