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Coda Minerals Ltd (AU:COD)
:COD
Australian Market

Coda Minerals Ltd (COD) AI Stock Analysis

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AU

Coda Minerals Ltd

(Sydney:COD)

39Underperform
Coda Minerals Ltd's overall stock score is primarily impacted by its poor financial performance, with ongoing losses and negative cash flows being key concerns. Technical analysis provides some stability, but valuation remains challenging due to negative earnings. The lack of earnings call data and corporate events means these factors do not influence the score.

Coda Minerals Ltd (COD) vs. S&P 500 (SPY)

Coda Minerals Ltd Business Overview & Revenue Model

Company DescriptionCoda Minerals Ltd (COD) is a mineral exploration company primarily focused on the discovery and development of copper, cobalt, and other base metals. The company operates in the mining sector and is engaged in various exploration projects across Australia. Coda Minerals aims to advance its projects through systematic exploration and resource delineation to create value for its shareholders.
How the Company Makes MoneyCoda Minerals Ltd generates revenue primarily through the exploration and potential development of mineral resources. The company aims to discover commercially viable mineral deposits, which can be sold or developed in partnership with other mining entities. Revenue streams include the sale of mineral rights, joint ventures, and potential future production from its mining projects. Coda Minerals may also secure income through strategic partnerships and investments in related mining operations. The company's earnings are significantly influenced by commodity prices, exploration success, and the ability to secure financing for project development.

Coda Minerals Ltd Financial Statement Overview

Summary
Coda Minerals Ltd faces significant operational challenges, with consistently negative EBIT and net income, no revenue generation, and negative cash flows. Although the company maintains a strong equity position, the declining asset base and reliance on financing activities pose financial stability risks.
Income Statement
20
Very Negative
Coda Minerals Ltd has consistently reported negative EBIT and net income over the past years, with no revenue generated, indicating challenges in achieving profitability. The lack of revenue growth and negative profit margins suggest a struggling operational performance.
Balance Sheet
35
Negative
The company's balance sheet shows a strong equity position relative to its liabilities, with a decreasing debt-to-equity ratio, indicating low leverage. However, the persistent negative equity return and declining asset base could pose risks to financial stability.
Cash Flow
25
Negative
Coda Minerals Ltd has consistently negative operating and free cash flow, which highlights difficulties in generating cash from operations. The reliance on financing activities to cover cash shortfalls suggests potential liquidity challenges.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-162.87K-162.46K-147.53K-122.13K-114.60K
EBIT
-4.67M-8.03M-14.20M-6.52M-3.95M
EBITDA
-4.59M-7.58M-14.85M-6.39M-3.81M
Net Income Common Stockholders
-4.57M-7.76M-14.21M-6.52M-3.94M
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.43M4.72M8.18M21.79M13.92M
Total Assets
22.24M23.55M27.60M24.20M15.83M
Total Debt
123.98K7.67K98.40K190.05K99.65K
Net Debt
-3.30M-4.71M-8.08M-21.60M-13.82M
Total Liabilities
646.20K858.91K1.72M1.22M455.18K
Stockholders Equity
21.60M22.70M25.88M22.98M15.37M
Cash FlowFree Cash Flow
-4.05M-7.52M-14.42M-5.79M-3.87M
Operating Cash Flow
-4.05M-7.51M-14.33M-5.54M-3.80M
Investing Cash Flow
-1.82K281.69K828.95K-239.39K-68.20K
Financing Cash Flow
2.76M3.76M-90.83K23.38M8.04M

Coda Minerals Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.08
Price Trends
50DMA
0.08
Positive
100DMA
0.08
Negative
200DMA
0.08
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
52.84
Neutral
STOCH
147.50
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:COD, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.84 is Neutral, neither overbought nor oversold. The STOCH value of 147.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:COD.

Coda Minerals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUGMD
76
Outperform
AU$4.39B34.2413.01%125.45%
AUSFR
56
Neutral
$4.67B35.215.11%42.05%
49
Neutral
$1.95B-1.27-21.38%3.72%0.83%-29.30%
AUCOD
39
Underperform
AU$19.66M-18.44%45.75%
AUCNB
35
Underperform
AU$62.81M-27.89%55.31%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:COD
Coda Minerals Ltd
0.08
-0.04
-33.33%
AU:SFR
Sandfire Resources Limited
10.17
0.50
5.17%
AU:GMD
Genesis Minerals Limited
3.89
2.18
127.49%
AU:CNB
Carnaby Resources Ltd.
0.28
-0.40
-58.82%

Coda Minerals Ltd Corporate Events

Coda Minerals Advances Elizabeth Creek Project with New Discoveries and Testwork Initiatives
Apr 28, 2025

Coda Minerals Ltd has made significant advancements in its Elizabeth Creek Copper-Cobalt-Silver Project, highlighted by successful exploration drilling at the Emmie East prospect, which identified the first mineralised Tapley Hill Formation outside the main resource area. The company is also progressing with two metallurgical testwork programs aimed at enhancing processing efficiencies and reducing capital expenditures. These developments, along with ongoing environmental and regulatory approvals, position Coda to potentially expand its resource base and strengthen its market position amid a robust demand outlook for critical minerals.

Coda Minerals Releases Investor Presentation with Disclaimers
Apr 10, 2025

Coda Minerals Ltd, a company listed on the Australian Securities Exchange under the ticker ASX COD, has released an investor presentation. The presentation aims to provide general information about the company but does not constitute a financial offer or advice. The document includes disclaimers about forward-looking statements and emphasizes that the information has not been independently verified. Stakeholders are advised to seek independent financial advice before making any investment decisions based on this presentation.

Coda Minerals Appoints New CFO to Strengthen Financial Strategy
Mar 23, 2025

Coda Minerals Limited, a company listed on the ASX under the code COD, has announced the appointment of Chris Burton as its new Chief Financial Officer. Burton, a seasoned chartered accountant with over 27 years of experience, will work part-time, bringing his expertise in financial reporting, risk, and governance to the company. This strategic appointment is expected to enhance Coda Minerals’ financial operations and support its ongoing company strategy.

Coda Minerals Identifies Potential Extensions at Emmie Bluff
Mar 18, 2025

Coda Minerals has completed a four-hole drilling program at the Emmie East and Emmie South-East prospects, revealing potential extensions of copper mineralization beyond the existing Emmie Bluff Resource. The discovery of mineralized Tapley Hill Formation shale outside the current resource boundary suggests opportunities for resource expansion, supported by a strong cash position of $5 million. The company is also exploring new processing methods to reduce project CAPEX and enhance the economics of its copper-cobalt-silver project.

Coda Minerals Reports Strong Half-Year Progress at Elizabeth Creek Project
Feb 27, 2025

Coda Minerals Limited has released its interim financial statements for the half-year ending December 31, 2024, highlighting the progression of its exploration and evaluation activities at the Elizabeth Creek Copper-Cobalt Project. The company has consolidated its ownership of the project and updated its mineral resource estimates, showing significant copper, cobalt, silver, and zinc resources. The updated scoping study for the project indicates a robust economic outlook with a 16-year mine life, capable of producing substantial amounts of copper and cobalt, and a pre-tax NPV of $1.18 billion, positioning Coda favorably in the mining industry.

Coda Minerals Shares Insights at RIU Explorers Conference
Feb 20, 2025

Coda Minerals Ltd presented at the RIU Explorers Conference, sharing general information about the company’s activities and strategies. The presentation emphasized that it is not an offer or solicitation for investment but rather a communication of the company’s current status and future outlook. The announcement may impact stakeholder perceptions by highlighting the company’s cautious optimism and strategic planning in the mining sector.

Coda Minerals Ltd Announces New Securities Quotation on ASX
Feb 12, 2025

Coda Minerals Ltd has announced the application for quotation of 14,616,234 securities on the Australian Securities Exchange (ASX), with an expiration date of March 28, 2029. This move is part of previously announced transactions, indicating strategic steps by the company to bolster its financial operations and market presence.

Coda Minerals Commences Drilling at Emmie East Prospect
Feb 10, 2025

Coda Minerals Ltd has commenced its drilling operations at the Emmie East copper-cobalt prospect, a strategic area adjacent to the Emmie Bluff deposit. The drilling program, which involves reverse circulation and diamond drilling, aims to explore geophysical targets resembling the successful Emmie Bluff mineralization. This exploration activity is crucial for Coda as it seeks to expand its resource base and strengthen its position in the copper-cobalt market. The company plans to provide regular updates as the drilling progresses, reflecting its commitment to transparency and stakeholder engagement.

Coda Minerals Facilitates Secondary Trading of Options with New Prospectus
Feb 6, 2025

Coda Minerals Ltd has lodged a cleansing prospectus to facilitate the secondary trading of options linked to a follow-on placement previously announced. This action, approved by shareholders, is not part of new fundraising efforts but aims to enhance the liquidity of these options, potentially impacting investor engagement and market positioning.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.