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Cazaly Resources Limited
(Sydney:CAZ)
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Rating:47Neutral
Price Target:
AU$0.02
▲(5.00% Upside)
Action:Reiterated
Date:09/20/26
The score is held back primarily by ongoing losses and persistent negative operating/free cash flow despite strong FY2026 revenue rebound and a very low-debt balance sheet. Technical indicators also lean weak with negative MACD and sub-40 RSI, while valuation metrics are not supportive due to a negative P/E and no dividend yield provided.
Positive Factors
Very low leverage
Extremely low leverage provides financial flexibility and reduces solvency risk while Cazaly advances its exploration portfolio. A sizable equity base gives the company greater capacity to absorb project uncertainty and fund activities without the immediate burden of substantial debt servicing.
Negative Factors
Persistent unprofitability
Cazaly remains unable to convert its current revenue base into sustainable operating or net profit, continuing a multi-year pattern of losses. Ongoing operating costs exceeding revenue constrain reinvestment capacity and make future performance dependent on successful project monetisation or financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low leverage provides financial flexibility and reduces solvency risk while Cazaly advances its exploration portfolio. A sizable equity base gives the company greater capacity to absorb project uncertainty and fund activities without the immediate burden of substantial debt servicing.
Read all positive factors
Cazaly Resources Limited (CAZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.37M
Dividend Yield174.72%
Average Volume (3M)820.05K
Price to Earnings (P/E)―
Beta (1Y)1.14
Revenue GrowthN/A
EPS Growth91.27%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding589,030,760
10 Day Avg. Volume979,700
30 Day Avg. Volume820,048
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)0.68
Price to Sales (P/S)8.78
P/FCF Ratio-6.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cazaly Resources Limited Business Overview & Revenue Model
Company Description
Cazaly Resources Limited is an Australian enterprise dedicated to the diverse exploration and development of mineral resources. The company's primary focus lies in prospecting for valuable deposits of nickel, graphite, gold, copper, iron ore, and ...
How the Company Makes Money
Cazaly Resources’ earnings model is primarily driven by creating value from mineral exploration projects rather than ongoing sales of mined commodities. Revenue (when generated) typically comes from transactions and agreements relating to its expl...
Cazaly Resources Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
22
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.01M | 287.31K | 297.47K | 308.96K | 220.82K |
| Gross Profit | 907.15K | 287.31K | 297.47K | 228.91K | 138.12K |
| EBITDA | -650.23K | -709.78K | -776.76K | -2.04M | -1.65M |
| Net Income | -629.86K | -5.81M | -891.45K | -2.12M | -1.74M |
Balance Sheet | |||||
| Total Assets | 13.28M | 10.43M | 16.13M | 14.33M | 16.35M |
| Cash, Cash Equivalents and Short-Term Investments | 3.63M | 2.87M | 5.03M | 3.82M | 6.90M |
| Total Debt | 9.00K | 113.31K | 208.51K | 7.05K | 88.71K |
| Total Liabilities | 315.74K | 496.49K | 391.51K | 296.67K | 414.12K |
| Stockholders Equity | 12.99M | 9.95M | 15.76M | 14.05M | 15.95M |
Cash Flow | |||||
| Free Cash Flow | -1.41M | -2.46M | -3.35M | -3.97M | -2.56M |
| Operating Cash Flow | -1.30M | -931.57K | -1.14M | -773.68K | -820.30K |
| Investing Cash Flow | -1.19M | -1.24M | 489.10K | -2.83M | -1.87M |
| Financing Cash Flow | 3.27M | 0.00 | 1.87M | 0.00 | 767.55K |
Cazaly Resources Limited Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
38.39
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CAZ, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.39 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CAZ.
Cazaly Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | AU$9.28M | 1.92 | 34.93% | ― | ― | ― | |
49 Neutral | AU$48.37M | -24.40 | -5.53% | ― | ― | 97.78% | |
47 Neutral | AU$12.37M | -21.00 | -4.82% | 174.72% | ― | 91.27% | |
44 Neutral | AU$10.05M | -4.18 | -22.82% | ― | ― | 93.04% | |
42 Neutral | AU$13.38M | -2.89 | -83.24% | ― | ― | -9.30% | |
41 Neutral | AU$12.30M | -2.86 | -20.54% | ― | -7.64% | 28.93% |
* Basic Materials Sector Average
AU:CAZ
Cazaly Resources Limited
0.02
>-0.01
-30.00%
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52.50%
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Cazaly Resources Limited Corporate Events
Cazaly Resources Updates ASX Corporate Governance Disclosures for 2026
Sep 16, 2026
Cazaly Resources Limited has lodged its updated Corporate Governance Statement and accompanying Appendix 4G with the ASX for the financial year ended 30 June 2026, confirming compliance with key ASX Corporate Governance Council principles. The com...
Cazaly sharpens Abenab North targets as copper drilling nears
Sep 9, 2026
Cazaly Resources has completed processing and interpretation of a high-resolution drone aeromagnetic survey over its Abenab North Project in Namibia, refining magnetic models and targets prospective for rare earth elements, copper and other base m...
Cazaly Extends Hastings Gold Trend and Targets High-Grade Gulls Blow Drilling
Sep 7, 2026
Cazaly Resources has extended the known gold trend at its Hastings prospect after completing 50 first-pass aircore holes for 3,512m, tracing anomalous gold a further 400m south of a historic high-grade intercept and returning a shallow 7m interval...
Cazaly secures Romano tenements and finalises $1.7m JV with Dundas
Sep 2, 2026
Cazaly Resources has confirmed that all five tenements comprising its Romano Gold Project in Western Australia have now been fully granted, consolidating its position in a large, underexplored gold-bearing area north of the 6.05Moz Gruyere mine. T...
Cazaly Secures Majority Stake in Goongarrie Gold Project Ahead of Schedule
Aug 27, 2026
Cazaly Resources has earned a 51% ownership stake in the Goongarrie Gold Project through its joint venture with Brightstar Resources, meeting the second farm-in expenditure milestone 12 months ahead of schedule. The project lies 90km north of Kalg...
Cazaly Resources Performance Rights Lapse, Reducing Potential Dilution
Aug 13, 2026
Cazaly Resources Limited has updated the market on changes to its capital structure, announcing the cessation of 2,236,008 performance rights listed under ASX code CAZAG. The rights lapsed on 13 August 2026 because the conditions attached to these...
Cazaly completes maiden drilling at Hastings prospect in WA goldfields
Jul 29, 2026
Cazaly Resources has completed a maiden aircore drilling campaign at the Hastings gold prospect within its Goongarrie Gold Project, finishing 50 holes for 3,512m across 2.1km of the Bardoc Tectonic Zone. The program systematically tested gold mine...
Cazaly Resources Confirms High-Grade Gold at Goongarrie and Advances Namibian Copper-REE Exploration
Jul 27, 2026
Cazaly Resources reported a strong June 2026 quarter marked by high-grade gold results from reverse circulation drilling at the Duke of York and Duchess prospects within its Goongarrie Gold Project in Western Australia. Assays confirmed multiple h...
Cazaly Launches Aircore Drilling at Hastings Prospect in Eastern Goldfields
Jul 13, 2026
Cazaly Resources has commenced a ~3,000‑metre aircore drilling program at the Hastings gold prospect within its Goongarrie Gold Project, about 90km north of Kalgoorlie in Western Australia. The campaign aims to test 2.6km of strike along the...
Cazaly starts groundwork for maiden drilling at Hastings gold prospect
Jul 9, 2026
Cazaly Resources has begun on-ground preparations for its maiden aircore drilling program at the Hastings gold prospect, part of the Goongarrie Gold Project north of Kalgoorlie. The work includes line clearing and access establishment to support a...
Cazaly sharpens drilling plans with high-res survey over Namibia’s Cadix anomaly
Jul 5, 2026
Cazaly Resources has commissioned a high-resolution drone aeromagnetic survey over three priority magnetic targets at its Abenab North project in Namibia, centred on the untested Cadix anomaly, an 800m-diameter magnetic feature believed to represe...
Cazaly Director Clive Jones Increases Indirect Shareholding via On-Market Trades
Jun 29, 2026
Cazaly Resources has reported a change in the shareholding of director Clive Bruce Jones, reflecting an increase in his indirect interest in the company. Through entities in which he holds a relevant interest, Jones acquired 500,000 fully paid ord...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.