tiprankstipranks
Trending News
More News >
Copper Search Ltd. (AU:ATT)
ASX:ATT
Australian Market

Copper Search Ltd. (ATT) AI Stock Analysis

Compare
4 Followers

Top Page

AU:ATT

Copper Search Ltd.

(Sydney:ATT)

Select Model
Select Model
Select Model
Underperform 36 (OpenAI - 4o)
Rating:36Underperform
Price Target:
Copper Search Ltd. presents a high-risk profile with significant financial challenges. The company is struggling with operational losses, lack of revenue, and negative cash flows, which hampers its financial performance. The technical analysis suggests bearish momentum, while valuation metrics reflect the company's current loss-making situation. Overall, the stock is positioned in a high-risk category due to these factors.
Positive Factors
Exploration Strategy
The acquisition of the Byrock Project and JV agreement with Nimrod Resources align with Copper Search's strategy to build a pipeline of pre-discovery drill targets, potentially leading to significant copper discoveries and enhancing long-term growth prospects.
Strategic Expansion
The strategic expansion into multi-target exploration and new initiatives demonstrates Copper Search's commitment to leveraging geological domains with established profitable mines, potentially improving its market positioning and shareholder value.
Capital Structure Enhancement
The issuance of new shares as part of a project option payment and performance rights exercise strengthens Copper Search's capital structure, providing financial flexibility for future growth and exploration activities.
Negative Factors
Operational Losses
Persistent operational losses indicate financial instability, which can hinder Copper Search's ability to invest in exploration and development, potentially impacting long-term sustainability and growth.
Negative Cash Flow
Negative cash flow growth highlights challenges in generating cash from operations, increasing reliance on external funding and potentially limiting the company's ability to finance future exploration projects independently.
Zero Revenue
The absence of revenue growth suggests a challenging business environment or a prolonged development stage, which may delay profitability and affect investor confidence in the company's long-term viability.

Copper Search Ltd. (ATT) vs. iShares MSCI Australia ETF (EWA)

Copper Search Ltd. Business Overview & Revenue Model

Company DescriptionCopper Search Limited engages in the exploration of minerals exploration tenements located in South Australia. Its flagship project includes the Peake Project that comprises copper-gold deposits covering an area of 5,560 square kilometers located in the Northern Gawler Craton, South Australia. The company was incorporated in 2021 and is based in Magill, Australia.
How the Company Makes MoneyCopper Search Ltd. makes money primarily through the exploration and development of copper mining projects. Its revenue model is based on discovering viable copper deposits and then either selling these deposits to larger mining companies or developing the mines themselves to extract and sell copper. Key revenue streams include the sale of mineral rights, joint ventures with major mining companies, and the eventual sale of extracted copper. The company's earnings are significantly influenced by global copper prices, exploration success rates, and strategic partnerships with industry players who can provide the necessary capital and expertise for mine development.

Copper Search Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Copper Search Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.02
Negative
100DMA
0.03
Negative
200DMA
0.02
Negative
Market Momentum
MACD
<0.01
Negative
RSI
46.91
Neutral
STOCH
36.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ATT, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.91 is Neutral, neither overbought nor oversold. The STOCH value of 36.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ATT.

Copper Search Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
51
Neutral
AU$9.16M-2.87-41.50%-6.38%
51
Neutral
AU$19.36M-4.37-61.72%8.81%
46
Neutral
AU$5.05M-3.49-9.21%54.74%
45
Neutral
AU$8.46M-0.29-93.45%27.01%
43
Neutral
AU$8.75M-2.00-91.16%56.90%
36
Underperform
AU$9.01M-0.74-145.66%34.61%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ATT
Copper Search Ltd.
0.02
>-0.01
-14.29%
AU:AS2
Askari Metals Limited
0.01
<0.01
20.00%
AU:KFM
Kingfisher Mining Ltd.
0.09
0.06
203.33%
AU:MOH
Moho Resources Ltd.
0.01
0.00
0.00%
AU:RCR
Rincon Resources Ltd.
0.02
<0.01
36.36%
AU:BPM
BPM Minerals Ltd.
0.19
0.13
216.67%

Copper Search Ltd. Corporate Events

Altitude Minerals Ends 2025 With Busy Drill Campaigns and Strong 2026 Exploration Pipeline
Dec 21, 2025

Altitude Minerals has capped a “transformational” 2025 by completing three drilling programs and building a strong pipeline of drill-ready targets across its heavy mineral sands, copper-gold, and silver-gold projects in Australia and the US, positioning the company to enter 2026 with defined drill programs and multiple near-term catalysts, including recently reported positive heavy mineral sands results and pending assay outcomes. Key recent work includes drilling and follow-up surveys at its Eromanga Basin heavy mineral sands targets, rotary mud, diamond core and aircore drilling at the Byrock copper-gold porphyry project in New South Wales with assays pending, administrative consolidation and planning at the Theseus project, detailed targeting and a planned 2,500m RC drill program at the Firenze silver-gold project in Nevada, and data compilation at the Boulder Creek gold project in Alaska, collectively indicating an intensifying exploration push that could materially influence the company’s resource pipeline and future growth trajectory.

Altitude Minerals Unveils Promising HMS Drilling Results at Eromanga Basin
Dec 14, 2025

Altitude Minerals Ltd has announced promising results from its initial drilling program at the Nilpinna Tenement, part of the Eromanga Basin HMS Project in South Australia. The program confirmed the presence of heavy mineral sands with significant grades, including valuable heavy minerals like ilmenite and leucoxene, indicating potential for substantial HMS deposits. The findings suggest an unrecognized exploration opportunity in the Eromanga Basin, positioning Altitude Minerals to further explore and define drill targets in 2026, potentially impacting their market position and stakeholder interests.

Altitude Minerals Ltd Begins Drilling at T55 Cu-Au Porphyry Target
Dec 7, 2025

Altitude Minerals Ltd has commenced drilling at the T55 Cu-Au Porphyry Target, part of its Byrock Project in New South Wales. The drilling is supported by an $80,000 grant from the NSW Government’s Critical Minerals and High-Tech Metals Exploration Program, covering 40% of the costs. This initiative is part of Altitude’s strategy to enhance shareholder value through exploration and potential high-quality discoveries. The program is fully funded following a successful $2.5 million placement, and results are expected in early Q1 2026.

Altitude Minerals Ltd Advances Exploration Efforts Across Key Projects
Dec 2, 2025

Altitude Minerals Ltd, operating in the mining industry, has provided an update on its exploration activities across several projects. The company is focusing on heavy mineral sands in South Australia, copper-gold porphyry targets in New South Wales, and silver and gold targets in Nevada, USA. The latest activities include submitting samples for assays, acquiring key tenements, and completing acquisitions. These developments are expected to enhance Altitude Minerals’ exploration capabilities and potentially impact its market positioning by expanding its resource base and refining drill targeting strategies.

Altitude Minerals Ltd Issues Unquoted Securities
Nov 13, 2025

Altitude Minerals Ltd has announced the issuance of unquoted securities, specifically options expiring on July 31, 2027, at an exercise price of $0.034. This issuance involves 79,545,397 securities and is part of previously announced transactions, reflecting the company’s ongoing strategic financial maneuvers.

Altitude Minerals Ltd Announces Significant Share Placement
Nov 13, 2025

Altitude Minerals Ltd, trading on the ASX under the symbol ATT, has announced the issuance of 87,545,943 fully paid ordinary shares through a share placement. This move, conducted without disclosure to investors under certain provisions of the Corporations Act, signifies the company’s compliance with relevant regulatory requirements and reflects its strategic financial maneuvering to potentially enhance its capital structure.

Altitude Minerals Ltd Announces Quotation of New Securities
Nov 13, 2025

Altitude Minerals Ltd has announced the application for quotation of 87,545,943 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, impacting its stakeholders positively.

Altitude Minerals Unveils Strategic Exploration Pipeline
Nov 11, 2025

Altitude Minerals Ltd announced its ‘Pipeline of Targets’ strategy, highlighting ongoing and upcoming exploration programs at key projects. The presentation at the Noosa Mining Conference detailed current drilling activities at the Byrock Copper Gold Project, a completed air-core drill program at the Eromanga Heavy Mineral Sands, and introduced the new Firenze Silver and Gold Project in Nevada. This strategic focus aims to enhance the company’s operational capabilities and market positioning, potentially benefiting stakeholders through increased resource discoveries.

Altitude Minerals Acquires Rimfire’s Cowal Project, Boosting Scandium Focus
Nov 6, 2025

Altitude Minerals, previously known as Copper Search Limited, has exercised its option to acquire Rimfire’s Cowal Project for a total transaction value of $700,000, contingent on achieving specific milestones. This transaction allows Rimfire to concentrate on its scandium exploration efforts, with an upcoming air core drilling program at the Murga Exploration Target, potentially converting it into a scandium mineral resource.

Altitude Minerals Issues Shares for Project Expansion
Nov 5, 2025

Altitude Minerals Ltd, trading on the ASX under the symbol ATT, has issued 14,920,095 fully paid ordinary shares to facilitate project acquisitions. This strategic move, executed without the need for investor disclosure under specific sections of the Corporations Act, underscores the company’s compliance with relevant legal provisions and its proactive approach to expanding its project portfolio.

Altitude Minerals Ltd Announces Director’s Interest Change
Nov 5, 2025

Altitude Minerals Ltd has announced a change in the director’s interest, specifically involving indirect interests held by Duncan Chessell through Lobuje Pty Ltd and Chessarno Pty Ltd. The change involves the acquisition of 4,729,092 performance rights as remuneration, with no securities disposed of, indicating a potential increase in the director’s stake in the company.

Altitude Minerals Expands Portfolio with New Project Acquisitions
Nov 5, 2025

Altitude Minerals Ltd has announced the issuance of new securities following shareholder approval at their 2025 AGM. The shares are being issued as part of the acquisition of the Theseus and Firenze projects, with a total of 14,920,095 ordinary fully paid shares to be quoted on the ASX. This strategic move is expected to enhance Altitude Minerals’ asset portfolio and strengthen its market position.

Altitude Minerals Completes Strategic Project Acquisitions in Australia and USA
Nov 5, 2025

Altitude Minerals Ltd has completed the acquisition of 100% ownership of the Theseus Project in New South Wales, Australia, and the Firenze Project in Nevada, USA. These acquisitions secure promising projects in regions known for world-class mining operations, potentially enhancing Altitude’s market position and offering significant opportunities for growth and development in the mining sector.

Altitude Minerals Ltd Passes All Resolutions at 2025 AGM
Nov 5, 2025

Altitude Minerals Ltd, a company listed on the Australian Securities Exchange (ASX: ATT), announced the successful passage of all resolutions at its 2025 Annual General Meeting. The resolutions, which included the adoption of the remuneration report, re-election of a director, and various share and option issuances, were all approved by poll, indicating strong shareholder support for the company’s strategic initiatives.

Altitude Minerals Expands Exploration Efforts with Strategic Acquisitions
Nov 5, 2025

Altitude Minerals has undergone a strategic transformation, evolving from a single-commodity explorer to a multi-commodity company. The company has reviewed over 50 potential projects and is actively pursuing new exploration opportunities in South Australia, New South Wales, Nevada, and Alaska. Recent developments include completing 114 drill holes in the Eromanga Basin, preparing to drill copper-gold targets in NSW, and acquiring key tenements and projects in Nevada and Alaska. The company’s focus on proven mining districts aims to lay the foundation for major discoveries and shareholder rewards.

Altitude Minerals Ltd Expands Exploration Efforts Across Key International Sites
Nov 2, 2025

Altitude Minerals Ltd, operating under the ASX ticker ATT, is actively engaged in mineral exploration across various international sites, focusing on heavy mineral sands, copper-gold porphyry, silver, and gold targets. The company has outlined its recent and upcoming exploration activities, including drilling and sample collection in South Australia, New South Wales, Nevada, and Alaska. These developments, such as the acquisition of key tenements and the completion of due diligence for projects, are expected to enhance Altitude Minerals’ exploration capabilities and potentially strengthen its position in the mineral exploration industry.

Altitude Minerals Secures $80,000 Grant for T55 Drilling
Oct 23, 2025

Altitude Minerals Ltd has been awarded an $80,000 grant from the NSW Government under the Critical Minerals and High-Tech Metals Exploration Program to drill the T55 Target, a large-scale Cu-Au porphyry. The funding will cover 40% of the drilling costs, with the program fully funded following a recent $2.5 million placement. This initiative is part of Altitude’s strategy to unlock shareholder value through high-quality discoveries, with drilling planned for December 2025, subject to rig availability.

Altitude Minerals Advances Exploration at Firenze Project
Oct 22, 2025

Altitude Minerals Ltd, a company focused on mineral exploration, has commenced fieldwork at the Firenze Silver & Gold Project in Nevada, aiming to advance the project to drill-ready status by early 2026. The project, located in a highly attractive mining jurisdiction, features promising silver and gold mineralization and benefits from proximity to major infrastructure, facilitating accelerated exploration activities.

Altitude Minerals Expands Exploration Portfolio with New Projects and Strategic Rebranding
Oct 21, 2025

Altitude Minerals Ltd has secured the Firenze Silver & Gold Project in Nevada, marking a significant expansion into unexplored high-grade silver and gold veins. The company has also been granted two new tenements in South Australia for heavy mineral sands exploration and has completed extensive drilling and surveys in these areas. Additionally, Altitude has identified high-priority copper-gold porphyry targets in New South Wales and is planning further drilling activities. The company has raised $3 million through placements to fund these initiatives and expects additional funds from a recent placement, pending shareholder approval. A corporate rebranding and strategic shift reflect Altitude’s broader exploration strategy.

Altitude Minerals Ltd Issues New Shares Following Option Exercise
Oct 16, 2025

Altitude Minerals Ltd, listed on the ASX under the ticker ATT, has issued 1,764,706 fully paid ordinary shares following the exercise of options. This move, executed without disclosure to investors under Part 6D.2 of the Corporations Act, indicates the company’s compliance with relevant legal provisions and suggests a strategic effort to enhance its capital structure. The announcement, authorized by the company’s board, reflects Altitude Minerals’ ongoing operational activities and its adherence to regulatory standards.

Altitude Minerals Expands Securities Offering with New ASX Quotation
Oct 16, 2025

Altitude Minerals Ltd has announced a new issuance of 1,764,706 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ATT. This move marks an expansion in the company’s securities offerings, potentially enhancing its market presence and providing additional opportunities for investment stakeholders.

Altitude Minerals Secures Promising Silver & Gold Project in Nevada
Oct 12, 2025

Altitude Minerals Ltd has finalized a Definitive Purchase Agreement and completed due diligence for acquiring the Firenze Silver & Gold Project in Nevada, a highly attractive mining jurisdiction. The project, previously undrilled, shows promising high-grade silver and gold mineralization, with rock chip assays revealing significant potential. The acquisition positions Altitude favorably in the mining sector, with plans to commence exploration activities in early 2026, aiming to discover high-grade epithermal veins similar to successful projects like the Silicon and Merlin deposits.

Altitude Minerals Ltd Issues 500,000 Shares Following Option Exercise
Oct 10, 2025

Altitude Minerals Ltd, listed on the ASX under the ticker ATT, has issued 500,000 fully paid ordinary shares following the exercise of options. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms its compliance with relevant legal provisions, indicating transparency and adherence to regulatory standards.

Altitude Minerals Ltd Announces Quotation of New Securities
Oct 10, 2025

Altitude Minerals Ltd has announced the quotation of 500,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code ATT, effective from October 10, 2025. This move reflects the company’s ongoing efforts to enhance its market presence and provide liquidity options for its stakeholders, potentially impacting its operational dynamics and investor relations.

Altitude Minerals Sees Surge in Trading Following Nevada Project Acquisition
Oct 3, 2025

Altitude Minerals Ltd, trading on the ASX under the symbol ATT, has recently experienced increased trading activity following its announcement of securing a high-grade silver and gold project in Nevada. This acquisition, known as the Firenze Project, has attracted significant investor interest, leading to a $2.5 million share placement. The company attributes the heightened trading volumes to this announcement and the rising market interest in silver assets due to increasing silver prices.

Altitude Minerals Ltd Announces 2025 AGM Details
Oct 2, 2025

Altitude Minerals Ltd, listed on the ASX under the ticker ATT, has announced the details of its upcoming Annual General Meeting (AGM) for shareholders. The meeting is scheduled for November 5, 2025, at 11:00 am ACDT at the offices of Grant Thornton Australia Limited in Adelaide, South Australia. The company will not be sending hard copies of the meeting notice unless specifically requested by shareholders, with documents available online. This move reflects a shift towards digital communication, potentially reducing costs and increasing accessibility for stakeholders.

Altitude Minerals Advances Drilling Programs Across Key Projects
Oct 1, 2025

Altitude Minerals Ltd., operating in the mining sector, is advancing its exploration activities across multiple projects. The company is making significant progress in its drilling programs in South Australia, New South Wales, and Nevada, USA. In South Australia, the company is nearing completion of a 4,000-meter heavy minerals sands drilling program. In New South Wales, it is preparing for a new drilling program targeting copper-gold porphyry deposits. In Nevada, Altitude has secured an option to purchase the Firenze Silver & Gold Project and is conducting due diligence and geophysical surveys in preparation for drilling in early 2026.

Altitude Minerals Ltd Announces Share Placement
Sep 29, 2025

Altitude Minerals Ltd, listed on the ASX under the ticker ATT, has announced the issuance of 26,090,421 fully paid ordinary shares through a share placement. This strategic move was executed without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act. The share placement is expected to bolster the company’s financial position, potentially impacting its market operations and stakeholder interests positively.

Altitude Minerals Ltd Announces Quotation of New Securities
Sep 29, 2025

Altitude Minerals Ltd has announced the application for quotation of 26,090,421 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a transaction previously announced, and it signifies a strategic step in enhancing the company’s market presence and liquidity.

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 22, 2025