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Codrus Minerals Ltd
(Sydney:CDR)
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Rating:47Neutral
Price Target:
AU$0.04
▲(100.00% Upside)
Action:Reiterated
Date:09/08/26
The score is primarily held down by weak financial performance—no sustained revenue, continued losses, and persistent cash burn alongside a significantly reduced equity/asset base (raising funding risk). Technicals are a partial offset with the price trending above major moving averages, but the overbought RSI (~75) tempers the signal. Valuation remains constrained by a negative P/E and no dividend yield data.
Positive Factors
Low Leverage
Minimal debt reduces near-term balance-sheet pressure and avoids substantial interest obligations while the company remains in an early-stage exploration phase. This gives management more flexibility to direct available funds toward operations and exploration rather than debt servicing.
Negative Factors
No Sustained Revenue
The absence of a consistent revenue base limits visibility on operating momentum and demonstrates that the company has not yet established recurring commercial income. This leaves future funding and performance dependent on exploration outcomes rather than an operating business generating sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Minimal debt reduces near-term balance-sheet pressure and avoids substantial interest obligations while the company remains in an early-stage exploration phase. This gives management more flexibility to direct available funds toward operations and exploration rather than debt servicing.
Read all positive factors
Codrus Minerals Ltd (CDR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$10.85M
Dividend YieldN/A
Average Volume (3M)1.39M
Price to Earnings (P/E)―
Beta (1Y)2.13
Revenue GrowthN/A
EPS Growth36.45%
CountryAU
Employees6
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding258,417,970
10 Day Avg. Volume914,376
30 Day Avg. Volume1,391,057
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)100.30
Price to Sales (P/S)0.00
P/FCF Ratio-2.30
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
Codrus Minerals Ltd Business Overview & Revenue Model
Company Description
Codrus Minerals Limited focuses on the exploration and discovery of mineral resources, primarily targeting gold and nickel deposits. The company holds outright ownership of its projects in Western Australia, which encompass Silver Swan South, Red ...
Codrus Minerals Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -36.99K | 0.00 | 0.00 | 300.00K | 0.00 | 0.00 |
| Gross Profit | -37.36K | -733.00 | -2.70K | 300.00K | -14.44K | -5.88K |
| EBITDA | -2.18M | -1.59M | -1.78M | -3.10M | -2.68M | -4.09M |
| Net Income | -2.05M | -1.41M | -1.81M | -3.16M | -2.70M | -4.10M |
Balance Sheet | ||||||
| Total Assets | 602.59K | 321.27K | 1.93M | 2.37M | 1.98M | 4.21M |
| Cash, Cash Equivalents and Short-Term Investments | 460.10K | 228.09K | 1.83M | 2.15M | 1.83M | 4.06M |
| Total Debt | 0.00 | 0.00 | 0.00 | 120.93K | 0.00 | 0.00 |
| Total Liabilities | 140.10K | 280.05K | 543.91K | 385.20K | 272.14K | 301.60K |
| Stockholders Equity | 462.49K | 41.23K | 1.39M | 1.98M | 1.71M | 3.91M |
Cash Flow | ||||||
| Free Cash Flow | -2.10M | -1.80M | -1.41M | -1.83M | -2.22M | -3.40M |
| Operating Cash Flow | -2.10M | -1.80M | -1.41M | -1.83M | -2.19M | -3.36M |
| Investing Cash Flow | 0.00 | 197.12K | 13.00K | 300.00K | -117.77K | -40.26K |
| Financing Cash Flow | 1.15M | 0.00 | 1.15M | 1.84M | 15.77K | 21.46K |
Codrus Minerals Ltd Technical Analysis
Positive
0.02
Price Trends
0.03
Positive
0.03
Positive
0.03
Positive
Market Momentum
<0.01
Positive
75.44
Negative
42.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDR, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 75.44 is Negative, neither overbought nor oversold. The STOCH value of 42.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CDR.
Codrus Minerals Ltd 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% | |
56 Neutral | AU$6.97M | -6.43 | -4.88% | ― | 123.86% | 63.16% | |
47 Neutral | AU$10.85M | -4.04 | -561.82% | ― | ― | 36.45% | |
44 Neutral | AU$3.77M | -1.42 | -498.87% | 1.61% | -96.35% | -202.04% | |
43 Neutral | AU$3.48M | -1.24 | -153.71% | ― | ― | 39.82% | |
43 Neutral | AU$4.78M | -2.59 | 114.73% | ― | ― | -237.50% | |
41 Neutral | AU$8.51M | -6.79 | 146.21% | ― | ― | 26.13% |
* Basic Materials Sector Average
AU:CDR
Codrus Minerals Ltd
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70.83%
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Codrus Minerals Ltd Corporate Events
Codrus Minerals Sets Out Corporate Framework in 2026 Annual Report
Sep 4, 2026
Codrus Minerals Limited has released its annual report for the year ended 30 June 2026, outlining its corporate directory and governance framework. The document details the company’s board composition, company secretary, registered office, a...
Codrus Minerals details ASX governance compliance in Appendix 4G filing
Sep 4, 2026
Codrus Minerals Limited lodged its Appendix 4G and associated corporate governance disclosures with the ASX for the year ended 30 June 2026, confirming that its corporate governance statement is available on its website and current as of 4 Septemb...
Codrus Minerals Seeks Shareholder Approval for Major Share Issues at September Meeting
Aug 25, 2026
Codrus Minerals Limited has called a general meeting for 24 September 2026 in West Perth, Western Australia, setting 22 September 2026 as the record date for shareholder voting eligibility. The meeting will consider several share-related resolutio...
Codrus Minerals Raises $1.29m in First Tranche of Share Placement
Aug 12, 2026
Codrus Minerals Limited has completed the first tranche of a share placement, issuing 51,683,593 fully paid ordinary shares at $0.025 each to institutional, sophisticated and professional investors, raising about $1.29 million before costs. The sh...
Codrus Minerals Flags Expiry of 1.1 Million Performance Rights
Aug 12, 2026
Codrus Minerals Ltd, listed on the ASX under ticker CDR, operates in the minerals exploration and mining industry. The company manages its capital structure using performance rights and other incentive-based securities tied to operational and corp...
Codrus Minerals Shares Resume Trading After Acquisition and Capital Raising Update
Aug 3, 2026
Codrus Minerals has had the suspension of trading in its securities lifted on the ASX, allowing its shares to resume quotation immediately. The reinstatement follows the company’s release of an announcement detailing a proposed acquisition a...
Codrus Minerals Plans Major Share Issue to Fund Growth
Aug 3, 2026
Codrus Minerals has lodged a proposal with the ASX to issue up to 230 million ordinary fully paid shares in a new placement. The proposed securities are scheduled for issue on 2 October 2026, subject to ASX processes and approvals.The capital rais...
Codrus Minerals to Acquire Copper and Molybdenum Projects in Australia and Peru
Aug 3, 2026
Codrus Minerals has agreed to acquire EdgeMet Pty Ltd, giving it a 100% interest in the Copperhole Creek copper, silver and tin project in Queensland and the right to earn up to a 99.8% interest in the Tiquihua molybdenum and copper project in Per...
Codrus Minerals Seeks ASX Suspension Ahead of Acquisition and Capital Raising
Jul 31, 2026
Codrus Minerals Ltd, an ASX-listed minerals exploration company, participates in Australia’s regulated capital markets under the ticker CDR, with its securities subject to ASX supervision and listing rules. The company’s compliance wit...
Codrus Minerals pivots to strategy, advances Bull Run and Karloning reviews
Jul 30, 2026
Codrus Minerals used the June quarter to advance a strategic review of its project portfolio and evaluate potential acquisitions rather than carry out field exploration. Management concentrated on technical studies, strategic planning and capital ...
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.