Top Page
Cobre Limited
(Sydney:CBE)
Cobre Limited (CBE) vs. iShares MSCI Australia ETF (EWA)
Cobre Limited Business Overview & Revenue Model
Cobre Limited Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 758.60K | 0.00 | ― | 25.70K |
| Gross Profit | -29.48K | -26.11K | 758.60K | -1.40K | -1.34K | -1.50K |
| EBITDA | -3.59M | -2.10M | -1.63M | -1.45M | -1.46M | -2.69M |
| Net Income | -3.13M | -2.12M | -2.39M | -1.74M | -5.39M | -2.75M |
Balance Sheet | ||||||
| Total Assets | 50.59M | 42.70M | 31.51M | 31.50M | 18.68M | 18.26M |
| Cash, Cash Equivalents and Short-Term Investments | 7.17M | 4.59M | 980.63K | 5.76M | 2.73M | 8.15M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 1.88M | 532.06K |
| Total Liabilities | 8.74M | 6.80M | 928.24K | 726.59K | 2.28M | 1.21M |
| Stockholders Equity | 41.85M | 35.90M | 30.58M | 30.77M | 12.88M | 17.05M |
Cash Flow | ||||||
| Free Cash Flow | -2.49M | -2.12M | -6.64M | -9.98M | -2.28M | -3.33M |
| Operating Cash Flow | -2.38M | -2.01M | -1.34M | -2.06M | -1.20M | -1.17M |
| Investing Cash Flow | -8.44M | -5.74M | -5.61M | -9.58M | -5.62M | -3.07M |
| Financing Cash Flow | 15.30M | 11.35M | 2.16M | 14.67M | 1.41M | 5.21M |
Cobre Limited Technical Analysis
Cobre 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% | |
53 Neutral | AU$87.18M | -6.42 | -5.89% | ― | ― | 37.04% | |
48 Neutral | AU$28.34M | -12.76 | -11.53% | ― | ― | 40.00% | |
47 Neutral | AU$6.80M | -6.22 | -5.49% | ― | ― | 16.67% | |
42 Neutral | AU$45.93M | -15.23 | -1.33% | ― | ― | ― | |
41 Neutral | AU$16.64M | -15.39 | -34.20% | ― | ― | -7.14% | |
28 Underperform | €15.78M | -5.26 | ― | ― | ― | -11.76% |
Cobre Limited Corporate Events
Cobre Limited has applied for quotation on the ASX of an additional 100,000 ordinary fully paid shares, which are scheduled to be issued and commence quotation on 19 March 2026. The modest size of this issuance suggests a routine capital or incentive-related adjustment rather than a major capital raising, incrementally increasing the company’s free float and potentially enhancing liquidity for existing shareholders.
The application reflects compliance with ASX Listing Rule requirements for new securities entering quotation and signals ongoing capital management activity by the company. While the announcement does not detail the purpose of the new shares, the incremental expansion of the listed securities base may support future corporate actions and fine-tune Cobre Limited’s market presence.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited reported a half-year loss of $1.8 million to 31 December 2025 as it advanced copper exploration in Botswana’s Kalahari Copper Belt. The company’s results reflect higher exploration expenditure across its 100%-owned licences and the progression of its earn-in arrangement with BHP over the Kitlanya East and West projects.
During the period, Cobre signed an investment agreement with Sinomine International Exploration giving Sinomine the right to acquire a 70% interest in the Okavango Project for $7 million following an investment of up to $3 million. After the half-year, Cobre moved to diversify geographically, entering a binding deal with Minera Salar Blanco to earn up to a 51% stake in Chile’s Sierra Atacama Copper Project, which includes an operating underground mine producing around 400 tonnes of copper cathode per month.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has lodged an application with the ASX for the quotation of 3,652,025 ordinary fully paid shares, to be issued on 5 March 2026 under the ticker CBE. The new securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s listed share base and potentially enhancing liquidity for shareholders.
The application confirms compliance with ASX Listing Rule requirements for quotation of the additional securities, signalling routine capital management rather than a transformative financing event. While the scale is limited, the move formalises new equity on-market, slightly diluting existing holdings but broadening the register and supporting trading depth in Cobre’s stock.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has applied for the quotation of 1,641,103 ordinary fully paid shares on the ASX, with an issue date of 24 February 2026. The new securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s listed capital base and potentially enhancing liquidity for shareholders.
This incremental share quotation signals ongoing corporate activity within Cobre’s capital structure but does not on its own indicate a major strategic shift. The move may slightly dilute existing holdings while enabling the company to recognise prior commitments tied to its option or convertible security programs, aligning its register with ASX listing rule requirements.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has called an Extraordinary General Meeting of shareholders to be held on 25 March 2026 at the Sydney offices of Baker McKenzie, with the session scheduled to start at 11:00 a.m. AEDT. The company has circulated a notice and accompanying explanatory memorandum outlining resolutions to be considered, signaling upcoming corporate or strategic decisions that may affect its governance, capital structure, or operational direction.
Shareholders are being urged to review the meeting materials in full and consult professional advisers if uncertain about how to vote on the proposed resolutions. The detailed explanatory memorandum and glossary indicate that the matters on the agenda could be complex, underscoring the importance of informed shareholder participation in shaping Cobre’s next phase of corporate development.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has issued 1,444,809 new ordinary shares at $0.15 per share as part of the remaining balance of tranche one of a previously announced capital raising. The issuance reflects the company’s ongoing efforts to strengthen its capital base through equity markets and may modestly dilute existing shareholders while providing additional funding capacity for corporate objectives.
The company confirmed that these shares were issued without a prospectus under the Corporations Act’s cleansing provisions, stating it is compliant with financial reporting and continuous disclosure requirements. By declaring there is no excluded information to disclose, Cobre aims to reassure investors about transparency and regulatory compliance surrounding this capital raising activity.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has applied for quotation on the ASX of 1,444,809 new ordinary fully paid shares under the code CBE, with an issue date of 20 February 2026. The additional securities, issued as part of a previously flagged transaction, will expand the company’s listed capital base and may marginally enhance liquidity for existing shareholders while signaling continued use of equity markets to support its corporate objectives.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has requested and received a voluntary suspension of trading in its securities on the ASX, effective immediately, following an earlier trading halt lodged on 9 February 2026. The suspension will remain in place until the company releases an announcement regarding a material acquisition and an associated placement, or until trading commences on 12 February 2026, whichever occurs first.
The move signals that Cobre is finalising a significant transaction that may affect its capital structure and strategic direction, with the market awaiting details on the acquisition and capital raising. The company has stated it is not aware of any reason the suspension should be refused, indicating the pause is primarily to ensure orderly disclosure and trading once the pending announcement is ready for release.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has requested a trading halt in its securities on the ASX, as the company prepares to release an announcement concerning a material acquisition and a placement. Trading in Cobre shares will be paused until either the announcement is made or normal trading resumes on 11 February 2026, signalling that a potentially significant corporate transaction and capital raising are pending that could affect the company’s valuation and shareholder positions.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has applied to the Australian Securities Exchange for quotation of 1,792,863 new fully paid ordinary shares, to be issued under the company’s existing ASX code CBE on 30 January 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will expand Cobre’s quoted share capital and may modestly increase trading liquidity, though the announcement provides no further operational or strategic details for investors or other stakeholders.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited raised a total of A$5.5 million through strategic placements to Sinomine International Exploration and Tribeca Investment Partners to fund follow-up diamond drilling at its Okavango Copper Project and to accelerate development work on the Ngami In-Situ Copper Recovery Project in Botswana. During the quarter, the company reported encouraging copper intersections at the Cosmos Target near the Comet Deposit, advanced seismic surveys at Ngami and Kitlanya as part of its collaboration with BHP, and secured environmental approval from Botswana’s Department of Environmental Protection for the scope of an Environmental Impact Assessment tied to an ISCR pilot plant, collectively marking a significant step toward de-risking and potentially fast-tracking its Botswana copper portfolio.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has applied to the ASX for quotation of 147,032 new fully paid ordinary shares under its existing ticker CBE, expanding its listed share capital. The additional securities, issued on 23 January 2026 following the exercise or conversion of existing instruments, slightly increase the company’s free float and may marginally enhance liquidity for shareholders without indicating a broader change in strategy or operations.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has begun construction of an In-Situ Copper Recovery (ISCR) production wellfield at its wholly owned Ngami Copper Project in Botswana, marking the first stage of a planned ISCR demonstration plant that will underpin resource drilling and feasibility work ahead of potential commercial development. The wellfield, comprising multiple vertical and horizontal injection-recovery wells linked to an advanced telemetry and monitoring system, is designed to test hydraulic control, optimise well configurations, and gather detailed operational data, thereby de-risking the project, supporting environmental approvals, enabling potential depth extensions of recoveries, and moving the Comet Deposit closer to scalable ISCR-based copper-silver production.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has applied to the ASX for quotation of 390,385 new fully paid ordinary shares, issued on 13 January 2026, under its CBE ticker. The additional securities result from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s free float and potentially enhancing liquidity for shareholders without indicating any broader operational or strategic shift.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
Cobre Limited has disclosed a change in the indirect shareholding of director Michael Addison, who holds his interest via the Danawa (Inv) Pty Ltd