Chalice Mining Limited (AU:CHN)
ASX:CHN
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Chalice Mining
(Sydney:CHN)
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Rating:44Neutral
Price Target:
AU$1.50
▼(-9.64% Downside)
Action:ReiteratedDate:03/17/26
The score is driven down primarily by weak operating fundamentals (minimal revenue, ongoing losses, and negative free cash flow) and a bearish technical trend (price below all key moving averages with negative momentum). A low-debt balance sheet provides some offset, but valuation remains hard to assess favorably with a negative P/E and no dividend support.
Positive Factors
Low leverage / strong balance sheet
Very low reported debt (debt-to-equity ~1–2%) provides durable financial flexibility for an exploration company. It reduces near-term solvency risk, supports continued drilling and studies without urgent asset sales, and makes future financing less pressured.
Negative Factors
Minimal / no revenue
The company remains exploration-stage with no operating revenue in FY2025, meaning it cannot self-fund activities from operations. Long-term viability depends on discovery and development success or continual access to external capital rather than operating cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low reported debt (debt-to-equity ~1–2%) provides durable financial flexibility for an exploration company. It reduces near-term solvency risk, supports continued drilling and studies without urgent asset sales, and makes future financing less pressured.
Read all positive factors
Chalice Mining (CHN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$609.57M
Dividend YieldN/A
Average Volume (3M)3.26M
Price to Earnings (P/E)―
Beta (1Y)2.35
Revenue GrowthN/A
EPS Growth7.79%
CountryAU
Employees19
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.06
Shares Outstanding389,499,730
10 Day Avg. Volume3,369,228
30 Day Avg. Volume3,257,418
Financial Highlights & Ratios
PEG Ratio0.73
Price to Book (P/B)4.97
Price to Sales (P/S)0.00
P/FCF Ratio-35.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$2.43Price Target Upside46.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.05
Revenue Forecast (FY)AU$50.90K
Chalice Mining Business Overview & Revenue Model
Company Description
Chalice Mining Limited operates as a mineral exploration and evaluation company. The company explores for gold, copper, cobalt, palladium, platinum group element, and nickel deposits. Its flagship properties include the Julimar Nickel-Copper-Plati...
How the Company Makes Money
null...
Chalice Mining Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
74
Positive
Cash Flow
20
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 118.00K | 181.00K | 634.00K | 520.00K |
| Gross Profit | -680.00K | -534.00K | 118.00K | 181.00K | -37.00K | 246.00K |
| EBITDA | -27.03M | -21.60M | -43.74M | -65.81M | -64.85M | -45.95M |
| Net Income | -23.48M | -24.21M | -39.50M | -65.60M | -18.30M | -43.19M |
Balance Sheet | ||||||
| Total Assets | 128.91M | 135.98M | 170.67M | 199.06M | 186.78M | 162.66M |
| Cash, Cash Equivalents and Short-Term Investments | 71.26M | 77.76M | 111.03M | 148.18M | 134.53M | 115.45M |
| Total Debt | 1.78M | 1.88M | 2.11M | 1.73M | 2.14M | 349.00K |
| Total Liabilities | 6.43M | 6.56M | 7.88M | 12.01M | 10.45M | 13.44M |
| Stockholders Equity | 122.48M | 129.42M | 162.79M | 187.05M | 176.33M | 149.22M |
Cash Flow | ||||||
| Free Cash Flow | -21.10M | -17.99M | -48.66M | -60.37M | -69.65M | -59.65M |
| Operating Cash Flow | -21.06M | -17.76M | -44.09M | -59.93M | -61.80M | -37.63M |
| Investing Cash Flow | 2.12M | -116.00K | -11.58M | -826.00K | -3.45M | -20.26M |
| Financing Cash Flow | -191.00K | -241.00K | -596.00K | 74.28M | 96.93M | 112.03M |
Chalice Mining Technical Analysis
Neutral
1.66
Price Trends
1.69
Negative
1.88
Negative
1.90
Negative
Market Momentum
>-0.01
Negative
53.89
Neutral
82.89
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CHN, the sentiment is Neutral. The current price of 1.66 is above the 20-day moving average (MA) of 1.48, below the 50-day MA of 1.69, and below the 200-day MA of 1.90, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.89 is Neutral, neither overbought nor oversold. The STOCH value of 82.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CHN.
Chalice Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$496.83M | 3.21 | 16.49% | ― | 7.77% | 152.21% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$453.56M | -3.13 | -50.73% | ― | ― | -79.69% | |
47 Neutral | AU$487.76M | -3.48 | -10.21% | ― | 294.23% | 37.64% | |
46 Neutral | AU$1.08B | -8.93 | -10.17% | ― | -100.00% | 59.85% | |
46 Neutral | AU$362.09M | -16.97 | -39.39% | ― | ― | 25.54% | |
44 Neutral | AU$609.57M | -16.33 | -18.64% | ― | ― | 7.79% |
* Basic Materials Sector Average
AU:CHN
Chalice Mining
1.57
0.43
37.28%
AU:CXO
Core Lithium Ltd
0.34
0.26
358.90%
AU:SGQ
St. George Mining Ltd.
0.12
0.09
342.31%
AU:AIS
Aeris Resources Limited
0.42
0.24
130.56%
AU:ASM
Australian Strategic Materials Ltd
1.80
1.18
191.87%
AU:CTM
Centaurus Metals Limited
0.64
0.28
77.78%
Chalice Mining Corporate Events
Chalice underscores Gonneville critical minerals credentials amid risk caveats
May 6, 2026
Chalice Mining used a presentation at the Macquarie Australia Conference to highlight progress on its Gonneville palladium-nickel-copper project in Western Australia, which it describes as a new globally significant critical minerals mine. The com...
Chalice Mining Ramps Up Gonneville Development as Metal Markets Strengthen
Apr 29, 2026
Chalice Mining has moved to bolster its execution and financing capabilities for the Gonneville palladium-nickel-copper project, appointing Odin Partnership as strategic advisor, Cutfield Freeman as debt advisor and adding former Anglo American le...
Chalice Mining Issues New Shares Following Conversion of Unquoted Securities
Apr 9, 2026
Chalice Mining Limited has notified the market of the issue of 167,777 ordinary fully paid CHN shares, following the conversion or exercise of previously unquoted options or other unquoted convertible securities. The new shares, which were issued ...
Chalice Mining Issues 1.5 Million Unquoted Options as Part of Incentive Structure
Apr 7, 2026
Chalice Mining Limited has notified the market of the issuance of 1,500,000 unquoted options, exercisable at $2.13 and expiring on 7 April 2029. The new options, which form a separate unquoted class of securities, represent a non-cash component of...
Chalice Mining Enlists Ex-Anglo American Leaders as Strategic Advisors for Gonneville
Apr 6, 2026
Chalice Mining has appointed Odin Partnership, the advisory firm founded by former Anglo American chief Mark Cutifani, mining executive Tony O’Neill and ex–Bank of America banker Omar Davis, as strategic advisor to help advance its Gon...
Chalice Mining Issues New Unquoted Performance Rights Under Employee Scheme
Apr 1, 2026
Chalice Mining Limited has notified the market of the issue of 90,437 unquoted performance rights under its employee incentive scheme, with an issue date of 28 January 2026. The move underscores the company’s continued use of equity-based re...
Chalice Mining Reports Lapse of Options and Performance Rights
Mar 30, 2026
Chalice Mining has notified the market of the cessation of certain equity-based instruments, including options expiring in August 2028 and performance rights, after vesting conditions were not met or became incapable of being satisfied. The lapse ...
Chalice Mining Files Half-Year Report for December 2025
Mar 13, 2026
Chalice Mining Limited has released its Half-Year Report for the period ended 31 December 2025, outlining its financial position, performance, and cash flows. The document includes directors’ commentary, audited financial statements, and gov...
State Street Group Exits Substantial Holder Position in Chalice Mining
Mar 6, 2026
State Street Corporation and key subsidiaries, including State Street Bank and Trust Company and SSGA Funds Management, have lodged a notice that they have ceased to be a substantial shareholder in Chalice Mining Limited as of 4 March 2026. The ch...
State Street Group Ceases to Be Substantial Holder in Chalice Mining
Mar 4, 2026
State Street Corporation and several of its subsidiaries have filed a notice that they have ceased to be substantial holders in Chalice Mining. The change follows a series of adjustments in their relevant interests in Chalice Mining shares, largel...
State Street Group Ceases to Be Substantial Holder in Chalice Mining
Feb 9, 2026
State Street Corporation and several of its subsidiaries, including State Street Bank and Trust Company and State Street Global Advisors Australia, have lodged a notice that they have ceased to be substantial holders in Chalice Mining as of 5 Febr...
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.