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Shree Minerals Limited (AU:CTN)
:CTN
Australian Market
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Shree Minerals Limited (CTN) AI Stock Analysis

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AU:CTN

Shree Minerals Limited

(Sydney:CTN)

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Neutral 42 (OpenAI - 4o)
Rating:42Neutral
Price Target:
Shree Minerals Limited is currently facing substantial financial difficulties, with negative profitability and cash flow issues as key concerns. The stable equity position and low debt are positives but are overshadowed by stagnant revenue growth and operational inefficiencies. The absence of significant technical indicators adds uncertainty to the stock's potential performance. Overall, strategic improvements are needed to address these challenges and improve the stock's outlook.

Shree Minerals Limited (CTN) vs. iShares MSCI Australia ETF (EWA)

Shree Minerals Limited Business Overview & Revenue Model

Company DescriptionCatalina Resources Ltd explores for, develops, and mines mineral properties in Australia. The company primarily explores for lithium, iron, gold, and base metals. It holds interest in the Nelson Bay River iron project located in Tasmania; Dundas Project; Kookynie West Project; and Lachlan Fold Belt Project. The company was formerly known as Shree Minerals Limited. Catalina Resources Ltd was incorporated in 2008 and is based in Nedlands, Australia.
How the Company Makes MoneyShree Minerals Limited generates revenue through the exploration, development, and eventual production of mineral resources, particularly iron ore. The company earns money by selling extracted minerals to various buyers in the commodities market, including smelters, refineries, and manufacturing entities that require raw materials. Key revenue streams include proceeds from the sale of iron ore as well as potential joint ventures or partnerships with other mining companies that can result in shared profits from collaborative projects. The company's earnings are influenced by factors such as mineral market prices, production costs, and operational efficiencies. Additionally, strategic partnerships and agreements with other companies can provide access to additional resources, technology, or capital, enhancing its profitability.

Shree Minerals Limited Financial Statement Overview

Summary
Shree Minerals Limited faces significant financial challenges, particularly in profitability and cash flow management, with consistent losses and negative cash flows. Despite maintaining a strong equity position and low debt, the company's limited revenue growth and operational inefficiencies present substantial risks. Strategic adjustments are necessary to enhance profitability and stabilize cash flows for future sustainability.
Income Statement
30
Negative
The company exhibits a challenging income statement with substantial negative net income and EBIT margins, indicating operational inefficiencies. Revenue growth is stagnant with no significant improvement over the trailing periods, and the gross profit margin is relatively low. However, the company has shown slight improvement in reducing losses over time.
Balance Sheet
45
Neutral
The balance sheet reflects a relatively stable equity position, with a positive equity ratio of 64.9% in TTM, contributing to financial stability. However, the return on equity is negative due to net losses, and the debt-to-equity ratio is low at 0.004, reflecting minimal leverage risk. The company's asset base is declining, which poses a potential risk to future growth.
Cash Flow
40
Negative
The cash flow statement reveals negative operating and free cash flows, indicating cash outflows exceeding inflows. The operating cash flow to net income ratio is negative, and free cash flow growth is volatile, suggesting potential liquidity issues. Nonetheless, the company maintains a substantial cash reserve, providing some buffer against cash flow challenges.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue135.00K0.0029.89K0.000.00
Gross Profit56.46K-12.20K-61.18K-82.58K-49.24K
EBITDA-441.00K-1.41M155.88K-993.51K-430.40K
Net Income-831.00K-1.43M131.37K-1.02M-453.34K
Balance Sheet
Total Assets6.00M7.09M8.34M5.46M2.09M
Cash, Cash Equivalents and Short-Term Investments2.82M3.57M5.08M3.92M854.15K
Total Debt21.73K32.92K7.03K16.95K6.63K
Total Liabilities943.52K1.20M1.03M911.47K883.87K
Stockholders Equity5.06M5.89M7.32M4.55M1.20M
Cash Flow
Free Cash Flow-737.48K-1.50M-1.47M-876.80K-660.76K
Operating Cash Flow-315.13K-556.00K-491.63K-513.80K-407.21K
Investing Cash Flow-422.35K-941.82K-973.89K-363.00K-253.55K
Financing Cash Flow-13.35K-11.57K2.62M3.95M-9.94K

Shree Minerals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
32.96M-18.23-36.62%4.00%
42
Neutral
$9.70M-42.30%-66.67%
35
Underperform
12.87M-9.0931.25%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CTN
Shree Minerals Limited
AU:BYH
Bryah Resources Ltd.
0.01
0.00
0.00%
AU:SRN
Surefire Resources NL
AU:VML
Vital Metals Ltd
0.23
0.17
283.33%
AU:NAE
New Age Exploration Limited
AU:CAZ
Cazaly Resources Limited
0.03
<0.01
50.00%

Shree Minerals Limited Corporate Events

Shree Minerals Director Increases Stake Through Entitlement Offer
Apr 23, 2025

Shree Minerals Limited has announced a change in the director’s interest, specifically for Martin Bennett, who has acquired an additional 1,000,000 fully paid ordinary shares through participation in the Entitlement Offer. This acquisition increases his total holdings to 6,344,256 shares. The transaction, valued at $2,500, reflects a strategic move by Bennett to strengthen his stake in the company, potentially signaling confidence in the company’s future prospects.

RB Investments Increases Stake in Catalina Resources
Apr 15, 2025

RB Investments Pte Ltd has increased its voting power in Catalina Resources Ltd from 13.86% to 18.76% by participating in a pro rata non-renounceable rights issue. This change reflects a strategic move by RB Investments to strengthen its influence within Catalina Resources, potentially impacting the company’s decision-making and future direction.

Change in Substantial Holding for Shree Minerals’ Stakeholder
Apr 15, 2025

Shree Minerals Limited has announced a change in the substantial holding of Sanjay Kumar Loyalka in Catalina Resources Ltd. The change in interest is due to the allotment of new shares to other parties, which has reduced Loyalka’s voting power from 7.19% to 6.55%. This adjustment in shareholding may impact Loyalka’s influence within the company, potentially affecting decision-making processes and strategic directions.

Catalina Resources Ltd Announces New Securities Quotation
Apr 15, 2025

Catalina Resources Ltd has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to quote 147,497,656 ordinary fully paid securities, which were issued as part of previously announced transactions. This move could potentially impact the company’s market presence and provide new opportunities for stakeholders.

Catalina Resources Completes Entitlement Offer to Bolster Exploration Efforts
Apr 15, 2025

Catalina Resources Limited announced the results of its non-renounceable pro-rata entitlement offer, which aimed to raise approximately $2.27 million. The offer involved issuing new shares to eligible shareholders in Australia, New Zealand, Singapore, and China. The company has accepted applications for 122,914,708 new shares and 24,582,948 free attaching shares, with the shortfall to be addressed by Pareto Capital. This capital raise supports Catalina’s strategic initiatives in mineral exploration and development, potentially enhancing its market position and shareholder value.

Catalina Resources Ltd Announces Upcoming General Meeting
Apr 11, 2025

Catalina Resources Ltd has announced a General Meeting to be held on May 14, 2025, in Nedlands, WA. The company will not send physical copies of the meeting notice unless requested, encouraging shareholders to access documents online. Shareholders are urged to submit proxy forms by May 12, 2025, to ensure participation. This move highlights the company’s shift towards digital communication and efficiency in shareholder engagement.

Catalina Resources Ltd to Hold General Meeting on Share and Option Placements
Apr 11, 2025

Catalina Resources Ltd has announced a General Meeting to be held on May 14, 2025, where shareholders will vote on several resolutions concerning the ratification and approval of share and option placements. The meeting will address the ratification of 200 million shares previously issued under Listing Rules 7.1 and 7.1A, and the approval to issue up to 890 million options to various participants, including key individuals and Alto Capital. These resolutions are significant for the company’s financial strategy and could impact shareholder value and market positioning.

Catalina Resources Announces New Company Secretary
Apr 4, 2025

Catalina Resources Limited has announced a change in its company secretary position, with Mr. Johnathon Busing taking over from Mr. Sanjay Loyalka, who remains the Executive Chairman. This change is expected to streamline communication between the company and the ASX, potentially impacting the company’s operational efficiency and stakeholder engagement.

Shree Minerals Adjusts Stake in Dreadnought Resources
Mar 18, 2025

Shree Minerals Limited has announced a change in its substantial holdings due to a dilution of interest following a capital raising by Dreadnought Resources Limited. This change indicates a shift in the voting securities and the company’s stake in Dreadnought Resources, which could impact its influence and decision-making power within the company.

Catalina Resources Limited Announces Rights Issue to Raise $2.27 Million
Mar 18, 2025

Catalina Resources Limited is conducting a pro rata non-renounceable rights issue, offering one new share for every two existing shares held by eligible shareholders, at an issue price of $0.003 per new share. The offer aims to raise approximately $2,274,392 before costs, with additional free shares available under certain conditions. This initiative is a strategic move to bolster the company’s financial position, though the new shares are considered speculative, indicating potential risks for investors.

Catalina Resources Announces $2.27 Million Equity Raising Initiative
Mar 18, 2025

Catalina Resources Ltd has announced an equity raising initiative through a non-renounceable entitlement offer, aiming to raise approximately $2,274,392. The offer allows eligible shareholders to purchase one new share for every two shares held, with an additional free share for every five new shares applied for. The initiative is not underwritten, and the company will manage any shortfall at its discretion. The impact on company control will depend on investor participation, but if fully subscribed, it is not expected to materially affect shareholder control.

Catalina Resources Ltd Updates Securities Issuance Timetable
Mar 18, 2025

Catalina Resources Ltd has announced an update regarding their proposed issue of securities, which is a non-renounceable pro rata issue. This update involves changes to the timetable of the securities issuance process, reflecting adjustments from a previous announcement made on March 11, 2025. The announcement signifies a strategic move by Catalina Resources Ltd to manage its securities offering, potentially impacting its market operations and investor relations.

Change in Substantial Holding for Sanjay Kumar Loyalka in Catalina Resources Ltd
Mar 18, 2025

Shree Minerals Limited has announced a change in the substantial holding of Sanjay Kumar Loyalka in Catalina Resources Ltd. The voting power of Loyalka has decreased from 8.27% to 7.19% due to the allotment of new shares to other parties. This change reflects a reduction in shareholding percentage, which may impact Loyalka’s influence in the company.

Catalina Resources Completes Share Placement to Boost Exploration Efforts
Mar 18, 2025

Catalina Resources Ltd has completed a placement of 200 million fully paid ordinary shares at $0.0025 each to new wholesale investors, as part of its strategy to raise capital for its mineral exploration and development projects. This move underscores the company’s commitment to advancing its diverse portfolio of projects, which could potentially enhance its market positioning and benefit stakeholders through increased resource development.

Catalina Resources Ltd Applies for Quotation of 200 Million Securities on ASX
Mar 18, 2025

Catalina Resources Ltd has announced the application for the quotation of 200 million ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code CTN. This move follows previous transactions announced to the market and signifies a significant step in the company’s financial strategy, potentially impacting its market presence and stakeholder interests.

Shree Minerals Announces Director Departure
Mar 12, 2025

Shree Minerals Limited has announced the cessation of Michael Busbridge as a director of the company, effective March 11, 2025. The final director’s interest notice indicates that Mr. Busbridge holds no relevant interests in securities or contracts related to the company. This announcement marks a change in the company’s board composition, which may impact its governance and strategic direction.

Catalina Resources Ltd Appoints New Director
Mar 12, 2025

Catalina Resources Ltd has announced the appointment of Ross Cotton as a director, effective March 11, 2025. The initial director’s interest notice reveals that Ross Cotton currently holds no relevant interests in securities, either as a registered holder or otherwise, and has no interests in any contracts. This appointment is a procedural update and does not indicate any immediate changes to the company’s operations or market positioning.

Catalina Resources Ltd Announces Proposed Securities Issue
Mar 11, 2025

Catalina Resources Ltd has announced a proposed issue of securities, specifically 1,150,000,000 unlisted options with an exercise price of $0.005 and an expiry of two years from the date of issue. The proposed issue date is set for May 14, 2025. This move is part of a placement or other type of issue, and the company has provided the necessary information to the ASX for potential quotation of these securities. This announcement could potentially impact the company’s market operations by increasing its available capital, which may be used for further development or expansion projects.

Catalina Resources Ltd Announces Proposed Securities Issue
Mar 11, 2025

Catalina Resources Ltd has announced a proposed issue of up to 910,800,000 ordinary fully paid securities as part of a standard pro rata issue. This non-renounceable offer is set to commence with an ex-date of March 20, 2025, and a record date of March 21, 2025, with the offer closing on April 4, 2025, and the issue date on April 11, 2025. The announcement signifies a strategic move to raise capital, which could impact the company’s financial position and market operations.

Catalina Resources Announces Proposed Issue of 200 Million Securities
Mar 11, 2025

Catalina Resources Ltd has announced a proposed issue of 200,000,000 fully paid ordinary securities, with the issue date set for March 19, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX. The announcement signifies an effort by Catalina Resources to potentially raise capital, which could impact its financial positioning and market operations.

Catalina Resources Secures $2.77M for WA Gold Exploration
Mar 11, 2025

Catalina Resources Limited has successfully secured a $2.77 million funding package to advance exploration at its newly acquired Yerilgee and Evanston gold projects in Western Australia. The funding, which includes a $500,000 placement and a $2.27 million rights issue, strengthens the company’s financial position, enabling it to proceed with field exploration in 2025 and consider additional acquisition opportunities. The company also announced the appointment of Ross Cotton as Executive Director, bringing over 20 years of experience in mining finance and management to support its exploration activities.

Catalina Resources Ltd Releases Interim Financial Report for 2024
Mar 4, 2025

Catalina Resources Ltd has released its interim financial report for the half year ending December 31, 2024. The report includes key financial statements such as the Statement of Profit or Loss, Statement of Financial Position, and Statement of Cash Flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months.

Catalina Resources Reports Promising Drilling Results at Rock Lodge Project
Feb 25, 2025

Catalina Resources Ltd has completed a two-hole diamond drilling program at the Rock Lodge Project in the Lachlan Fold Belt, NSW, revealing significant gold and multi-element mineralization. The drilling results suggest a high-temperature hydrothermal fluid origin, potentially linked to an intrusion at depth, with implications for further exploration and development of the site.

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.Date of analysis: Apr 08, 2025