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Cazaly Resources Limited (AU:CAZ)
ASX:CAZ
Australian Market
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Cazaly Resources Limited (CAZ) AI Stock Analysis

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AU:CAZ

Cazaly Resources Limited

(Sydney:CAZ)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
AU$0.02
▼(-15.00% Downside)
Action:Reiterated
Date:06/20/26
The score is held down primarily by persistent losses and ongoing cash burn despite a low-debt balance sheet. Technicals also remain weak with the price below key long-term moving averages and negative MACD. Valuation provides limited support because the company is loss-making and no dividend yield is indicated.
Positive Factors
Low leverage
Near-zero debt materially lowers solvency and interest burden, giving the company financial flexibility through long exploration cycles. Low leverage reduces bankruptcy risk and allows management to prioritise asset work or monetisation without servicing significant debt, aiding durability.
Negative Factors
Persistent cash burn
Sustained negative operating and free cash flow indicates chronic cash burn requiring external funding. Over the medium term this forces repeated equity raises or asset sales, raising dilution and execution risk, and constrains the pace and scale of exploration and project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Near-zero debt materially lowers solvency and interest burden, giving the company financial flexibility through long exploration cycles. Low leverage reduces bankruptcy risk and allows management to prioritise asset work or monetisation without servicing significant debt, aiding durability.
Read all positive factors

Cazaly Resources Limited (CAZ) vs. iShares MSCI Australia ETF (EWA)

Cazaly Resources Limited Business Overview & Revenue Model

Company Description
Cazaly Resources Limited is an Australian enterprise dedicated to the diverse exploration and development of mineral resources. The company's primary focus lies in prospecting for valuable deposits of nickel, graphite, gold, copper, iron ore, and ...
How the Company Makes Money
Cazaly Resources’ earnings model is primarily driven by creating value from mineral exploration projects rather than ongoing sales of mined commodities. Revenue (when generated) typically comes from transactions and agreements relating to its expl...

Cazaly Resources Limited Financial Statement Overview

Summary
Operating performance is weak with declining revenue and large net losses in 2022–2025 (especially severe in 2025), alongside consistently negative operating and free cash flow. The key offset is a low-leverage balance sheet (very low debt-to-equity), but equity has declined and returns on equity are negative, reflecting ongoing value erosion.
Income Statement
24
Negative
Balance Sheet
67
Positive
Cash Flow
18
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue129.63K287.31K297.47K308.96K220.82K215.71K
Gross Profit79.94K287.31K297.47K228.91K138.12K137.81K
EBITDA-1.18M-709.78K-776.76K-2.04M-1.65M806.36K
Net Income-3.14M-5.81M-891.45K-2.12M-1.74M716.76K
Balance Sheet
Total Assets13.44M10.43M16.13M14.33M16.35M17.74M
Cash, Cash Equivalents and Short-Term Investments4.87M2.87M5.03M3.82M6.90M9.59M
Total Debt62.07K113.31K208.51K7.05K88.71K162.43K
Total Liabilities340.18K496.49K391.51K296.67K414.12K427.82K
Stockholders Equity13.13M9.95M15.76M14.05M15.95M17.33M
Cash Flow
Free Cash Flow-1.57M-2.46M-3.35M-3.97M-2.56M-2.66M
Operating Cash Flow-1.07M-931.57K-1.14M-773.68K-820.30K-967.82K
Investing Cash Flow-1.06M-1.24M489.10K-2.83M-1.87M-291.60K
Financing Cash Flow3.15M0.001.87M0.00767.55K767.55K

Cazaly Resources Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
38.39
Neutral
STOCH
86.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CAZ, the sentiment is Negative. The current price of 0.02 is equal to the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 38.39 is Neutral, neither overbought nor oversold. The STOCH value of 86.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CAZ.

Cazaly Resources 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
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
53
Neutral
AU$9.77M2.0234.93%
44
Neutral
AU$11.19M-2.73-27.21%16.05%
44
Neutral
AU$8.04M-5.71-5.53%-7.41%
43
Neutral
AU$11.36M-0.34-328.72%-189.10%
42
Neutral
AU$14.60M-13.33-51.58%56.45%
41
Neutral
AU$10.01M-2.79-20.54%-7.64%28.93%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CAZ
Cazaly Resources Limited
0.02
>-0.01
-5.00%
AU:RAG
Ragnar Metals Limited
0.02
<0.01
11.11%
AU:VR8
Vanadium Resources Ltd.
0.01
-0.03
-70.00%
AU:REE
RareX Limited
0.01
>-0.01
-40.00%
AU:IG6
International Graphite Limited
0.04
-0.02
-31.58%
AU:EG1
Evergreen Lithium Ltd.
0.03
>-0.01
-13.33%

Cazaly Resources Limited Corporate Events

Cazaly completes maiden drilling at Hastings prospect in WA goldfields
Jul 29, 2026
Cazaly Resources has completed a maiden aircore drilling campaign at the Hastings gold prospect within its Goongarrie Gold Project, finishing 50 holes for 3,512m across 2.1km of the Bardoc Tectonic Zone. The program systematically tested gold mine...
Cazaly Resources Confirms High-Grade Gold at Goongarrie and Advances Namibian Copper-REE Exploration
Jul 27, 2026
Cazaly Resources reported a strong June 2026 quarter marked by high-grade gold results from reverse circulation drilling at the Duke of York and Duchess prospects within its Goongarrie Gold Project in Western Australia. Assays confirmed multiple h...
Cazaly Launches Aircore Drilling at Hastings Prospect in Eastern Goldfields
Jul 13, 2026
Cazaly Resources has commenced a ~3,000&#8209;metre aircore drilling program at the Hastings gold prospect within its Goongarrie Gold Project, about 90km north of Kalgoorlie in Western Australia. The campaign aims to test 2.6km of strike along the...
Cazaly starts groundwork for maiden drilling at Hastings gold prospect
Jul 9, 2026
Cazaly Resources has begun on-ground preparations for its maiden aircore drilling program at the Hastings gold prospect, part of the Goongarrie Gold Project north of Kalgoorlie. The work includes line clearing and access establishment to support a...
Cazaly sharpens drilling plans with high-res survey over Namibia’s Cadix anomaly
Jul 5, 2026
Cazaly Resources has commissioned a high-resolution drone aeromagnetic survey over three priority magnetic targets at its Abenab North project in Namibia, centred on the untested Cadix anomaly, an 800m-diameter magnetic feature believed to represe...
Cazaly Director Clive Jones Increases Indirect Shareholding via On-Market Trades
Jun 29, 2026
Cazaly Resources has reported a change in the shareholding of director Clive Bruce Jones, reflecting an increase in his indirect interest in the company. Through entities in which he holds a relevant interest, Jones acquired 500,000 fully paid ord...
Cazaly Refines Drill Targets After Gravity Survey at Sir Laurence Gold Prospect
Jun 9, 2026
Cazaly Resources has completed a high-resolution ground gravity survey and gravity imaging over the Sir Laurence gold prospect at Lake Goongarrie, part of its Goongarrie Gold Project in Western Australia&#8217;s Eastern Goldfields. The 3.3km by 3....
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: Jun 20, 2026