Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-34.78%
0%
-34.78%
6 Months
-25.0%
0%
-25.0%
1 Year
-53.12%
0%
-53.12%
2 Years
60.71%
0%
60.71%
3 Years
-62.5%
0%
-62.5%
4 Years
-62.5%
0%
-62.5%
5 Years
-6.25%
0%
-6.25%
Golden Horse Minerals Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
0
EBIT Growth (5y)
-236.85%
EBIT to Interest (avg)
-1.26
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.45
Sales to Capital Employed (avg)
0.36
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.69%
ROE (avg)
1.95%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.17
EV to EBIT
-3.55
EV to EBITDA
-3.55
EV to Capital Employed
1.31
EV to Sales
NA
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-36.97%
ROE (Latest)
-21.03%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Shareholding Snapshot : Jun 2023
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 0 Foreign Institutions (0%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY
Dec'24
Dec'23
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-1.50
-1.00
-50.00%
Interest
0.00
0.00
Exceptional Items
0.00
-0.30
100.00%
Consolidate Net Profit
-1.70
-2.30
26.09%
Operating Profit Margin (Excl OI)
0.00%
-23,512.00%
2,351.20%
USD in Million.
Net Sales
YoY Growth in quarter ended Dec 2024 is 0.00% vs 0.00% in Dec 2023
Consolidated Net Profit
YoY Growth in quarter ended Dec 2024 is 26.09% vs -360.00% in Dec 2023
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
0.00
4.10
-100.00%
Operating Profit (PBDIT) excl Other Income
-6.10
-0.20
-2,950.00%
Interest
0.00
0.10
-100.00%
Exceptional Items
0.00
0.20
-100.00%
Consolidate Net Profit
-6.30
-1.00
-530.00%
Operating Profit Margin (Excl OI)
0.00%
-39.00%
3.90%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -100.00% vs 0.00% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -530.00% vs 9.09% in Dec 2023
About Golden Horse Minerals Ltd. 
Golden Horse Minerals Ltd.
Precious Metals
Altan Rio Minerals Limited is a mineral exploration and development company engaged in the acquisition, exploration and development of exploration and evaluation assets in Mongolia. The Company operates through the exploration of exploration and evaluation assets segment. The Company explores for gold and copper projects in various mineral regions in Mongolia. It is involved in exploring holdings totaling over 255,148 acres. The Chandman-Yol property is located in mountainous basin and range country in eastern Khovd Aimag, western Mongolia, over 1,050 kilometers west of the capital Ulaanbaatar, and consists of approximately nine tenements covering over 203,880 acres. The Khavchuu Project is an early-stage exploration project located approximately 10 kilometers west of Centerra Gold Inc.'s Boroo mine and mill complex in the Boroogol District of orogenic gold deposits, northern Mongolia. The Onon project consists of over three tenements covering approximately 33,680 acres.
Company Coordinates 
Company Details
400 - 837 West Hastings Street , VANCOUVER BC : V6C 1B6
Registrar Details






