Cassius Mining Ltd (CMD) AI Stock Analysis

• Market Cap: AU$10.84M
• Dividend Yield: N/A
• Average Volume (3M): 901.31K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.11
• Revenue Growth: N/A
• EPS Growth: -47.06%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 61
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 677,505,600
• 10 Day Avg. Volume: 639,182
• 30 Day Avg. Volume: 901,312
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Cassius Mining Ltd demonstrates significant financial weaknesses, characterized by persistent net losses and negative cash flows. The technical analysis indicates bearish momentum, with the stock trading below key moving averages. Valuation concerns are underscored by a negative P/E ratio and lack of dividend yield. These factors suggest a challenging outlook for the company, necessitating improvements in operational efficiency and revenue generation for better financial health.

Cassius Mining Ltd Business Overview & Revenue Model

Company Description

Cassius Mining Ltd (CMD) is a mining company engaged in the exploration and development of mineral resources. The company primarily focuses on identifying, acquiring, and developing mineral assets with a particular emphasis on gold and other precious metals. CMD operates in various regions with potential mineral deposits, aiming to leverage its expertise in mining operations and resource management to deliver value to its stakeholders.

How the Company Makes Money

Cassius Mining Ltd makes money through the exploration, extraction, and sale of mineral resources. The company's revenue model is centered on identifying and developing mineral-rich properties, conducting mining operations, and selling the extracted minerals, such as gold and other precious metals, in the global market. Key revenue streams include the direct sale of mined minerals to refineries, wholesalers, and other buyers in the commodities market. Additionally, CMD may engage in strategic partnerships or joint ventures with other mining companies to enhance its operational capabilities and expand its market reach. The company's earnings are significantly influenced by factors such as mineral market prices, operational efficiency, and successful exploration outcomes.

Cassius Mining Ltd Financial Statement Overview

Summary

Cassius Mining Ltd faces significant financial challenges with consistent net losses and negative cash flows. While the lack of debt provides some stability, the company struggles with profitability and efficient cash management. Improvement in operational performance and revenue generation is necessary for future financial health.

Income Statement

Cassius Mining Ltd has experienced significant volatility in revenue, with a small increase to $10,113 from $2,615 in the previous year. Despite this, the company remains unprofitable with a net loss of $1,506,649 and negative EBIT and EBITDA margins. Revenue growth has been inconsistent, and the persistent losses indicate challenges in achieving operational efficiency.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of 0.00, indicating no financial leverage. However, the equity ratio has decreased over the years, reflecting potential asset utilization issues. The return on equity is negative, highlighting profitability challenges despite a solid equity base.

Cash Flow

Operating cash flow remains negative at -$1,015,369, reflecting cash outflows from operations. Free cash flow has deteriorated, indicating increased capital expenditure without corresponding revenue growth. The reliance on financing activities to cover deficits poses a risk to long-term sustainability.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
10.11K	2.62K	11.00	104.02K	74.25K
	Gross Profit
10.11K	2.62K	11.00	104.02K	74.25K
	EBIT
-449.19K	-289.25K	-361.90K	-334.49K	-284.80K
	EBITDA
-1.51M	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-1.51M	-783.66K	-361.88K	-230.47K	-10.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
608.86K	1.45M	94.81K	234.69K	98.85K
	Total Assets
3.01M	3.48M	1.52M	1.16M	1.02M
	Total Debt
0.00	0.00	408.00K	0.00	0.00
	Net Debt
-608.86K	-1.45M	313.19K	-234.69K	-98.85K
	Total Liabilities
104.98K	418.58K	596.62K	134.24K	35.01K
	Stockholders Equity
2.90M	3.06M	927.46K	1.03M	983.62K
Cash Flow		Free Cash Flow
-2.17M	-1.15M	-809.07K	-139.16K	-206.33K
	Operating Cash Flow
-1.02M	-88.77K	-303.98K	-139.16K	-206.33K
	Investing Cash Flow
-1.16M	-1.06M	-505.09K	0.00	-199.00K
	Financing Cash Flow
1.33M	2.50M	669.20K	275.00K	156.00K

Cassius Mining Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.95B	-1.32	-21.23%	3.72%	0.87%	-29.37%
GML	47 Neutral	AU$12.26M	4.76	8.76%	―	―	―
CHN	47 Neutral	€435.71M	―	-16.63%	―	―	57.93%
CMD	31 Underperform	AU$10.84M	―	-186.04%	―	―	-47.06%

Cassius Mining Ltd Corporate Events

Cassius Mining Ltd Advances Projects Amidst International Arbitration

Cassius Mining Ltd has made progress in its Soalara Limestone Project in Madagascar by engaging potential mining and offtake partners to advance towards commercial development. The project benefits from a strategic location near a sea port, facilitating cost-effective logistics. Additionally, the company is involved in a joint venture in Saudi Arabia to explore mineral resources under the Vision 2030 initiative. In Ghana, Cassius is pursuing international arbitration against the government for breaches of contract, seeking damages exceeding USD 275 million.

Cassius Mining Ltd Reports Top Shareholders Holding Over 50% of Capital

Cassius Mining Ltd has released a report detailing the top holders of its ordinary fully paid shares, with the top 20 holders collectively owning 51.78% of the company’s total issued capital. This significant concentration of ownership among a few stakeholders could influence the company’s strategic decisions and impact its market positioning.

Cassius Mining Ltd Issues New Shares in Compliance with Corporations Act

Cassius Mining Ltd announced the issuance of 35,461,123 ordinary fully paid shares without a disclosure document under Section 708 of the Corporations Act 2001. This move complies with relevant legal provisions, indicating the company’s adherence to regulatory standards and potentially impacting its financial and operational strategies.

Cassius Mining Ltd Announces Quotation of New Securities

Cassius Mining Ltd has announced the issuance of 35,461,123 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code CMD. This move is part of previously announced transactions and is expected to impact the company’s market positioning by potentially increasing its capital base and enhancing shareholder value.

Cassius Mining Ltd Announces Proposed Securities Issue

Cassius Mining Ltd has announced a proposed issue of 35,461,123 ordinary fully paid securities, with the issue date set for April 17, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its operational capabilities and market positioning within the mining industry.

Cassius Mining Secures $530,000 in New Share Placement

Cassius Mining Limited announced a successful placement to raise approximately $530,000 through the issuance of new shares to sophisticated and professional investors. The funds will be allocated towards advancing the company’s projects in Madagascar, progressing international arbitration in Ghana, exploring new opportunities, and supporting working capital. This strategic financial move is expected to bolster Cassius Mining’s operational capabilities and enhance its positioning in the mining industry.

Cassius Mining Limited’s Top 20 Shareholders Hold Significant Stake

Cassius Mining Limited has released a report detailing the top 20 shareholders of its ordinary fully paid shares, with the largest shareholder, Mr. Peter David Koller, holding 6.07% of the issued capital. The report highlights that the top 20 shareholders collectively own 48.32% of the total issued capital, which is 642,044,495 shares, indicating a significant concentration of ownership that could influence company decisions and strategies.

Cassius Mining Ltd Updates on Ghana Arbitration Proceedings

Cassius Mining Ltd has provided an update on its ongoing international arbitration with the Government of Ghana. The arbitration, which involves a claim of approximately USD 277 million for alleged breaches of contract and statute by Ghana, has seen the replacement of Ghana’s arbitrator and is set to have its final hearing at the Peace Palace in The Hague in June 2026. This development could significantly impact Cassius’s financial position and its relationship with the Ghanaian government.