Codrus Minerals Ltd (CDR) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 211.83K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: N/A
• EPS Growth: 48.82%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 206,734,380
• 10 Day Avg. Volume: 226,279
• 30 Day Avg. Volume: 211,834
• PEG Ratio: 0.06
• Price to Book (P/B): 3.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: ―

Codrus Minerals Ltd faces critical financial challenges with persistent losses and negative cash flows, impacting its overall score. While technical analysis suggests short-term momentum, high RSI levels warn of potential corrections. The negative P/E ratio and lack of dividends further detract from the stock's appeal, resulting in a low overall score.

Codrus Minerals Ltd Business Overview & Revenue Model

Company Description

Codrus Minerals Ltd (CDR) is an exploration company focused on the discovery and development of mineral resources. The company primarily operates within the precious and base metals sector, targeting a diverse portfolio of mineral assets. Codrus Minerals is dedicated to identifying and advancing high-quality mineral projects, leveraging its expertise to enhance shareholder value through strategic exploration and development activities.

How the Company Makes Money

Codrus Minerals Ltd makes money primarily through the exploration and potential development of mineral resources. The company's revenue model is based on discovering valuable mineral deposits, which can lead to increased asset value and potential future revenue from mining operations or asset sales. Key revenue streams include raising capital through equity financing to fund exploration activities, forming joint ventures or partnerships with larger mining companies, and eventually, the sale or development of mineral assets once economically viable resources are identified. The company may also benefit from any government grants or incentives for exploration activities. However, as an exploration company, Codrus Minerals may not generate significant revenue until successful discoveries are made and developed.

Codrus Minerals Ltd Financial Statement Overview

Summary

Codrus Minerals Ltd is experiencing significant financial difficulties, with weak financial performance marked by substantial net loss, negative EBIT, and EBITDA. Despite having no debt and a decent equity ratio, the company faces challenges in profitability and cash flow conversion, needing operational improvements.

Income Statement

Codrus Minerals Ltd exhibits weak financial performance with a substantial net loss, negative EBIT, and negative EBITDA over the analyzed periods. The company has not demonstrated revenue growth, and margins are negative, indicating ongoing profitability challenges.

Balance Sheet

The balance sheet reveals no debt, which is a strength, but the negative net income results in a weak return on equity. The company maintains a decent equity ratio, suggesting a relatively stable equity position despite ongoing losses.

Cash Flow

The cash flow statement indicates negative operating and free cash flows, highlighting cash burn issues. Although financing activities have provided cash inflows, the operating cash flow to net income ratio shows inefficiency in converting income into cash.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	6.71K	300.00K	0.00	0.00	0.00	0.00
Gross Profit	-5.59K	300.00K	-14.44K	-5.88K	0.00	0.00
EBITDA	-2.83M	-3.10M	-2.68M	-4.09M	-1.14M	-20.00K
Net Income	-2.86M	-3.16M	-2.70M	-4.10M	-6.44M	-533.25K
Balance Sheet
Total Assets	1.47M	2.37M	1.98M	4.21M	7.53M	0.00
Cash, Cash Equivalents and Short-Term Investments	1.40M	2.15M	1.73M	4.06M	7.44M	0.00
Total Debt	0.00	120.93K	0.00	0.00	0.00	1.72M
Total Liabilities	245.51K	385.20K	272.14K	301.60K	278.03K	1.74M
Stockholders Equity	1.22M	1.98M	1.71M	3.91M	7.25M	-1.74M
Cash Flow
Free Cash Flow	-1.59M	-1.83M	-2.22M	-3.40M	―	0.00
Operating Cash Flow	-1.59M	-1.83M	-2.19M	-3.36M	―	0.00
Investing Cash Flow	313.00K	300.00K	-117.77K	-40.26K	0.00	0.00
Financing Cash Flow	973.13K	1.84M	15.77K	21.46K	7.45M	0.00

Codrus Minerals Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CDR, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.78 is Neutral, neither overbought nor oversold. The STOCH value of -17.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CDR.

Codrus Minerals Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TLM	51 Neutral	$32.96M	―	-20.67%	―	―	4.00%
GBR	47 Neutral	AU$49.45M	―	-57.60%	―	―	-300.00%
Sector *	43 Neutral	AU$1.38B	-6.10	-40.62%	4.17%	-4.78%	-43.21%
CDR	43 Neutral		―	-201.63%	―	―	48.82%
NVA	37 Underperform	$103.36M	―	-9.46%	―	―	41.29%
ARV	32 Underperform	$15.21M	―	-53.93%	―	―	-1133.33%

Codrus Minerals Ltd Corporate Events

Codrus Minerals Secures Drilling Permit for Bull Run Gold Project

Codrus Minerals Ltd has received approval for a drilling permit at its Bull Run Gold Project in Oregon, USA, allowing for up to 30 drill holes across 10 sites totaling 14,000 meters. This project, which includes the historic Record Gold Mine, has a proven production history and is situated in a geologically rich area with significant gold potential. The company is actively engaging with local contractors and assessing historical data to facilitate the drilling program, aiming to unlock substantial value for shareholders amid high gold prices.

Codrus Minerals Advances Exploration Projects Amidst Strong Market Conditions

Codrus Minerals Ltd is progressing with its Bull Run Copper-Gold Project in Oregon, nearing completion of permitting and refining target generation for future drilling. The company is also advancing its Red Gate and Middle Creek Gold Projects in Australia, leveraging strong gold market conditions and confirming new gold and silver targets. In Canada, Codrus has completed Phase I exploration at Jasper Wedge and is awaiting better uranium market conditions for Phase II. The company is actively reducing costs and preserving cash, with A$1 million in reserves at the end of the quarter.

Codrus Minerals Releases Interim Financial Report for H2 2024

Codrus Minerals Ltd has released its interim financial report for the half-year ending 31 December 2024. The report includes various sections such as the Directors’ Report, Auditor’s Independence Declaration, and the Independent Auditor’s Report. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which is crucial for assessing its market positioning and future prospects.