Caspin Resources Ltd. (CPN) AI Stock Analysis

• Market Cap: AU$9.60M
• Dividend Yield: N/A
• Average Volume (3M): 192.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: N/A
• EPS Growth: 79.78%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 171,366,090
• 10 Day Avg. Volume: 239,396
• 30 Day Avg. Volume: 192,805
• PEG Ratio: 0.63
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.99K
• 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

Caspin Resources Ltd. faces major financial challenges with persistent losses, lack of revenue, and negative cash flows, which are the primary factors driving a low overall score. Although the technical analysis indicates a slight upward trend, the negative P/E ratio and absence of a dividend yield further weigh down the valuation score. The stock's prospects heavily rely on the company's ability to achieve market penetration and improve its financial health.

Caspin Resources Ltd. Business Overview & Revenue Model

Company Description

Caspin Resources Ltd. (CPN) is a mineral exploration company primarily engaged in the discovery and development of mineral resources in Australia. The company focuses on exploring for nickel, copper, and gold deposits, leveraging its strategic land positions in highly prospective geological terrains. Caspin Resources aims to create value through successful exploration and development, contributing to the supply of essential minerals for various industries.

How the Company Makes Money

Caspin Resources Ltd. generates revenue through the exploration and potential development of mineral resources. Its primary revenue streams come from the successful discovery and subsequent sale or joint venture of its mineral projects, particularly in nickel, copper, and gold. The company may enter into partnerships or joint ventures with larger mining companies to fund exploration activities, share technological expertise, or expedite the development of its projects. Additionally, Caspin Resources may earn income through royalties or by selling stakes in its projects to investors or strategic partners. The value creation from its exploration efforts significantly depends on the discovery of economically viable mineral deposits and favorable market conditions for these minerals.

Caspin Resources Ltd. Financial Statement Overview

Summary

Caspin Resources Ltd. faces significant financial challenges characterized by lack of revenue, consistent losses, and negative cash flows. Although the company maintains a solid equity base with low debt levels, the inability to generate revenue and positive cash flow are major concerns. Future prospects heavily depend on the company’s ability to achieve market penetration and improve operational efficiency.

Income Statement

Caspin Resources Ltd. shows persistent losses with negative EBIT and net income over the years. The company has zero revenue, indicating challenges in generating sales. The net profit margin is negative, and there is no revenue growth, reflecting a lack of market penetration or product commercialization.

Balance Sheet

The company maintains a positive equity position, with a high equity ratio, suggesting a solid capital base. However, the lack of revenue and ongoing losses raise concerns about long-term viability. The debt-to-equity ratio is low, indicating less reliance on debt financing, which is a positive aspect for financial stability.

Cash Flow

Negative operating cash flows highlight ongoing operational challenges. The absence of positive free cash flow growth and high free cash flow to net income ratio reflect difficulties in generating cash from operations. Financing cash flows have been positive, indicating reliance on external funding.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-43.53K	-87.13K	-86.78K	-55.31K	0.00
	EBIT
-872.60K	-2.84M	-11.54M	-6.43M	-2.14M
	EBITDA
-690.85K	-2.43M	-11.10M	-6.37M	-63.64K
	Net Income Common Stockholders
-734.37K	-2.52M	-11.19M	-6.43M	-2.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.44M	1.42M	4.13M	8.94M	5.75M
	Total Assets
1.64M	1.64M	4.62M	9.40M	9.89M
	Total Debt
46.86K	46.86K	125.69K	201.94K	0.00
	Net Debt
-1.37M	-1.37M	-4.00M	-8.74M	-5.75M
	Total Liabilities
190.21K	190.21K	1.26M	605.35K	173.47K
	Stockholders Equity
1.45M	1.45M	3.36M	8.79M	9.59M
Cash Flow		Free Cash Flow
―	-2.91M	-10.26M	-5.90M	-3.43M
	Operating Cash Flow
―	-2.91M	-10.25M	-5.86M	-2.12M
	Investing Cash Flow
0.00	0.00	-4.68K	-72.86K	-1.41M
	Financing Cash Flow
1.45M	200.49K	5.44M	9.13M	7.97M

Caspin Resources Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CPN, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 23.65 is Positive, neither overbought nor oversold. The STOCH value of 4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CPN.

Caspin Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NST	78 Outperform	$26.49B	22.43	11.01%	2.69%	25.11%	28.88%
RMS	78 Outperform	$2.96B	8.19	26.42%	3.19%	54.37%	310.22%
RRL	74 Outperform	$3.36B	―	-0.38%	―	29.83%	93.23%
DEG	57 Neutral	$5.92B	―	-0.68%	―	-56.04%	66.07%
Sector *	50 Neutral	$1.98B	-1.08	-21.29%	3.61%	1.96%	-30.59%
CHN	47 Neutral	€420.15M	―	-16.63%	―	―	57.93%
CPN	38 Underperform	AU$9.60M	―	-78.23%	―	―	79.78%

Caspin Resources Ltd. Corporate Events

Caspin Resources Secures $2.1 Million for Bygoo Tin Project Exploration

Caspin Resources Ltd. announced a successful equity raising of $2.1 million to fund ongoing exploration at its Bygoo Tin Project. The capital will support further drilling programs following promising results from initial exploration, indicating high-grade tin mineralization. The funds will also be used for general working capital, with the company’s directors and existing shareholders showing strong support. This financial boost is expected to enhance Caspin’s operational capabilities and strengthen its position in the tin exploration sector.

Caspin Resources Initiates Trading Halt for Capital Raising Announcement

Caspin Resources Limited has requested a trading halt on its securities as it prepares to release an announcement concerning a capital raising. The halt will remain in effect until either the announcement is made or normal trading resumes on 5 May 2025. This move indicates a significant financial maneuver that could impact the company’s market position and stakeholder interests.

Caspin Resources Reports Promising Results from Bygoo Tin Project

Caspin Resources Ltd. has reported outstanding high-grade tin results from its maiden RC drilling campaign at the Bygoo North Prospect, confirming the presence of a large, shallow, high-grade mineralized system with significant potential for expansion. The company is proceeding with follow-up drilling and metallurgical test work to further explore the project’s potential, which could enhance its market position and provide substantial opportunities for stakeholders.

Caspin Resources Resumes Drilling at Bygoo Tin Project

Caspin Resources Limited has announced the resumption of drilling at its Bygoo Tin Project in New South Wales, following successful results from its initial drilling campaign. The new drilling program aims to explore extensions of mineralization, test geochemical and geophysical anomalies, and obtain samples for metallurgical testing, potentially enhancing the company’s resource base and strengthening its position in the tin exploration sector.

Caspin Resources Unveils Promising High-Grade Tin Results at Bygoo North

Caspin Resources Limited has announced further high-grade tin results from its maiden reverse circulation drilling campaign at the Bygoo North Prospect. The results confirm the presence of a large, shallow, high-grade mineralized system with significant potential for scale. The drilling campaign has exceeded expectations, with notable intercepts including 16m at 1.35% Sn and 19m at 0.49% Sn. These findings highlight the prospect’s potential as a significant tin discovery, with plans for follow-up drilling to further explore the mineralized zones.

Caspin Resources Unveils Promising Drilling Results at Bygoo Tin Project

Caspin Resources Limited has announced significant results from its maiden RC drilling campaign at the Bygoo Tin Project, revealing a 100m wide zone of shallow tin mineralization at the Stewarts Lode. These results indicate the potential for a large body of mineralization that is open in all directions, suggesting significant scale potential for the project. The company has also reported high-grade results from the Main Lode, further supporting the project’s potential as a high-grade and large-scale tin resource. These developments could enhance Caspin’s positioning in the tin mining sector, with implications for future exploration and stakeholder interest.

Caspin Resources Presents Exploration Insights at AMEC Investor Briefing

Caspin Resources Ltd has released a presentation for the AMEC Investor Briefing, providing insights into their exploration results and ongoing projects. The company emphasizes the importance of understanding the risks and uncertainties inherent in exploration activities, and the need for stakeholders to consider these factors when evaluating potential investments.

Caspin Resources Announces Cessation of Securities

Caspin Resources Ltd. has announced the cessation of 82,278 performance rights due to the expiry of options or other convertible securities without exercise or conversion. This development affects the company’s issued capital and may influence its financial positioning by reducing potential equity dilution, signaling a focus on optimizing capital structure and shareholder value.

Caspin Resources Begins Drilling at Bygoo Tin Project

Caspin Resources Limited has commenced its maiden RC drilling program at the Bygoo North Prospect, part of its Bygoo Tin Project in New South Wales. This campaign aims to test the continuity and extensions of high-grade tin mineralisation, with previous drilling indicating promising intercepts. The drilling is expected to last two weeks, with results anticipated in March, marking the start of an intensive exploration effort. This development could enhance Caspin’s position in the tin industry and potentially impact stakeholders by boosting resource estimates.