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Cazaly Resources Limited (AU:CAZ)
ASX:CAZ
Australian Market

Cazaly Resources Limited (CAZ) AI Stock Analysis

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AU

Cazaly Resources Limited

(Sydney:CAZ)

Rating:55Neutral
Price Target:
Cazaly Resources Limited shows a mixed picture with financial challenges due to negative margins and cash flows, yet benefits from a strong balance sheet. Technical indicators suggest positive momentum, though valuation metrics reveal concerns due to a negative P/E ratio. The stock's strengths in equity and technical momentum offset some of the financial weaknesses, resulting in a moderate overall score.

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

Cazaly Resources Limited Business Overview & Revenue Model

Company DescriptionCazaly Resources Limited operates as a diversified mineral exploration and resource development company in Australia. The company primarily explores for nickel, graphite, gold, copper, iron ore, and cobalt deposits. It holds interests in the Halls Creek Copper, Ashburton, Vanrock polymetallic, Yabby, Kaoko Kobalt, McKenzie Springs, and Mount Venn projects. The company was incorporated in 2002 and is based in West Perth, Australia.
How the Company Makes MoneyCazaly Resources Limited generates revenue primarily through the exploration and development of mineral projects. The company seeks to discover economically viable mineral deposits, which can then be advanced through exploration and feasibility studies. Once a project reaches a certain level of development, Cazaly may choose to sell or joint venture the project with larger mining companies, generating income through the sale of assets or earning royalties and milestone payments. Additionally, the company may engage in direct mining operations if the project is deemed feasible, thereby generating revenue from the sale of extracted minerals. Key factors contributing to its earnings include successful exploration outcomes, favorable commodity prices, and strategic partnerships with other mining companies to optimize project development and reduce financial risk.

Cazaly Resources Limited Financial Statement Overview

Summary
Cazaly Resources Limited faces challenges in revenue growth and profitability, as evidenced by negative profit margins and persistent losses. The strong equity position with low leverage provides financial stability. Cash flow management needs improvement due to negative free cash flows, but there are signs of better cash handling in recent periods.
Income Statement
40
Negative
Cazaly Resources Limited has exhibited inconsistent revenue performance with a decline in revenue from the previous year, leading to negative net profit margins. The company has faced persistent losses, as indicated by negative EBIT and EBITDA margins, which affect profitability. Despite these challenges, there was a slight increase in gross profit margin, which is a positive sign.
Balance Sheet
65
Positive
The company maintains a strong equity base with a low debt-to-equity ratio, indicating conservative leverage. The equity ratio is high, reflecting a solid capital structure. Despite these strengths, Cazaly Resources has seen fluctuations in total assets and equity over the years, which could pose potential stability risks.
Cash Flow
50
Neutral
Cazaly Resources Limited has experienced negative free cash flow growth, indicating challenges in generating cash from operations. However, the operating cash flow to net income ratio shows improvement compared to previous periods, suggesting better cash management. The need for external financing is evident due to negative operating and free cash flows.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
327.87K297.47K308.96K220.82K215.71K311.81K
Gross Profit
327.87K297.47K228.91K138.12K137.81K297.41K
EBIT
-581.63K-854.48K-1.40M-1.56M-1.35M-2.34M
EBITDA
-596.68K-776.76K-2.04M-1.65M806.36K1.89M
Net Income Common Stockholders
-3.74M-891.45K-2.12M-1.74M716.76K1.72M
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.84M5.03M3.82M6.90M9.59M10.09M
Total Assets
13.40M16.13M14.33M16.35M17.74M16.27M
Total Debt
161.75K208.51K7.05K88.71K162.43K222.34K
Net Debt
-3.68M-4.82M-3.81M-6.81M-9.43M-9.86M
Total Liabilities
396.03K391.51K296.67K414.12K427.82K511.57K
Stockholders Equity
13.03M15.76M14.05M15.95M17.33M15.78M
Cash FlowFree Cash Flow
-2.56M-3.35M-3.97M-2.56M-2.66M-2.67M
Operating Cash Flow
-912.68K-1.14M-773.68K-820.30K-967.82K-1.71M
Investing Cash Flow
-118.89K489.10K-2.83M-1.87M-291.60K19.14M
Financing Cash Flow
-94.00K1.87M0.00767.55K767.55K-8.18M

Cazaly Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.02
Price Trends
50DMA
0.02
Positive
100DMA
0.01
Positive
200DMA
0.01
Positive
Market Momentum
MACD
<0.01
Positive
RSI
56.70
Neutral
STOCH
250.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CAZ, the sentiment is Positive. The current price of 0.02 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 0.01, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.70 is Neutral, neither overbought nor oversold. The STOCH value of 250.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CAZ.

Cazaly Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCAZ
55
Neutral
AU$7.38M-25.02%-285.71%
50
Neutral
$2.00B-1.13-21.16%3.71%2.15%-30.95%
$56.63M-15.37%
$21.17M-20.67%
AUGBR
50
Neutral
AU$49.43M-57.60%-300.00%
AUGWR
47
Neutral
AU$31.39M1.5517.20%
AURWD
AU$13.36M-251.41%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CAZ
Cazaly Resources Limited
0.02
0.00
0.00%
ARRRF
Ardea Resources
0.28
-0.14
-33.33%
TLSMF
Talisman Mining Limited
0.10
0.00
0.00%
AU:GBR
Great Boulder Resources Ltd
0.07
0.01
16.67%
AU:GWR
GWR Group Limited
0.10
0.00
0.00%
AU:RWD
Reward Minerals Limited
0.05
0.03
150.00%

Cazaly Resources Limited Corporate Events

Cazaly Resources Corrects Quarterly Financial Report
May 1, 2025

Cazaly Resources Limited announced a correction to their quarterly activities report and cash flow statement for March 2025, initially filed with an error including the December 2024 Appendix 5B. The corrected document ensures accurate financial reporting, which is crucial for maintaining stakeholder trust and compliance with ASX listing rules.

Cazaly Resources Expands Gold Exploration with Goongarrie Project Stake
Apr 30, 2025

Cazaly Resources Limited has entered into a binding agreement with Brightstar Resources Limited to earn up to an 80% interest in the Goongarrie Gold Project, located in the Kalgoorlie-Menzies district. The project, which covers a significant portion of the Bardoc Tectonic Zone, is known for its rich gold mineralization. Cazaly plans to invest $3 million in exploration over the next 18 months to increase its stake in the project. This strategic move is expected to enhance Cazaly’s position in the gold mining sector and potentially increase its resource base, benefiting stakeholders by expanding its exploration footprint in a prolific gold-producing region.

Cazaly Resources to Commence Drilling at Goongarrie Gold Project
Apr 16, 2025

Cazaly Resources Limited has announced plans for initial aircore (AC) and reverse circulation (RC) drilling at the Duke of York gold prospect within the Goongarrie Gold Project in Western Australia. The company aims to explore potential gold mineralization in the Bardoc Tectonic Zone, with drilling approvals currently in progress. This initiative highlights Cazaly’s strategic efforts to capitalize on historic data and expand its gold exploration footprint, potentially enhancing its industry positioning and offering new opportunities for stakeholders.

Cazaly Resources Limited Releases Half-Year Financial Report
Mar 12, 2025

Cazaly Resources Limited has released its consolidated half-year financial report for the period ending December 31, 2024. The report includes key financial statements such as the statement of profit or loss, financial position, cash flow, and changes in equity, providing insights into the company’s financial health and operational performance.

Sarama Resources Expands in Laverton Gold District with Mt Venn Acquisition
Feb 26, 2025

Sarama Resources Ltd., a company involved in gold exploration, has executed a binding agreement to acquire a majority interest in the Mt Venn Gold Project located in the Eastern Goldfields of Western Australia. This acquisition, along with their recent purchase of the Cosmo Project, consolidates Sarama’s position in the Laverton Gold District, creating a significant 1,000km² exploration area. The Mt Venn Project, known for its historical gold discoveries and potential for base metals, is strategically positioned near existing gold mines and infrastructure, enhancing Sarama’s prospects for economic discoveries.

Cazaly Resources Unveils Major Gold Project in Goldfields
Feb 26, 2025

Cazaly Resources Limited has announced a major new gold project located in the Goldfields region. The announcement emphasizes the reliability of historical exploration data and confirms that there are no new material changes affecting the project’s data. This development could potentially enhance Cazaly’s position in the mining industry, offering significant opportunities for stakeholders involved.

Cazaly Resources Announces Investor Webinar on Goongarrie Gold Project
Feb 25, 2025

Cazaly Resources Limited announced an investor webinar to discuss its recent joint venture for the Goongarrie Gold project in Western Australia. The event will feature Managing Director Tara French, who will provide details on the acquisition and engage in a Q&A session, highlighting the company’s strategic moves in the gold mining sector.

Cazaly Resources Updates on Joint Venture for WA Gold Project
Feb 20, 2025

Cazaly Resources Limited has announced an updated version of its joint venture agreement over an advanced gold project in Western Australia, which includes additional documentation and compliance statements regarding historical exploration data. While the company has not independently validated these historical results, they believe the information represents a reliable depiction of the project’s data and confirms no new relevant data has emerged that would affect the initial announcement.

Brightstar Partners with Cazaly to Advance Goongarrie Gold Project
Feb 11, 2025

Brightstar Resources Limited has entered into a binding agreement with Cazaly Resources Limited, granting Cazaly an option to earn up to an 80% interest in the Goongarrie Gold Project by funding exploration expenses up to $3 million. This partnership allows Brightstar to focus on its core development and mining projects, including ongoing work at the Second Fortune and Fish underground projects, while maintaining exposure to exploration success through the joint venture. The collaboration is part of Brightstar’s strategy to enhance and expand its mineral resources across its project areas in the Eastern Goldfields and Murchison regions.

Cazaly Resources Secures Major Stake in Goongarrie Gold Project
Feb 11, 2025

Cazaly Resources Limited has announced a joint venture with Brightstar Resources to earn up to 80% interest in the Goongarrie Gold Project located in Western Australia’s Kalgoorlie-Menzies district. This strategic move positions Cazaly to explore significant gold resources in a region known for world-class deposits, with plans to invest $3 million into exploration. The agreement comes at a favorable time with high gold prices, and Cazaly aims to maximize shareholder value through this venture.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.