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Cazaly Resources Limited
(Sydney:CAZ)
Cazaly Resources Limited (CAZ) vs. iShares MSCI Australia ETF (EWA)
Cazaly Resources Limited Business Overview & Revenue Model
Cazaly Resources Limited Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 129.63K | 287.31K | 297.47K | 308.96K | 220.82K | 215.71K |
| Gross Profit | 79.94K | 287.31K | 297.47K | 228.91K | 138.12K | 137.81K |
| EBITDA | -1.18M | -709.78K | -776.76K | -2.04M | -1.65M | 806.36K |
| Net Income | -3.14M | -5.81M | -891.45K | -2.12M | -1.74M | 716.76K |
Balance Sheet | ||||||
| Total Assets | 13.44M | 10.43M | 16.13M | 14.33M | 16.35M | 17.74M |
| Cash, Cash Equivalents and Short-Term Investments | 4.87M | 2.87M | 5.03M | 3.82M | 6.90M | 9.59M |
| Total Debt | 62.07K | 113.31K | 208.51K | 7.05K | 88.71K | 162.43K |
| Total Liabilities | 340.18K | 496.49K | 391.51K | 296.67K | 414.12K | 427.82K |
| Stockholders Equity | 13.13M | 9.95M | 15.76M | 14.05M | 15.95M | 17.33M |
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 | -1.24M | 489.10K | -2.83M | -1.87M | -291.60K |
| Financing Cash Flow | 3.15M | 0.00 | 1.87M | 0.00 | 767.55K | 767.55K |
Cazaly Resources Limited Technical Analysis
Cazaly Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$39.74M | -6.25 | -7.48% | ― | ― | 87.39% | |
45 Neutral | AU$11.07M | -2.76 | -62.84% | ― | ― | -474.07% | |
44 Neutral | AU$12.86M | -3.15 | -380.81% | ― | ― | -32.39% | |
44 Neutral | AU$5.86M | -3.68 | -21.73% | ― | ― | 91.79% | |
43 Neutral | AU$15.68M | -67.88 | -45.16% | ― | ― | -563.16% | |
37 Underperform | AU$8.05M | -3.23 | -26.26% | ― | ― | 78.57% |
Cazaly Resources Limited Corporate Events
Cazaly Resources Limited has issued 3,333,334 fully paid ordinary shares, following shareholder approval in February 2026, and has confirmed that these securities were issued without a prospectus under the disclosure provisions of the Corporations Act. The company has certified its compliance with key financial reporting and continuous disclosure obligations and confirmed there is no excluded information that investors would reasonably expect in a disclosure document, thereby enabling secondary trading of the new shares under the relevant legal exemption.
This notice to the ASX formalises the secondary trading status of the newly issued shares, providing regulatory clarity and assurance to the market about their on-sale. The move streamlines liquidity for holders of the new securities and underscores the company’s adherence to Australian corporate and securities law, which is relevant for current and prospective investors monitoring governance and capital management practices.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources Limited has applied for quotation on the ASX of 3,333,334 new fully paid ordinary shares under the code CAZ, with an issue date of 12 March 2026. The share quotation application, lodged as a new announcement, reflects an increase in the company’s listed securities that may support ongoing funding needs and potentially enhance market liquidity for existing and new shareholders.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources Limited has released its consolidated half-year financial report for the period ended 31 December 2025, covering the performance of the parent company and its controlled entities. The report includes the directors’ report, financial statements, notes, and auditor’s review, providing stakeholders with an interim picture of the group’s financial position and operations.
The structured release underscores the company’s ongoing compliance with reporting obligations and offers investors transparency into its capital, cash flows, and equity changes during the half-year. While headline financial figures are not detailed in the announcement extract, the comprehensive nature of the report signals continued focus on governance and accountability within the resources group.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources has released a presentation outlining general information about its project portfolio and the status of its mineral resource reporting. The company emphasises that the material is a summary only and directs readers to its website and public reports for comprehensive technical details.
The release highlights the role of several independent Competent Persons who have validated resource estimates for assets such as the Bommie porphyry copper deposit and the Mount Angelo North project. It also clarifies that historical exploration data is considered reliable but has not been independently validated by Cazaly, underscoring both regulatory compliance and the limitations on using past results for investment decisions.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources has secured an exclusive prospecting licence over a more than 790 sq km area at Abenab North in northern Namibia’s Otavi Copper Belt, a region that hosts the historic high-grade Tsumeb copper mine and other significant deposits. The ground is considered highly prospective for copper, base metals, rare earths and vanadium, with historic drilling already intersecting substantial rare earth mineralisation and several larger magnetic anomalies still untested.
The project, located near Tsumeb and Grootfontein about 450 km from Namibia’s capital Windhoek, was last systematically explored in 2010 and contains multiple high-priority, walk-up targets. By adding this Namibian copper-REE project to its portfolio, Cazaly is positioning itself in a world-class mining jurisdiction alongside peers such as Midas Minerals, potentially enhancing its growth options and exposure to critical minerals demand.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources has begun a more than 3,000-metre reverse circulation drilling program across its Duke of York, Duchess, and Mason’s Flat prospects at the Goongarrie Gold Project in Western Australia. The campaign aims to test the continuity and depth of previously identified high-grade gold mineralisation over a 600-metre strike, including shallow intercepts up to 10.3 grams per tonne, while also following up high-grade quartz veins at Mason’s Flat.
Preliminary exploration has also started at additional priority targets such as Sir Laurence and the northwestern trend, signalling an active year of drilling, geophysical surveys, and soil sampling. The program underscores Cazaly’s push to firm up potential resources and enhance its position in the goldfields, with assay results expected to guide further work and inform market updates.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources Limited has notified the market of the issue of 18,888,889 unquoted options, each exercisable at $0.045 and expiring on 22 February 2029. The new options, which are not intended to be quoted on the ASX, form part of a previously announced transaction and reflect the company’s continued use of equity incentives and structured financing within its broader capital management framework.
While the options do not immediately change the number of quoted shares on issue, they introduce potential future dilution for existing shareholders if exercised and signal ongoing efforts to support project funding and align stakeholder interests. The move may provide additional flexibility in securing capital or rewarding participants tied to Cazaly’s resource development activities without immediate cash outlay or market issuance of new quoted shares.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources reported a strong December 2025 quarter marked by high-grade aircore drilling results at its Goongarrie Gold Project, where shallow intercepts up to 6.6 g/t gold outlined a coherent 1.3 km mineralised trend above 1 g/t between the Goongarrie Lady and Jenny’s Reward deposits, and highlighted additional anomalous gold three kilometres to the north. The company met its initial farm-in milestone at Goongarrie, advanced a detailed lithostructural interpretation to prioritise future drilling, secured A$3.5 million via a well-supported share placement to expand exploration, and completed an earn-in deal over the Romano project with Dundas Minerals that delivers upfront cash and shares while leaving Cazaly free-carried on a 20% interest, ending the quarter with A$5.1 million in cash and investments and a strengthened balance sheet for ongoing exploration.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources has achieved the first milestone in its farm-in agreement with Brightstar Resources at the Goongarrie Gold Project, earning an initial 25% interest after completing A$1 million of exploration within nine months, and retains the right to increase its stake to 80% through further staged expenditure. The company reported encouraging drilling results from reverse circulation and aircore programs, delineating anomalous gold mineralisation above 1g/t over a 1.3km strike along the Menzies shear, including several high-grade intercepts at the Duchess and Duke of York prospects, and plans a follow-up RC drilling campaign in early 2026 to test mineralisation at depth and further define the scale and continuity of the discovery, potentially enhancing the project’s development prospects and Cazaly’s position in the region’s gold sector.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources Limited has called a General Meeting of shareholders to be held on 13 February 2026 in West Perth, Western Australia, with all resolutions to be decided by poll. In line with updated corporate regulations, the company will not mail physical copies of the meeting notice, instead directing investors to access documents via the ASX announcements platform or the company’s website, and strongly encouraging shareholders to lodge directed proxy votes and submit questions in advance to ensure orderly participation and informed decision-making.
The most recent analyst rating on (AU:CAZ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Cazaly Resources Limited stock, see the AU:CAZ Stock Forecast page.
Cazaly Resources has entered into an agreement with Dundas Minerals for the sale and joint venture of its Romano greenfields gold project in Western Australia, allowing Dundas to earn an 80% interest by spending $2 million on exploration over two years. In return, Cazaly will receive upfront consideration of $500,000 in cash and Dundas shares, potential milestone payments of up to a further $1.2 million in cash and shares as tenement applications are granted, and retain a free-carried 20% stake through to completion of a positive feasibility study, enabling the company to monetise a non-core asset while concentrating capital and management attention on its flagship Goongarrie project.
Dundas Minerals Limited has acquired the right to earn an 80% interest in the Romano Project, a district-scale gold exploration package covering about 800km² in the underexplored northeastern Goldfields of Western Australia, adjacent to the ~6 million-ounce Gruyere gold mine. The project, situated along the eastern margin of the Yamarna and Dorothy Hills shear zones, comes with multiple priority targets defined by historical drilling and geochemical work, including notable historical intercepts at the Bloodwood and Brahman prospects, and aligns with Dundas’ strategy of targeting large-scale gold systems in frontier terrains while expanding its exploration footprint and complementing its existing Kalgoorlie portfolio.
Cazaly Resources has reported encouraging assay results from an expanded aircore drilling program at its Goongarrie Gold Project in Western Australia, where 240 new holes helped define a shallow, high-grade gold trend over 1,300 metres of strike. The latest drilling, which returned multiple intercepts above 1 g/t gold including standout results of 4 metres at 6.6 g/t from surface and 4 metres at 5.7 g/t from 12 metres, corroborates historical high-grade hits, extends mineralisation 660 metres south of the Star of Goongarrie prospect and generates several new targets along the Menzies Shear Zone. Management says the results underscore the significant prospectivity of these largely underexplored shear zones and has scheduled a reverse circulation drill program for early 2026 to test extensions of the high-grade zones, a campaign that could further upgrade the project’s scale and materially impact the company’s growth prospects if continuity of mineralisation is confirmed.
Cazaly Resources Limited announced the issuance of 18,048,024 unquoted securities in the form of service rights as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s growth objectives, potentially impacting the company’s operational efficiency and market positioning.
Cazaly Resources Limited has announced the issuance of 6,708,024 performance rights as part of an employee incentive scheme. These unquoted securities are intended to motivate and retain key personnel, potentially impacting the company’s operational efficiency and aligning employee interests with shareholder goals.