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Chalice Mining Limited (AU:CHN)
ASX:CHN

Chalice Mining (CHN) AI Stock Analysis

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AU:CHN

Chalice Mining

(Sydney:CHN)

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Neutral 53 (OpenAI - 5.2)
Rating:53Neutral
Price Target:
AU$2.00
▼(-16.32% Downside)
The score is held back primarily by weak operating fundamentals—minimal revenue, ongoing losses, and negative free cash flow—partly offset by a low-debt balance sheet. Technicals are supportive with price above major moving averages and positive momentum, while valuation is constrained by negative earnings and no dividend.

Chalice Mining (CHN) vs. iShares MSCI Australia ETF (EWA)

Chalice Mining Business Overview & Revenue Model

Company DescriptionChalice 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-Platinum group element project that covers an area of approximately 740 square kilometers located in Avon Region, Western Australia; and the Barrabarra Nickel -Copper- Platinum group element project located in Geraldton. It also holds interest in Hawkstone Nickel-Copper-Cobalt project located in Kimberley and South West Nickel-Copper- Platinum group element project located in Perth, Western Australia. Chalice Mining Limited was incorporated in 2005 and is based in West Perth, Australia.
How the Company Makes MoneyChalice Mining makes money through the discovery, development, and eventual sale or partnership of its mineral resources. The company generates revenue by increasing the value of its mineral projects through exploration and development, which can lead to joint ventures, asset sales, or production agreements with larger mining companies. Additionally, Chalice Mining may receive funding through equity financing from institutional and retail investors, which supports its exploration activities. Key partnerships or joint ventures with other mining companies can also contribute to its earnings by sharing exploration costs and accelerating project development.

Chalice Mining Financial Statement Overview

Summary
Chalice Mining Limited exhibits a mixed financial position. Despite strong equity and low debt levels, the company faces significant challenges with profitability, as indicated by negative net profit and EBIT margins. The cash flow statement also highlights difficulties in generating operating and free cash flows, which are crucial for long-term sustainability.
Income Statement
Chalice Mining Limited's financial performance shows significant challenges with profitability and revenue growth. The company has experienced a negative net profit margin and EBIT margin, indicating ongoing losses. Despite a notable increase in total revenue from the previous year, the company still faces substantial operational losses that impact the overall financial health.
Balance Sheet
The balance sheet shows a strong equity position with a relatively low debt level, resulting in a favorable debt-to-equity ratio. The equity ratio is high, suggesting financial stability and a low reliance on debt financing. However, declining stockholders' equity over the years might indicate potential long-term risks.
Cash Flow
Chalice Mining Limited's cash flow statement highlights negative operating and free cash flows, suggesting challenges in generating cash from operations. The free cash flow growth rate is negative, underscoring the difficulties in achieving cash flow sustainability. Despite this, the company has managed to maintain a positive cash position, primarily due to financing activities.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue496.00K0.00118.00K181.00K634.00K520.00K
Gross Profit37.00K-534.00K118.00K181.00K-37.00K246.00K
EBITDA-23.48M-21.60M-43.74M-65.81M-64.85M-45.95M
Net Income-24.21M-24.21M-39.50M-65.60M-18.30M-43.19M
Balance Sheet
Total Assets135.98M135.98M170.67M199.06M186.78M162.66M
Cash, Cash Equivalents and Short-Term Investments77.76M77.76M111.03M148.18M134.53M115.45M
Total Debt1.88M1.88M2.11M1.73M2.14M349.00K
Total Liabilities6.56M6.56M7.88M12.01M10.45M13.44M
Stockholders Equity129.42M129.42M162.79M187.05M176.33M149.22M
Cash Flow
Free Cash Flow-17.97M-17.99M-48.66M-60.37M-69.65M-59.65M
Operating Cash Flow-17.74M-17.76M-44.09M-59.93M-61.80M-37.63M
Investing Cash Flow-116.00K-116.00K-11.58M-826.00K-3.45M-20.26M
Financing Cash Flow-241.00K-241.00K-596.00K74.28M96.93M112.03M

Chalice Mining Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.39
Price Trends
50DMA
1.89
Positive
100DMA
1.96
Positive
200DMA
1.67
Positive
Market Momentum
MACD
0.12
Negative
RSI
70.22
Negative
STOCH
65.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CHN, the sentiment is Positive. The current price of 2.39 is above the 20-day moving average (MA) of 1.92, above the 50-day MA of 1.89, and above the 200-day MA of 1.67, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 70.22 is Negative, neither overbought nor oversold. The STOCH value of 65.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CHN.

Chalice Mining Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
AU$1.03B7.1233.38%45.73%716.15%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
53
Neutral
€837.42M-38.42-16.67%38.72%
50
Neutral
$1.28B-35.37-13.10%82.10%
48
Neutral
AU$543.47M-31.06-7.50%51.47%
47
Neutral
AU$385.57M-26.17-179.67%-100.00%-6.00%
46
Neutral
AU$375.22M-8.76-90.12%-98.20%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CHN
Chalice Mining
2.39
1.24
107.83%
AU:ARU
Arafura Resources
0.29
0.17
141.67%
AU:MLX
Metals X Limited
1.12
0.70
168.67%
AU:SVM
Sovereign Metals Limited
0.58
-0.19
-24.68%
AU:MAU
Magnetic Resources NL
1.34
0.22
19.64%
AU:LOT
Lotus Resources Limited
0.21
-0.02
-8.89%

Chalice Mining Corporate Events

Chalice Mining Director Increases Stake with New Share Acquisition
Dec 11, 2025

Chalice Mining Limited has announced a change in the director’s interest, specifically involving Richard Hacker. On December 10, 2025, Mr. Hacker acquired 59,862 fully paid ordinary shares valued at $99,566.34. This change reflects the director’s increased stake in the company, which could signal confidence in Chalice Mining’s future prospects and potentially impact investor perception positively.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.75 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Restores Compliance with ASX Governance Standards
Dec 9, 2025

Chalice Mining Limited has announced an update regarding its compliance with ASX Listing Rule 12.7. The company had previously been non-compliant due to having a non-independent chair of its Audit Committee. To rectify this, Chalice has appointed Garret Dixon, an independent non-executive director, as the new chair, bringing the company back into compliance with ASX corporate governance standards. This change ensures the Audit Committee is composed of only non-executive directors, a majority of whom are independent, with an independent chairperson who is not the chairperson of the board, and at least three members.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Hosts Investor Conference on Gonneville Project PFS
Dec 7, 2025

Chalice Mining Limited announced a live investor conference call and webcast to discuss the Pre-Feasibility Study (PFS) results for its Gonneville Project. The event, led by Managing Director and CEO Alex Dorsch, aims to provide insights into the project’s progress and implications for stakeholders, highlighting the company’s strategic positioning in the mining sector.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Advances Gonneville Project with Pre-Feasibility Study
Dec 7, 2025

Chalice Mining has announced the completion of a Pre-Feasibility Study for its Gonneville Palladium-Nickel-Copper Project in Western Australia, highlighting its potential as a globally significant critical minerals mine. The study is based on a high percentage of Measured and Indicated Mineral Resources, with a small portion of Inferred Resources, indicating promising prospects for the project’s development and its impact on the company’s operations and industry positioning.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Announces Director’s Interest Change
Nov 20, 2025

Chalice Mining Limited has announced a change in the director’s interest, with Derek Noel La Ferla acquiring 300,000 unlisted options. This change follows shareholder approval at the company’s 2025 Annual General Meeting, potentially impacting the company’s governance and future strategic decisions.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Announces Director’s Interest Change
Nov 20, 2025

Chalice Mining Limited has announced a change in the director’s interest, specifically regarding Garret John Dixon, who has acquired 250,000 unlisted options. These options were issued following shareholder approval at the company’s 2025 Annual General Meeting, with a vesting date of 26 August 2027 and an exercise price of $2.60, expiring on 26 August 2028. This change reflects the company’s ongoing efforts to align its leadership’s interests with its strategic goals, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Announces Director’s Interest Change
Nov 20, 2025

Chalice Mining Limited announced a change in the director’s interest, specifically regarding Alexander Carl Dorsch’s indirect interests in securities. The change involves the acquisition of unlisted options and performance rights, which could impact the company’s operations by aligning executive incentives with long-term performance goals. This announcement may influence stakeholders’ perceptions of the company’s strategic direction and commitment to growth.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Announces Director’s Interest Change
Nov 20, 2025

Chalice Mining Limited has announced a change in the director’s interest involving Richard Hacker. The change includes the acquisition of 250,000 unlisted options with a vesting period ending in August 2027. This update reflects a strategic move in the company’s governance and may influence its financial positioning and stakeholder interests.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Enhances Employee Incentives with New Equity Issuance
Nov 20, 2025

Chalice Mining Limited announced the issuance of unquoted equity securities, including options and performance rights, as part of an employee incentive scheme. This strategic move is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives, potentially strengthening its operational capabilities and market position.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Secures Shareholder Approval for AGM Resolutions
Nov 20, 2025

Chalice Mining Limited announced that all resolutions proposed at its Annual General Meeting were passed by a poll, demonstrating strong shareholder support. This outcome reflects positively on the company’s governance and strategic direction, potentially enhancing its industry positioning and stakeholder confidence.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Advances Amid Strong Palladium Market
Nov 19, 2025

Chalice Mining’s Chair, Derek La Ferla, addressed the 2025 Annual General Meeting, highlighting the company’s progress amid a volatile year. The company has benefited from a strong rebound in palladium prices, driven by increased demand, particularly from China, and a tightening market for hybrid vehicles. This positive market context supports the advancement of Chalice’s Gonneville Project, which is well-positioned in a macro-economic environment favorable for palladium, nickel, and copper development.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Issues New Unquoted Options
Nov 5, 2025

Chalice Mining Limited announced the issuance of 400,000 unquoted options, exercisable at $2.96 and expiring on November 5, 2028. This strategic move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing capital and providing incentives for stakeholders.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

State Street Corporation Ceases Substantial Holding in Chalice Mining
Oct 24, 2025

Chalice Mining Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of October 22, 2025. This change in substantial holding could impact Chalice Mining’s shareholder structure and may influence future strategic decisions, reflecting a shift in investor confidence or strategy.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Advances Gonneville Project with Strong Financial Backing
Oct 20, 2025

Chalice Mining has reported a strong financial position with $76.4 million in cash and investments and no debt, fully funding its Gonneville Project through to a targeted Final Investment Decision in late 2027. The Gonneville Palladium-Nickel-Copper Project in Western Australia is advancing with a Pre-Feasibility Study nearing completion, and significant progress in regulatory approvals and offtake discussions. The project is set to become a major producer of palladium, nickel, and copper, with a focus on sustainability through hybrid power solutions and biodiversity offsets. Exploration activities continue with new drilling targets identified, highlighting the company’s commitment to expanding its resource base.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Announces 2025 Annual General Meeting Details
Oct 17, 2025

Chalice Mining Limited has announced its 2025 Annual General Meeting (AGM) scheduled for November 20, 2025, at the Vibe Hotel Subiaco Perth. The meeting will be held physically, and shareholders are encouraged to access the meeting materials electronically, as physical copies will not be dispatched unless specifically requested. This announcement highlights Chalice Mining’s commitment to maintaining shareholder engagement and transparency, while also adapting to modern communication preferences.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

Chalice Mining Announces Issuance of Unquoted Equity Securities
Oct 7, 2025

Chalice Mining Limited has announced the issuance and conversion of unquoted equity securities, with a total of 7,997 ordinary fully paid securities being issued in August 2025. This move reflects the company’s ongoing efforts to manage its equity and potentially strengthen its financial position, which could have implications for its operational capabilities and market standing.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

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.Date of analysis: Jan 04, 2026