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Codrus Minerals Ltd
(Sydney:CDR)
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Rating:45Neutral
Price Target:
AU$0.04
▲(85.00% Upside)
Action:Reiterated
Date:08/04/26
The score is held down primarily by weak financial performance (persistent losses, minimal revenue, and ongoing cash burn), partially offset by a low-debt balance sheet. Technicals show strong upside momentum with price above major moving averages, but overbought RSI/Stoch and high beta add near-term risk. Valuation is constrained by a negative P/E tied to unprofitable operations and no provided dividend yield.
Positive Factors
Low Leverage
Zero reported debt in FY2025 materially reduces financial risk for a small, loss-making miner. Lower interest burden and limited fixed financing costs preserve cash flexibility, giving management optionality to pursue exploration or staged development without immediate debt servicing pressure.
Negative Factors
Minimal / No Revenue
The collapse to zero reported revenue in FY2025 shows the business lacks sustainable operating scale or recurring cash-generating activities. Without a clear, durable revenue base, the company remains structurally dependent on external financing and cannot self-fund exploration or development over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Zero reported debt in FY2025 materially reduces financial risk for a small, loss-making miner. Lower interest burden and limited fixed financing costs preserve cash flexibility, giving management optionality to pursue exploration or staged development without immediate debt servicing pressure.
Read all positive factors
Codrus Minerals Ltd (CDR) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.38M
Dividend YieldN/A
Average Volume (3M)658.48K
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue GrowthN/A
EPS Growth36.99%
CountryAU
Employees6
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding206,734,380
10 Day Avg. Volume1,124,086
30 Day Avg. Volume658,483
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)3.66
Price to Sales (P/S)0.00
P/FCF Ratio-3.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Codrus Minerals Ltd Business Overview & Revenue Model
Company Description
Codrus Minerals Limited focuses on the exploration and discovery of mineral resources, primarily targeting gold and nickel deposits. The company holds outright ownership of its projects in Western Australia, which encompass Silver Swan South, Red ...
How the Company Makes Money
null...
Codrus Minerals Ltd Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -36.99K | 0.00 | 300.00K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -37.36K | -2.70K | 300.00K | -14.44K | -5.88K | 0.00 |
| EBITDA | -2.18M | -1.78M | -3.10M | -2.68M | -4.09M | -1.14M |
| Net Income | -2.05M | -1.81M | -3.16M | -2.70M | -4.10M | -6.44M |
Balance Sheet | ||||||
| Total Assets | 602.59K | 1.93M | 2.37M | 1.98M | 4.21M | 7.53M |
| Cash, Cash Equivalents and Short-Term Investments | 460.10K | 1.83M | 2.15M | 1.83M | 4.06M | 7.44M |
| Total Debt | 0.00 | 0.00 | 120.93K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 140.10K | 543.91K | 385.20K | 272.14K | 301.60K | 278.03K |
| Stockholders Equity | 462.49K | 1.39M | 1.98M | 1.71M | 3.91M | 7.25M |
Cash Flow | ||||||
| Free Cash Flow | -2.10M | -1.41M | -1.83M | -2.22M | -3.40M | -9.28K |
| Operating Cash Flow | -2.10M | -1.41M | -1.83M | -2.19M | -3.36M | -9.28K |
| Investing Cash Flow | 0.00 | 13.00K | 300.00K | -117.77K | -40.26K | 0.00 |
| Financing Cash Flow | 1.15M | 1.15M | 1.84M | 15.77K | 21.46K | 7.45M |
Codrus Minerals Ltd Technical Analysis
Positive
0.02
Price Trends
0.02
Positive
0.02
Positive
0.02
Positive
Market Momentum
<0.01
Negative
89.74
Negative
81.82
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDR, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 89.74 is Negative, neither overbought nor oversold. The STOCH value of 81.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CDR.
Codrus Minerals Ltd Peers Comparison
UnderperformOutperform
Sector (61)
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$4.65M | -4.29 | -4.88% | ― | 123.86% | 63.16% | |
45 Neutral | AU$5.38M | -2.50 | -221.31% | ― | ― | 36.99% | |
44 Neutral | AU$3.57M | -1.34 | -498.87% | ― | -96.35% | -202.04% | |
44 Neutral | AU$3.76M | -2.04 | 114.73% | ― | ― | -237.50% | |
43 Neutral | AU$2.99M | -1.29 | -153.71% | ― | ― | 39.82% | |
40 Underperform | AU$5.09M | -6.79 | 146.21% | ― | ― | 26.13% |
* Basic Materials Sector Average
AU:CDR
Codrus Minerals Ltd
0.03
0.01
70.00%
AU:RBX
Resource Base Limited
0.03
>-0.01
-17.65%
AU:RAS
Ragusa Minerals Ltd
0.02
>-0.01
-25.93%
AU:NME
Nex Metals Explorations Ltd
0.01
-0.01
-52.17%
AU:M2M
Mt Malcolm Mines NL
0.01
-0.01
-50.00%
AU:OZZ
Ozz Resources Ltd
0.06
0.00
0.00%
Codrus Minerals Ltd Corporate Events
Codrus Minerals Shares Resume Trading After Acquisition and Capital Raising Update
Aug 3, 2026
Codrus Minerals has had the suspension of trading in its securities lifted on the ASX, allowing its shares to resume quotation immediately. The reinstatement follows the company’s release of an announcement detailing a proposed acquisition a...
Codrus Minerals Plans Major Share Issue to Fund Growth
Aug 3, 2026
Codrus Minerals has lodged a proposal with the ASX to issue up to 230 million ordinary fully paid shares in a new placement. The proposed securities are scheduled for issue on 2 October 2026, subject to ASX processes and approvals.The capital rais...
Codrus Minerals to Acquire Copper and Molybdenum Projects in Australia and Peru
Aug 3, 2026
Codrus Minerals has agreed to acquire EdgeMet Pty Ltd, giving it a 100% interest in the Copperhole Creek copper, silver and tin project in Queensland and the right to earn up to a 99.8% interest in the Tiquihua molybdenum and copper project in Per...
Codrus Minerals Seeks ASX Suspension Ahead of Acquisition and Capital Raising
Jul 31, 2026
Codrus Minerals Ltd, an ASX-listed minerals exploration company, participates in Australia’s regulated capital markets under the ticker CDR, with its securities subject to ASX supervision and listing rules. The company’s compliance wit...
Codrus Minerals pivots to strategy, advances Bull Run and Karloning reviews
Jul 30, 2026
Codrus Minerals used the June quarter to advance a strategic review of its project portfolio and evaluate potential acquisitions rather than carry out field exploration. Management concentrated on technical studies, strategic planning and capital ...
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.