Carnavale Resources Limited (CAV) AI Stock Analysis

• Market Cap: $16.36M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): -0.81
• Revenue Growth: N/A
• EPS Growth: -300.00%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 4,090,218,500
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: 79.49
• Enterprise Value/Gross Profit: 79.49
• Enterprise Value/Ebitda: -26.85
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 53 Neutral
• Price Target: ―

Carnavale Resources Limited demonstrates a strong balance sheet with no debt and significant revenue growth, which are positive indicators for future potential. However, ongoing profitability challenges and lack of positive cash flow are significant concerns. The absence of technical indicators and an unattractive valuation with a negative P/E ratio further weigh down the overall attractiveness of the stock. The company needs to focus on improving its operational efficiency and profitability to enhance its overall financial health and market attractiveness.

Carnavale Resources Limited Business Overview & Revenue Model

Company Description

Carnavale Resources Limited (CAV) is an exploration and development company focused on mineral resource projects. The company primarily operates within the mining sectors, with a focus on exploring and developing gold, nickel, and other base metals in Australia. By leveraging its expertise in identifying and acquiring promising mineral assets, Carnavale Resources aims to create value for its shareholders through strategic exploration and project development initiatives.

How the Company Makes Money

Carnavale Resources Limited makes money primarily through the exploration and eventual development of mineral resources, focusing on commodities such as gold and nickel. The company generates revenue by increasing the value of its mineral assets through exploration activities, which can lead to the sale or joint venture of projects with larger mining companies. Additionally, as exploration projects progress to development and production phases, Carnavale may derive income from the sale of extracted minerals. Key revenue streams include partnerships and agreements with other mining firms, which can provide funding, expertise, and share in the production output. The company's earnings are significantly influenced by the market demand and price fluctuations of the minerals they explore, as well as its ability to effectively manage exploration and development costs.

Carnavale Resources Limited Financial Statement Overview

Summary

Carnavale Resources Limited shows a positive trajectory in revenue growth, which is promising for future prospects. However, the company struggles with profitability and cash flow management, as seen in its consistent negative net income and free cash flow figures. While the balance sheet is strong with no debt, improving operational efficiency and profitability should be a priority to enhance overall financial health and create shareholder value in the long term.

Income Statement

Carnavale Resources Limited has shown significant revenue growth over the years, with the most recent annual report indicating an increase in total revenue from AUD 55,220 to AUD 222,573, a substantial growth rate of 303%. However, the company has consistently reported negative net income and EBIT, leading to negative net profit margins and EBIT margins. The negative profitability metrics indicate challenges in managing operational costs and achieving profitability, which impacts the financial stability of the company.

Balance Sheet

The company exhibits a strong equity base with no recorded debt, reflected in a debt-to-equity ratio of 0. Stockholders' equity has increased over time, indicating a solid equity position and financial stability. The equity ratio of approximately 97% suggests strong capital structure management. However, the company needs to improve its profitability to enhance return on equity, which is currently negative due to consistent net losses.

Cash Flow

Free cash flow has been negative, indicating ongoing cash outflows exceeding inflows primarily due to high capital expenditures. The operating cash flow to net income ratio is not favorable, reflecting challenges in converting operating activities into positive cash flows. Despite negative free cash flow, the company has managed to secure financing as needed, albeit the need for better cash management strategies moving forward.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	222.57K	55.22K	3.35K	10.63K	28.38K
Gross Profit	222.57K	54.60K	2.88K	10.63K	28.38K
EBITDA	-765.00K	-550.52K	-1.49M	-1.40M	-492.03K
Net Income	-791.14K	-452.61K	-1.41M	-1.49M	-2.36M
Balance Sheet
Total Assets	11.49M	8.98M	9.49M	7.15M	2.25M
Cash, Cash Equivalents and Short-Term Investments	1.24M	919.18K	3.25M	3.53M	1.19M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	338.19K	379.08K	527.02K	291.66K	76.61K
Stockholders Equity	11.15M	8.60M	8.97M	6.85M	2.18M
Cash Flow
Free Cash Flow	-2.62M	-2.33M	-3.25M	-2.50M	-1.15M
Operating Cash Flow	-351.10K	-416.25K	-501.98K	-541.43K	-394.33K
Investing Cash Flow	-2.26M	-1.91M	-2.75M	-1.95M	-757.90K
Financing Cash Flow	2.94M	-1.66K	2.97M	4.83M	2.15M

Carnavale Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NST	75 Outperform	29.60B	18.16	8.98%	2.66%	30.35%	102.55%
RSG	61 Neutral	1.79B	98.82	-5.26%	―	42.75%	-5.56%
DEG	57 Neutral	5.92B	-647.37	-1.35%	―	-56.04%	66.07%
CAV	53 Neutral	$16.36M	―	-27.97%	―	―	-300.00%
NVA	37 Underperform	142.53M	-9.27	0.00%	―	0.00%	50.26%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Carnavale Resources Limited Corporate Events

Carnavale Resources Expands Drilling at Kookynie Gold Project

Carnavale Resources Limited has commenced a new drilling program at its Kookynie Gold Project, targeting resource growth at the Swiftsure and Tiptoe deposits. This initiative aims to enhance resource confidence and potentially increase the project’s economic value, with results expected in the June 2025 quarter.

Carnavale Resources Initiates Second Phase Drilling at Kookynie Gold Project

Carnavale Resources Limited has commenced the second phase of its drilling campaign at the Kookynie Gold Project, targeting resource growth at the Swiftsure and Tiptoe deposits. The drilling aims to extend high-grade gold resources and enhance resource confidence, with potential implications for increasing overall resources and improving project economics. The campaign includes reverse circulation and diamond drilling, with results expected by the end of May 2025.

Carnavale Resources Limited Releases Half-Yearly Financial Report

Carnavale Resources Limited has released its half-yearly financial report for the six months ending December 31, 2024. The report includes various financial statements and declarations, providing insights into the company’s financial performance and position. This release is crucial for stakeholders to assess the company’s financial health and strategic direction.