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Castle Minerals Limited
(Sydney:CDT)
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Rating:50Neutral
Price Target:
AU$0.08
▲(0.00% Upside)
Action:Reiterated
Date:10/04/26
The score is held back primarily by weak financial performance—persistent losses, inconsistent revenue, and ongoing negative operating/free cash flow—despite a low-debt balance sheet. Technicals are moderately supportive with price above key moving averages and neutral-to-positive momentum, but valuation remains constrained by a negative P/E and no dividend yield.
Positive Factors
Low Leverage
An essentially debt-free balance sheet limits leverage-related financial risk and preserves flexibility for exploration spending, capital raising, or project advancement. This provides a stronger foundation than a highly indebted explorer, although it does not offset the company’s current losses and cash burn.
Negative Factors
Persistent Losses
Recurring losses across every reported year show that Castle has not established profitable operations or demonstrated sustainable earnings power. Even though the 2026 annual loss narrowed versus 2025, continued material losses weaken retained capital and leave future development dependent on external funding or asset outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
An essentially debt-free balance sheet limits leverage-related financial risk and preserves flexibility for exploration spending, capital raising, or project advancement. This provides a stronger foundation than a highly indebted explorer, although it does not offset the company’s current losses and cash burn.
Read all positive factors
Castle Minerals Limited (CDT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$17.23M
Dividend YieldN/A
Average Volume (3M)112.75K
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue GrowthN/A
EPS Growth62.73%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.04
Shares Outstanding215,345,540
10 Day Avg. Volume53,683
30 Day Avg. Volume112,753
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)3.80
Price to Sales (P/S)0.00
P/FCF Ratio-3.33
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
Castle Minerals Limited Business Overview & Revenue Model
Company Description
Castle Minerals Limited is an exploration company dedicated to discovering gold and diverse mineral deposits across both West Africa and Australia. Its primary focus encompasses a range of commodities, including lithium, graphite, gold, and variou...
How the Company Makes Money
null...
Castle Minerals Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 64.11K | 30.42K | 409.00 |
| Gross Profit | -630.00 | -167.00 | -6.21K | 64.11K | -19.98K | -28.19K |
| EBITDA | -4.17M | -3.22M | -3.66M | -2.86M | -5.57M | -2.13M |
| Net Income | -4.17M | -3.23M | -3.67M | -2.88M | -5.62M | -2.16M |
Balance Sheet | ||||||
| Total Assets | 3.89M | 3.43M | 2.60M | 1.11M | 2.88M | 4.98M |
| Cash, Cash Equivalents and Short-Term Investments | 2.96M | 1.62M | 2.50M | 1.02M | 2.70M | 4.76M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20.55K |
| Total Liabilities | 267.89K | 450.65K | 1.23M | 595.62K | 846.53K | 228.72K |
| Stockholders Equity | 3.62M | 2.98M | 1.37M | 510.72K | 2.03M | 4.75M |
Cash Flow | ||||||
| Free Cash Flow | -3.91M | -3.40M | -2.83M | -3.01M | -4.40M | -2.35M |
| Operating Cash Flow | -3.91M | -3.40M | -2.83M | -3.01M | -4.40M | -2.22M |
| Investing Cash Flow | -99.78K | -283.25K | 35.22K | 2.11M | -2.00M | -7.47K |
| Financing Cash Flow | 5.77M | 2.82M | 4.27M | 1.24M | 2.33M | 5.19M |
Castle Minerals Limited Technical Analysis
Positive
0.08
Price Trends
0.08
Positive
0.08
Positive
0.07
Positive
Market Momentum
<0.01
Positive
56.54
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDT, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.54 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CDT.
Castle Minerals 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% | |
50 Neutral | AU$17.23M | -3.69 | -97.71% | ― | ― | 62.73% | |
46 Neutral | AU$18.54M | -3.26 | -33.13% | ― | ― | -345.45% | |
45 Neutral | AU$11.90M | -4.87 | -9.75% | ― | ― | 32.76% | |
44 Neutral | AU$12.20M | -1.59 | -108.20% | ― | ― | -18.97% | |
43 Neutral | AU$9.93M | 21.33 | -5.72% | 7.14% | ― | ― | |
40 Underperform | AU$8.52M | -1.85 | -201.09% | ― | ― | 41.73% |
* Basic Materials Sector Average
AU:CDT
Castle Minerals Limited
0.08
0.01
19.40%
AU:RMX
Red Mountain Mining Ltd
0.01
-0.02
-63.33%
AU:SNG
Siren Gold Ltd
0.03
-0.09
-74.40%
AU:RR1
Reach Resources Limited
0.01
<0.01
16.67%
AU:KAL
Kalgoorlie Gold Mining Limited
0.02
-0.04
-68.33%
AU:FG1
Flynn Gold Ltd.
0.02
>-0.01
-34.78%
Castle Minerals Limited Corporate Events
Castle Minerals details 2026 corporate structure and governance
Sep 29, 2026
Castle Minerals Limited has released its Annual Report for 2026, highlighting its governance framework led by a non-executive chairman and managing director, and supported by a dedicated company secretary. The report underscores the company’...
Castle Minerals Uncovers New Drill-Ready Gold Targets at Nielle
Sep 24, 2026
Castle Minerals has completed a detailed review of more than US$3 million of historical exploration data at its Nielle Gold Project in Côte d’Ivoire, defining six ranked gold targets across the 212km² permit area. The work shows th...
Castle Minerals Calls Extraordinary General Meeting, Emphasises Digital Proxy Voting
Sep 18, 2026
Castle Minerals Limited has called an extraordinary general meeting of shareholders to be held on 19 October 2026 in Perth, with all resolutions to be decided by poll in line with ASX guidelines and the Corporations Act. The company is encouraging...
Castle Minerals boosts funding with 38.2m-share placement
Sep 7, 2026
Castle Minerals Limited has strengthened its capital base with the issuance of 38.2 million new ordinary shares at $0.075 each to sophisticated and professional investors, under a placement announced in late August. The company confirmed complianc...
Castle Minerals Seeks ASX Quotation for 38.2 Million New Shares
Sep 7, 2026
Castle Minerals Limited has applied to the ASX for quotation of 38,200,000 ordinary fully paid shares, with an issue date of 7 September 2026. The additional securities, issued as part of previously announced transactions, will expand the company&...
Castle Minerals Plans Share Placement to Raise Capital for Exploration
Aug 28, 2026
Castle Minerals Limited, the ASX-listed exploration company, has announced a proposed issue of ordinary fully paid shares to support its ongoing activities. The company continues to leverage equity placements as a core funding mechanism for advanc...
Castle Minerals Requests Trading Halt Ahead of Capital Raising Announcement
Aug 26, 2026
Castle Minerals Limited has requested a trading halt in its shares on the ASX from the start of trading on 26 August 2026. The halt is expected to remain in place until either the planned announcement is released or normal trading commences on 28 ...
Castle Minerals director lifts indirect shareholding via on-market trade
Aug 7, 2026
Castle Minerals Limited has reported a change in the indirect interests of director Steven Zaninovich following an on-market trade. The transaction saw an associate, Sofia Zaninovich, acquire 230,000 ordinary shares in the company for a total cons...
Castle Minerals pivots to flagship Côte d’Ivoire gold project and expands WA footprint
Jul 31, 2026
Castle Minerals reported a transformational June quarter marked by the acquisition of rights to earn a 90% interest in the high-grade Nielle Gold Project in northern Côte d’Ivoire, positioning it as the company’s flagship asset. N...
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.