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M96 Stock Chart & Stats
AU$0.01
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.01
AU$0.00(0.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.02
Previous CloseN/A
VolumeN/A
Average Volume (3M)0.00
Market Cap
AU$18.02M
Enterprise ValueAU$14.97M
Total Cash (Recent Filing)AU$932.96K
Total Debt (Recent Filing)AU$2.56K
Price to Earnings (P/E)―
Beta-1.50
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,802,106,400
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.37
Price to Sales (P/S)204.80
P/FCF Ratio-1.08
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
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageExtremely low debt reduces near-term financial risk and preserves optionality for an exploration company. That conservative leverage gives management flexibility to raise capital or pursue project opportunities without heavy interest burdens, aiding survival through exploration cycles.
Improving Cash Burn TrendYear-over-year improvement in cash burn indicates management is controlling costs and extending runway. While FCF remains negative, a clear improvement trend reduces immediate refinancing pressure and supports continuation of exploration programs over the coming months.
Lean Operating StructureA very small headcount keeps fixed overhead low, which is structurally helpful for a junior explorer with irregular revenues. Low staffing reduces ongoing cash requirements and allows more of incremental funding to be directed to exploration and project advancement rather than SG&A.
Bears Say
Extremely Low Revenue BaseRevenue is effectively negligible, making margins and operating leverage meaningless; the business lacks recurring commercial cash inflows. This tiny sales base leaves profitability highly unstable and prevents internal funding of operations or capital projects over the medium term.
Persistent Negative Cash FlowConsistent negative operating and free cash flow forces reliance on external financing to sustain exploration and working capital. This creates dilution and refinancing risk, and constrains the company's ability to execute multi-year development programs without raising additional capital.
Eroding Equity And Negative ROEOngoing losses have reduced shareholder equity and produced negative returns on equity, weakening the capital base. A shrinking equity buffer limits borrowing capacity and reduces financial resilience, making it harder to fund exploration or withstand prolonged commodity cycles.
M96 FAQ
What was Corella Resources Ltd’s price range in the past 12 months?
Corella Resources Ltd lowest share price was <AU$0.01 and its highest was AU$0.02 in the past 12 months.
What is Corella Resources Ltd’s market cap?
Corella Resources Ltd’s market cap is AU$18.02M.
When is Corella Resources Ltd’s upcoming earnings report date?
Corella Resources Ltd’s upcoming earnings report date is Sep 24, 2026 which is in 84 days.
How were Corella Resources Ltd’s earnings last quarter?
Currently, no data Available
Is Corella Resources Ltd overvalued?
According to Wall Street analysts Corella Resources Ltd’s price is currently Overvalued.
Does Corella Resources Ltd pay dividends?
Corella Resources Ltd does not currently pay dividends.
What is Corella Resources Ltd’s EPS estimate?
Corella Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Corella Resources Ltd have?
Corella Resources Ltd has 1,802,106,400 shares outstanding.
What happened to Corella Resources Ltd’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Corella Resources Ltd?
Currently, no hedge funds are holding shares in AU:M96
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Corella Resources Ltd Stock Smart Score
Neutral
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Fundamentals
Return on Equity
-23.31%
Trailing 12-Months
Asset Growth
26.79%
Trailing 12-Months
Company Description
Corella Resources Ltd
Corella Resources Ltd is an exploration company primarily focused on silica and various other mineral deposits. Their principal asset is the Tampu Kaolin project, which encompasses three granted exploration licenses spanning approximately 768.03 square kilometers northeast of Perth in Western Australia. The company, formerly known as HPAA Pty Ltd, was rebranded as Corella Resources Limited in April 2021. Its corporate headquarters are situated in Subiaco, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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