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Charger Metals NL
(Sydney:CHR)
Charger Metals NL (CHR) vs. iShares MSCI Australia ETF (EWA)
Charger Metals NL Business Overview & Revenue Model
Charger Metals NL Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 176.06K | 176.06K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 176.06K | 176.06K | -84.50K | -21.00K | -1.95K | 0.00 |
| EBITDA | 118.08K | 118.08K | -2.29M | -1.56M | -1.72M | -379.86K |
| Net Income | -2.25M | -2.25M | -2.38M | -1.58M | -1.72M | -379.86K |
Balance Sheet | ||||||
| Total Assets | 12.20M | 12.20M | 13.74M | 12.04M | 7.66M | 515.82K |
| Cash, Cash Equivalents and Short-Term Investments | 2.68M | 2.68M | 3.30M | 4.26M | 3.47M | 79.99K |
| Total Debt | 47.43K | 47.43K | 89.40K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 444.55K | 444.55K | 484.54K | 799.18K | 255.67K | 438.72K |
| Stockholders Equity | 11.75M | 11.75M | 13.26M | 11.24M | 7.40M | 77.10K |
Cash Flow | ||||||
| Free Cash Flow | -2.64M | -3.12M | -7.23M | -4.38M | -2.32M | -238.08K |
| Operating Cash Flow | -927.44K | -927.44K | -1.25M | -1.19M | -1.01M | -170.06K |
| Investing Cash Flow | -325.03K | -325.03K | -3.37M | -3.19M | -1.31M | -68.02K |
| Financing Cash Flow | 626.78K | 626.78K | 3.66M | 5.17M | 5.71M | 318.07K |
Charger Metals NL Technical Analysis
Charger Metals NL 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% | |
52 Neutral | AU$9.44M | -5.17 | -18.01% | ― | ― | 20.70% | |
46 Neutral | AU$9.98M | -6.67 | -9.11% | ― | ― | 6.25% | |
46 Neutral | AU$11.83M | -1.91 | -74.67% | ― | ― | 71.25% | |
46 Neutral | AU$7.92M | ― | -50.07% | ― | ― | -733.33% | |
43 Neutral | AU$7.36M | -0.57 | -72.76% | ― | ― | -1.73% | |
42 Neutral | AU$5.08M | -0.27 | -157.99% | ― | ― | 57.55% |
Charger Metals NL Corporate Events
Charger Metals NL has applied to the ASX for quotation of 11,725,538 new fully paid ordinary shares under the code CHR. The additional securities, issued following previously announced transactions, will expand the company’s quoted capital base, potentially enhancing liquidity in its stock and supporting its capacity to fund ongoing corporate and project activities.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has notified the market of the issue of 750,000 new ordinary fully paid shares following the conversion or exercise of previously unquoted equity securities. The move modestly increases the company’s share capital and reflects the utilisation of existing options or convertible instruments, which may slightly dilute existing shareholders while providing additional equity funding and signalling internal confidence in the company’s prospects.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has issued 11,725,538 fully paid ordinary shares under a previously announced placement and has provided the required notice under Section 708A of the Corporations Act. The company confirmed that the shares were issued without a disclosure document, that it is compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information to be disclosed, signalling procedural transparency around the capital raising for current and prospective investors.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has disclosed a change in Managing Director Bryan Dixon’s indirect interests in the company’s securities, reflecting internal restructuring of how his holdings are registered and the vesting of performance-based equity. The adjustments include the transfer of 225,000 fully paid ordinary shares into an indirect holding structure and the conversion of 750,000 vested Class B performance rights into fully paid ordinary shares under his managing director and CEO services contract, modestly increasing the number of ordinary shares held through related entities and aligning his remuneration more closely with shareholder outcomes.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals has amended an error in its December 2025 Quarterly Activities Report relating to drill results at the Richard Gold Prospect, clarifying an intercept of 8 metres at 0.86 grams per tonne gold from 60 metres. In its quarterly update, the company confirmed it has retained full ownership of the Lake Johnston Lithium and Gold Project following Rio Tinto Exploration’s withdrawal after funding $4.2 million of exploration, equity subscription and cash payments, and reported progress toward future mine development via a mining lease application over the Medcalf spodumene deposit and adjacent exploration target. Recent drilling at Lake Johnston returned high-grade gold intercepts at the under-explored Xmas Gold Discovery and additional gold mineralisation at the Richard Gold Prospect, with a further 3,000-metre diamond and reverse circulation drilling program now underway, while the company ended the quarter with $1.39 million in cash and has subsequently secured $2.26 million in additional funding, supporting ongoing exploration and project advancement.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals has retained 100% ownership and control of its Lake Johnston Lithium and Gold Project after Rio Tinto Exploration withdrew from a farm-in agreement, under which it had already funded $4.2 million in exploration, subscribed $1.2 million in equity and paid $1 million in cash to Charger. During the December quarter, the company lodged a mining lease application over the Medcalf Spodumene Deposit and the Medcalf West exploration target, progressed a new ~3,000m diamond and RC drilling program to expand the maiden 8.2Mt at 1.0% Li2O resource, and reported high-grade intersections from the under-explored Xmas Gold Discovery, all while bolstering its balance sheet with post-quarter placement commitments that leave it tightly held with a modest market capitalisation.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals has released an investor presentation outlining its active exploration and development pipeline across multiple lithium and gold projects, emphasizing its undeveloped spodumene resource base and recent progress at Lake Johnston, Medcalf, and Bynoe. The update consolidates a series of ASX announcements detailing high‑grade lithium and gold discoveries, drilling campaigns, resource definition work, farm‑in arrangements with Rio Tinto at Lake Johnston, and a recently lodged mining lease application, underscoring the company’s transition from pure exploration toward potential project development and reinforcing its strategic positioning in Australia’s lithium sector.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has announced plans to issue up to 11,725,538 new fully paid ordinary shares under a proposed placement or similar equity raising, with the new securities expected to be issued on 2 February 2026. The capital raising signals an effort by the ASX-listed company to strengthen its balance sheet and fund ongoing activities, with the enlarged share base potentially diluting existing holders but providing additional financial flexibility for future operations and growth initiatives.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has secured firm commitments for a $1.35 million share placement at $0.115 per share, alongside $914,000 received from calls on partly paid shares in January, leaving the explorer well funded to accelerate work at its Lake Johnston Lithium and Gold Project. The capital will support approximately 3,000 metres of diamond and reverse circulation drilling across the high-grade Xmas Gold Discovery, the Medcalf Lithium Deposit and Medcalf West, as well as further drill permitting, advancement of the Medcalf mining lease application and metallurgical testwork planned to start next month. A drilling contract has been signed and a diamond rig is mobilising to site to follow up on the Xmas Gold Discovery, where recent results included 12m at 6.55 g/t gold from 132m within a largely untested 2km trend, underscoring the project’s exploration upside and the company’s efforts to expand its maiden spodumene resource while retaining full ownership of Lake Johnston.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has requested and been granted a trading halt on its securities on the ASX as it prepares an announcement regarding a capital raising. The halt will remain in place until the capital-raising announcement is released or until trading resumes on 27 January 2026, signaling that the company is likely seeking fresh funding that could influence its capital structure and future exploration and development activities, with implications for existing shareholders and potential new investors.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals has reported further encouraging assay results from its Richard Gold Prospect at the Lake Johnston Lithium and Gold Project, including an intercept of 8m at 0.86 g/t gold from recent drilling, adding to historical high-grade gold intercepts in the area. The company has secured approvals and signed a contract for a ~3,000m combined diamond and reverse circulation drill program starting in January 2026 to follow up the high-grade Xmas Gold Discovery, test additional gold targets along a largely untested 2km trend, and extend mineralisation at the Medcalf Spodumene Deposit down plunge and down dip, underscoring its strategy to grow both its gold potential and the scale of its maiden lithium resource at Lake Johnston.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has confirmed that 41,855,181 partly paid shares, now designated as CHRCB, transitioned from CHRCA status after shareholders paid a $0.02 call per share, delivering approximately $837,104 in additional cash to the company with a strong 98% uptake. A remaining 853,579 CHRCA partly paid shares, where the call was not met, were forfeited, returned to the company and auctioned by the directors in accordance with its constitution, raising a further $35,268 before costs and any refunds, thereby completing the funding process for this call and modestly strengthening Charger Metals’ balance sheet while simplifying its partly paid share register.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has disclosed a change in director Tim Armstrong’s indirect holdings in the company’s partly paid shares and options, as required under ASX listing rules. The transaction involved paying a $0.02 call on existing CHRCA partly paid shares, resulting in the transition of 2,000,000 CHRCA partly paid shares to CHRCB partly paid shares held via Anglesea Holdings Pty Ltd, and the forfeiture of 50,000 unpaid CHRCA shares, while his unlisted options position via KFA Consortium Pty Ltd remains unchanged; the notice signals an internal reclassification and consolidation of the director’s equity position rather than a new on‑market acquisition or disposal.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has secured approximately $833,041 in additional funding following a 97.5% uptake of a $0.02 call on its CHRCA partly paid shares, which have now largely transitioned into CHRCB partly paid shares paid to $0.04 and unpaid $0.08. A small remainder of CHRCA partly paid shares that remain unpaid will be forfeited, auctioned and managed under the company’s constitution, while existing CHRCB holders retain the option to convert their holdings into fully paid ordinary shares, potentially providing a further $3.36 million in capital and enhancing the company’s financial flexibility for future activities.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has reported a successful uptake of a capital call on its partly paid CHRCA shares, with 40,570,551 shares transitioning to the CHRCB class following payment of a $0.02 call, raising approximately $811,411 before costs at a 95% participation rate. A remaining 2,138,209 CHRCA partly paid shares have been delisted, with holders still able to pay the outstanding call until 14 January 2026 before unpaid shares are forfeited and sold at public auction, while 750,000 CHRCB shares have had the unpaid $0.08 converted to fully paid status, adding $60,000 in cash and leaving scope for a further $3.36 million in potential funding if all CHRCB holders fully pay their balances, strengthening the company’s funding flexibility and capital structure.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has disclosed a change in Director Adrian Griffin’s interests in the company’s partly paid shares, following the payment of a $0.02 call on existing CHRCA partly paid shares that resulted in their transition to a new class of CHRCB partly paid shares. After this transaction, Griffin and his associated entities retain the same overall economic exposure to the company through a mix of fully paid ordinary shares, partly paid shares and performance rights, but with the partly paid holdings now reclassified as CHRCB, signalling an administrative capital-structure adjustment rather than a change in underlying ownership.
The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.
Charger Metals NL has confirmed that 33,764,699 partly paid shares have transitioned from the CHRCA class to a new CHRCB class following payment of a $0.02 call per CHRCA share, delivering approximately $675,294 in additional cash to the company at a 79% uptake. The remaining 8,944,061 CHRCA partly paid shares, which are now de-listed, can still be paid up by shareholders until 14 January 2026, after which any unpaid shares will be forfeited, auctioned on 16 January 2026, and subsequently dealt with under the company’s constitution, affecting the final composition of the company’s capital base and potentially the liquidity of its partly paid securities.
Charger Metals has reported a high-grade maiden gold discovery, named the Xmas Gold Discovery, on its 100%-owned Mt Gordon tenement within the Lake Johnston Lithium and Gold Project in Western Australia, highlighted by an intercept of 12 metres at 6.55 grams per tonne gold from 132 metres, including 4 metres at 16.9 grams per tonne. The discovery, located within a 1.8km by 1.7km soil anomaly containing five gravity and magnetic targets and little historical drilling, materially upgrades the gold prospectivity of the broader Mt Gordon area and adds a new growth front alongside Charger’s existing lithium resource ambitions at Lake Johnston, with further assay results pending from 1,980 metres of RC drilling and an expanded RC and diamond drill campaign scheduled to start in January 2026.
Charger Metals has lodged a mining lease application (ML 63/691) over its 100%-owned Medcalf lithium deposit and the adjacent Medcalf West exploration target at the Lake Johnston Lithium and Gold Project in Western Australia, covering 3,644 hectares on Ngadju traditional lands. The lease area includes the maiden Medcalf Mineral Resource Estimate of 8.2 million tonnes at 1.0% Li2O and the conceptual Medcalf West exploration target, with both areas remaining open for expansion. Charger plans to begin a fully permitted diamond and reverse circulation drilling program in January 2026 to test extensions of the existing resource and the underexplored Medcalf West zone. Management highlights that Medcalf sits in the world’s largest spodumene province, within trucking distance of four spodumene concentrate plants and near the Port of Esperance, and notes the recent rebound in spodumene concentrate prices as supportive of potential development, underscoring the project’s potential to grow into a resource comparable with other major Yilgarn lithium deposits under feasibility and development.
Charger Metals NL has requested a trading halt on its securities on the ASX pending the release of exploration results from its Lake Johnston Project. The halt, granted under ASX Listing Rule 17.1, will remain in place until the company publishes the results or until trading resumes no later than the start of the session on 30 December 2025, signalling that the forthcoming exploration update may be material for investors and the company’s project pipeline.
Charger Metals NL has advised the market that its partly paid shares, which have been paid up to $0.04 with $0.08 unpaid, will now trade on the ASX under the new code CHRCB, replacing the existing CHRCA partly paid shares paid to $0.02 with $0.10 unpaid. The CHRCA partly paid shares will cease trading on 23 December 2025, and the company has reminded holders that the previously announced $0.02 per partly paid share call on CHRCA is due on 24 December 2025, a step that regularises this class of securities and clarifies the trading structure for shareholders.
Charger Metals NL has announced a new corporate action involving its partly paid shares, which are currently paid to $0.02 with an unpaid balance of $0.10. The announcement details the call installment due date set for December 24, 2025, and specifies that the securities in question are non-liability, indicating a structured approach to managing shareholder obligations.
Charger Metals NL has announced a call on its partly paid shares, seeking to raise up to $854,175. Shareholders must pay $0.02 per share by December 24, 2025, or risk forfeiture of their shares. The funds raised will support drilling, metallurgical work, and mining lease applications, indicating a strategic push in resource development. Directors have disclosed their intent to pay the call on part of their holdings, signaling confidence in the company’s future prospects.
Charger Metals NL announced the termination of its farm-in agreement with Rio Tinto Exploration Pty Limited, retaining full ownership of the Lake Johnston Lithium and Gold Project. This move allows Charger to maintain autonomy over its exploration activities, with plans to commence further drilling to expand its lithium resources. The company sees significant potential in the Medcalf and Medcalf West areas, aiming to grow its resource base to match other deposits in the Yilgarn region.
Charger Metals NL has requested a trading halt on its securities pending an important announcement regarding a project update and proposed capital raising. This move indicates potential strategic developments that could impact the company’s operations and market positioning, with implications for stakeholders as the company prepares to unveil significant updates.
Charger Metals NL announced a change in the director’s interest, specifically involving Bryan Dixon. The announcement detailed the acquisition of 3,250,000 Performance Rights and the lapse of 133,334 Performance Shares Tranche C. This change reflects strategic adjustments in the company’s securities, approved by shareholders at the recent Annual General Meeting, potentially impacting the company’s operational dynamics and shareholder value.
Charger Metals NL has announced the issuance of 3,250,000 performance rights as part of an employee incentive scheme. These securities are unquoted and not intended for trading on the ASX, indicating a strategic move to motivate and retain key personnel, potentially impacting the company’s operational efficiency and stakeholder interests.
Charger Metals NL announced the cessation of 583,337 performance rights due to unmet conditions, impacting the company’s issued capital. This development may influence the company’s financial structuring and stakeholder interests, as it reflects on the company’s ability to meet specific performance targets.
Charger Metals NL has announced the cessation of 2,500,000 performance rights, which were canceled by mutual agreement between the entity and the holder. This development may impact the company’s capital structure and could be indicative of strategic adjustments in its operations, potentially affecting stakeholders’ interests.
Charger Metals NL held its 2025 Annual General Meeting, where several resolutions were voted on by shareholders. Notably, the resolution to adopt the Remuneration Report received more than 25% of votes against it, marking a first strike under the Corporations Act. Other resolutions, including the re-election and election of directors and approval of performance rights, were carried, while the proposal for a 10% placement capacity was not approved. The outcomes of these resolutions could impact the company’s governance and strategic direction.
Charger Metals NL has recently completed a lithium and gold exploration drill program at Lake Johnston, highlighting the company’s ongoing efforts to expand its resource base. The announcement underscores the company’s strategic focus on lithium and gold exploration, potentially enhancing its market position and offering promising prospects for stakeholders.
Charger Metals NL has initiated a 3,000-meter Reverse Circulation drilling program at the Lake Johnston Project, targeting lithium, gold, and niobium prospects at the Mt Gordon Prospect. The drilling, funded by Rio Tinto Exploration, focuses on a significant niobium anomaly identified through soil sampling and enhanced geophysical data processing. This initiative marks a strategic step in exploring potential dense intrusive bodies, such as carbonatites, which could enhance the company’s resource base and industry positioning.
Charger Metals NL has announced the commencement of a reverse circulation drilling program at its Lake Johnston Lithium and Gold Project, targeting five priority lithium and gold targets. This initiative is funded by Rio Tinto Exploration as part of a farm-in agreement. Additionally, Charger is initiating a separate drilling program at the Richard Gold Prospect, aiming to explore gold potential that has been underexplored since 2012. The presence of significant gold intercepts and anomalous gold zones suggests a promising opportunity for discovering a broader gold system, which could enhance the company’s positioning in the mining sector.