Cosmos Exploration Limited (C1X) AI Stock Analysis

• Market Cap: AU$10.85M
• Dividend Yield: N/A
• Average Volume (3M): 654.60K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.28
• Revenue Growth: N/A
• EPS Growth: 27.23%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.04
• Shares Outstanding: 108,466,600
• 10 Day Avg. Volume: 1,418,119
• 30 Day Avg. Volume: 654,597
• PEG Ratio: 0.05
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.31
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.10 ▲(10.00% Upside)

The score is held down primarily by very weak financial performance (no revenue, widening losses, persistent cash burn, and declining equity), partially offset by relatively strong technical momentum (price above key moving averages and positive MACD). Valuation is also a negative factor due to loss-making earnings and no dividend support.

Positive Factors

Low leverage / minimal debt

Balance sheet shows virtually no debt across 2022–2025, reducing near-term solvency pressure and interest obligations. Low leverage preserves strategic optionality for an exploration junior, allowing time to advance projects or raise equity without immediate debt servicing constraints.

Precious metals industry exposure

As a company classified in 'Other Precious Metals', it has structural exposure to long-term demand for store-of-value commodities. For explorers, favorable macro and commodity cycles can support project economics and improve access to capital over multi-month to multi-year horizons if exploration shows promise.

Improving cash burn in 2025

Free cash outflow narrowed materially year-over-year, indicating reduced cash burn. Sustained improvement in cash consumption can extend operational runway, reduce near-term external funding needs, and reflect better cost control or scaled activity, supporting execution over the coming months.

Negative Factors

No operating revenue

The company reports no revenue for 2021–2025, meaning no operating income base to fund activities. Long-term viability depends on successful resource discovery or asset monetization; until then the firm must rely on external financing, raising execution and commercialization risk.

Widening losses and shrinking equity

Net losses expanded to roughly -4.4m in 2025 and equity has been materially eroded. A shrinking capital base reduces financial flexibility, increases the likelihood of dilutive recapitalizations, and signals persistent inability to generate shareholder returns absent a definitive change in operations or assets.

Persistent negative cash generation

Operating and free cash flow have been negative in each year shown, demonstrating ongoing cash burn. Persistent negative cash generation necessitates repeated external funding, elevates dilution and financing risk, and constrains the company's ability to invest meaningfully in exploration or development.

Cosmos Exploration Limited Business Overview & Revenue Model

Company Description

Cosmos Exploration Limited, a mineral exploration company, engages in the acquisition, exploration, and development of mineral resource projects in Australia. The company primarily focuses to explore for gold, nickel, copper, and platinum group elements deposits. It owns a 100% interest in the Byro East project located near north-west of Geraldton, Western Australia; and 75% interest Orange East project located in New South Wales. The company was incorporated in 2021 and is headquartered in Subiaco, Australia.

How the Company Makes Money

Cosmos Exploration Limited makes money through its mineral exploration activities by identifying promising mineral deposits that can be developed into profitable mining operations. The company's revenue model involves acquiring exploration licenses or partnerships for mineral-rich properties, conducting geological surveys and drilling programs to assess the viability of these resources, and then either selling these assets to larger mining companies or entering into joint ventures for further development. Significant revenue streams include the sale of exploration rights, joint venture agreements, and potential royalties from mined resources. Partnerships with established mining companies can also provide additional funding and expertise, enhancing their exploration capabilities and contributing to their earnings.

Cosmos Exploration Limited Financial Statement Overview

Summary

Very weak fundamentals: no revenue across 2021–2025, widening net losses (about -0.1m in 2021 to about -4.4m in 2025), and consistently negative operating and free cash flow. Low/no debt reduces near-term leverage risk, but equity has shrunk sharply (about 8.8m in 2023 to about 3.2m in 2025), indicating ongoing dilution/funding pressure risk.

Income Statement

Across 2021–2025 annual reports, the company reports no revenue and consistently negative profitability, with losses widening materially versus earlier years (net loss increased from about -0.1m in 2021 to about -4.4m in 2025). Gross profit is also negative in recent years, indicating ongoing cost burden without an operating revenue base. A modest positive in 2022 was EBITDA briefly turning positive, but it reverted to sizable negative levels thereafter, highlighting weak operating traction.

Balance Sheet

Leverage looks low, with total debt at zero in 2022–2025 (and only ~0.13m in 2021), reducing near-term balance sheet pressure. However, equity has declined sharply from ~8.8m (2023) to ~3.2m (2025), reflecting sustained losses and shrinking capital base. Returns on equity are deeply negative in recent years (e.g., 2025), underscoring that the current capital structure is not generating shareholder value despite low debt.

Cash Flow

Cash generation remains weak, with operating cash flow and free cash flow negative every year shown. There is some improvement in cash burn in 2025 versus 2024 (free cash outflow improved from roughly -2.45m to -1.45m), but the business is still consuming cash and would likely rely on external funding to sustain operations. Free cash flow tracks net loss closely, suggesting limited non-cash offsets and ongoing cash impact from operating losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-27.61K	-27.61K	-31.94K	-20.04K	0.00	0.00
EBITDA	-4.39M	-4.39M	-3.93M	-2.32M	309.57K	-141.88K
Net Income	-4.42M	-4.42M	-3.96M	-2.34M	-1.64M	-142.00K
Balance Sheet
Total Assets	3.36M	3.36M	6.33M	8.97M	5.56M	2.80K
Cash, Cash Equivalents and Short-Term Investments	681.51K	681.51K	695.85K	2.56M	3.34M	0.00
Total Debt	0.00	0.00	0.00	0.00	0.00	126.02K
Total Liabilities	118.17K	118.17K	232.12K	136.61K	326.70K	144.67K
Stockholders Equity	3.24M	3.24M	6.10M	8.83M	5.24M	-141.88K
Cash Flow
Free Cash Flow	-1.45M	-1.45M	-2.45M	-2.79M	-1.20M	-126.02K
Operating Cash Flow	-1.45M	-1.45M	-2.39M	-2.29M	-1.08M	-126.02K
Investing Cash Flow	-150.00K	-150.00K	-55.00K	-499.13K	-348.53K	0.00
Financing Cash Flow	1.58M	1.58M	587.13K	2.01M	4.77M	126.02K

Cosmos Exploration Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:C1X, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.04 is Neutral, neither overbought nor oversold. The STOCH value of 31.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:C1X.

Cosmos Exploration Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
C1X	48 Neutral	AU$10.85M	-1.83	-94.59%	―	―	27.23%
LCL	46 Neutral	AU$8.39M	-12.50	-6.43%	―	―	97.51%
GIB	44 Neutral	AU$11.37M	-10.38	-92.62%	―	―	29.33%
COY	42 Neutral	AU$9.71M	-4.40	-53.65%	―	―	-66.67%

Cosmos Exploration Limited Corporate Events

Cosmos Exploration Denies Undisclosed News Behind Share Price and Volume Move

Cosmos Exploration Limited has responded to an ASX price and volume query by stating it is not aware of any undisclosed information that could explain recent unusual trading in its shares and has no alternative explanation for the market activity. The company affirmed it is fully compliant with ASX Listing Rules, particularly continuous disclosure obligations under Listing Rule 3.1, and confirmed that its response was reviewed and approved by its board, seeking to reassure investors and regulators about the transparency of its market disclosures.

The most recent analyst rating on (AU:C1X) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Cosmos Exploration Limited stock, see the AU:C1X Stock Forecast page.

Cosmos Exploration Limited Successfully Passes All AGM Resolutions

Cosmos Exploration Limited announced that all resolutions were passed at their recent Annual General Meeting. The resolutions included the re-election of a director, approval of a 10% placement facility, and the renewal of an employee securities incentive plan. These approvals are expected to strengthen the company’s governance and operational framework, potentially enhancing its market position and stakeholder confidence.