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Charger Metals NL (AU:CHR)
ASX:CHR
Australian Market

Charger Metals NL (CHR) AI Stock Analysis

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AU:CHR

Charger Metals NL

(Sydney:CHR)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
AU$0.09
â–²(17.50% Upside)
Action:ReiteratedDate:01/10/26
The score is held back primarily by weak financial performance—ongoing losses and continued cash burn—despite a relatively low-debt balance sheet. Technicals are a meaningful positive (price above key moving averages with positive MACD), but valuation is constrained by negative earnings (negative P/E) and no stated dividend yield.
Positive Factors
Exposure to battery & critical minerals
Charger’s explicit focus on lithium and nickel aligns it with structural, multi-year demand drivers from EVs and energy storage. This commodity positioning supports durable strategic relevance, enhances prospect valuation potential, and increases partner interest for farm-outs or JV deals over the medium term.
Low leverage and sizeable equity base
A low debt burden and a meaningful equity base provide funding flexibility for ongoing exploration and technical studies without immediate insolvency risk. This balance-sheet strength reduces financing pressure, supports staged project investment and makes the company a more credible partner in farm-outs or JVs.
Initial revenue indicates project progression
Recording modest revenue in FY2025 signals movement beyond pure greenfield exploration toward early commercial activity or monetisation pathways. While small, this transition can materially de-risk the business model if sustained or expanded via further drilling results, licences, or partner agreements.
Negative Factors
Negative cash generation and deep free cash burn
Consistent negative operating cash flow and materially negative free cash flow indicate the business consumes cash to fund exploration and operations. This persistent burn constrains self-funding of drilling and studies, increases reliance on external capital, and raises dilution or execution risk for multi-stage projects.
Persistent net losses and operating deficit
Ongoing net losses reflect that operating expenses continue to outstrip revenues, eroding equity and returns. Persistent unprofitability limits internal reinvestment capacity, makes long-term sustainability dependent on successful asset monetisation or external funding, and weakens negotiating leverage with partners.
Early-stage resource and execution risk
The company’s business model relies on discovery, resource definition and third-party transactions. Exploration outcomes, permitting, and partner appetite are uncertain and multi-year. Dependence on farm-outs or asset sales concentrates execution risk and timing uncertainty for converting prospects into value.

Charger Metals NL (CHR) vs. iShares MSCI Australia ETF (EWA)

Charger Metals NL Business Overview & Revenue Model

Company DescriptionCharger Metals NL engages in the exploration for battery metals. The company explores for nickel, copper, cobalt, lithium, gold, and platinum group elements. Its project portfolio includes a 70% interest in the Coates project and the Lake Johnston project in the western Australia; and the Bynoe lithium and gold project in the northern Territory. The company was incorporated in 2020 and is based in Subiaco, Australia.
How the Company Makes MoneyCharger Metals NL generates revenue through the exploration and development of mineral properties, primarily focused on nickel, copper, and PGEs. The company's primary revenue streams include the sale of extracted minerals to industrial partners and the potential for joint ventures or partnerships with larger mining companies. Additionally, Charger Metals may engage in licensing or royalty agreements, where they earn income by allowing other companies to develop and extract resources from their properties. Revenue generation is highly dependent on successful exploration results, mineral market prices, and the company's ability to effectively manage operational costs and project timelines.

Charger Metals NL Financial Statement Overview

Summary
Financials remain weak overall: FY2025 introduced modest revenue (A$176k) but the company is still loss-making (net loss ~A$2.25m) with persistent negative operating results. Cash flow is a key concern with negative operating cash flow (~-A$0.93m) and deeply negative free cash flow (~-A$3.12m). Offsetting this, the balance sheet is relatively supportive with very low leverage (debt-to-equity ~0.4%) and a sizeable equity base (~A$11.8m).
Income Statement
18
Very Negative
Revenue appears only in FY2025 (A$176k) after several years at zero, showing progress but from a very small base. Profitability remains weak: FY2025 net loss was ~A$2.25m with negative operating profit, and losses have persisted across all provided years. While the reported gross profit is positive in FY2025, operating expenses continue to overwhelm the revenue base, indicating the business is still in an early, loss-making phase.
Balance Sheet
62
Positive
The balance sheet is a relative strength, with very low leverage (debt-to-equity ~0.4% in FY2025 and ~0.7% in FY2024). Equity is sizeable (~A$11.8m in FY2025) and assets are ~A$12.2m, suggesting meaningful funding capacity and limited balance-sheet financial risk from debt. The key weakness is ongoing value erosion from losses, reflected in consistently negative returns on equity.
Cash Flow
24
Negative
Cash generation is weak, with negative operating cash flow every year provided (FY2025 ~-A$0.93m) and deeply negative free cash flow (FY2025 ~-A$3.12m), consistent with a cash-consuming business. Free cash flow improved versus FY2024, but it remains materially negative, implying continued reliance on external funding or cash reserves to sustain operations and investment.
BreakdownJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue176.06K0.000.000.000.00
Gross Profit176.06K-84.50K-21.00K-1.95K0.00
EBITDA118.08K-2.29M-1.56M-1.72M-379.86K
Net Income-2.25M-2.38M-1.58M-1.72M-379.86K
Balance Sheet
Total Assets12.20M13.74M12.04M7.66M515.82K
Cash, Cash Equivalents and Short-Term Investments2.68M3.30M4.26M3.47M79.99K
Total Debt47.43K89.40K0.000.000.00
Total Liabilities444.55K484.54K799.18K255.67K438.72K
Stockholders Equity11.75M13.26M11.24M7.40M77.10K
Cash Flow
Free Cash Flow-3.12M-7.23M-4.38M-2.32M-238.08K
Operating Cash Flow-927.44K-1.25M-1.19M-1.01M-170.06K
Investing Cash Flow-325.03K-3.37M-3.19M-1.31M-68.02K
Financing Cash Flow626.78K3.66M5.17M5.71M318.07K

Charger Metals NL Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.08
Price Trends
50DMA
0.11
Negative
100DMA
0.09
Negative
200DMA
0.07
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
37.00
Neutral
STOCH
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CHR, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.00 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CHR.

Charger Metals NL Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
AU$8.27M-4.53-18.01%――20.70%
46
Neutral
AU$9.98M-6.67-9.11%――6.25%
46
Neutral
AU$8.74M―-50.07%――-733.33%
44
Neutral
AU$11.29M-1.32-74.67%――71.25%
43
Neutral
AU$8.18M-0.57-72.76%――-1.73%
41
Neutral
AU$5.04M-0.27-157.99%――57.55%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CHR
Charger Metals NL
0.09
0.04
84.00%
AU:VAR
Variscan Mines Limited
0.01
0.00
0.00%
AU:MQR
Marquee Resources Ltd
0.01
0.00
0.00%
AU:EV1
Evolution Energy Minerals Limited
0.01
0.00
0.00%
AU:AYT
Austin Metals Limited
―
―
―
AU:IMI
Infinity Mining Limited
0.01
0.00
0.00%

Charger Metals NL Corporate Events

Charger Metals Confirms Very High-Grade Gold at Xmas Discovery in Lake Johnston
Feb 26, 2026

Charger Metals has reported further assay results confirming the very high-grade nature of its Xmas Gold Discovery within the Lake Johnston Lithium and Gold Project in Western Australia. New one-metre split assays from RC hole CLGRC022 returned 3 metres at 18.0 grams per tonne gold and 9.15 grams per tonne silver from 135 metres, including 1 metre at 41.5 grams per tonne gold and 26.5 grams per tonne silver.

Additional assays from the Richard Gold Prospect delivered 7 metres at 1.24 grams per tonne gold from 60 metres, including 3 metres at 2.12 grams per tonne, while a follow-up diamond hole up-dip from CLGRC022 has been completed with samples at the laboratory. With 1,300 metres of a planned 3,000-metre RC and diamond drill program now finished, the company is advancing systematic drilling across a more than 2-kilometre, largely untested trend, potentially enhancing the gold prospectivity and strategic importance of the under-explored Lake Johnston greenstone belt for investors and regional miners.

The most recent analyst rating on (AU:CHR) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Charger Metals NL stock, see the AU:CHR Stock Forecast page.

Charger Metals Seeks ASX Quotation for 11.7 Million New Shares
Feb 3, 2026

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 Issues 750,000 New Shares Following Conversion of Unquoted Securities
Feb 3, 2026

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 Confirms Compliance Following Share Placement Under Section 708A
Feb 3, 2026

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 Updates Managing Director’s Equity Holdings Following Performance Rights Conversion
Feb 3, 2026

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 Tightens Grip on Lake Johnston as Drilling Uncovers High-Grade Gold
Jan 30, 2026

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 Regains Full Control of Lake Johnston as Medcalf Mining Lease and High-Grade Gold Results Advance
Jan 30, 2026

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 Showcases Expanding Lithium and Gold Portfolio in Investor Update
Jan 27, 2026

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 Plans Equity Raising via Issue of 11.7 Million New Shares
Jan 27, 2026

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 Raises $1.35m to Fast-Track Lake Johnston Lithium and Gold Drilling
Jan 27, 2026

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 Halts Trading Ahead of Capital Raising Announcement
Jan 21, 2026

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 to Launch New Drilling at Xmas Gold Discovery and Medcalf Lithium Deposit
Jan 19, 2026

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 Completes Partly Paid Share Call and Auction, Raising Additional Capital
Jan 16, 2026

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 Director Adjusts Indirect Holdings Through Partly Paid Share Conversion
Jan 15, 2026

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 Boosts Cash Position Through Partly Paid Share Conversions
Jan 15, 2026

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 Boosts Cash Position Through Partly Paid Share Conversions
Jan 12, 2026

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 Director Restructures Partly Paid Share Holdings
Jan 8, 2026

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 Transitions Partly Paid Shares and Schedules Auction for Unpaid CHRCA Stock
Dec 30, 2025

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 Unveils High-Grade Xmas Gold Discovery at Lake Johnston
Dec 29, 2025

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 Lodges Mining Lease for Expanding Medcalf Lithium Project at Lake Johnston
Dec 29, 2025

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 Requests Trading Halt Ahead of Lake Johnston Exploration Update
Dec 24, 2025

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 Sets New ASX Code for Partly Paid Shares
Dec 23, 2025

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 Announces New Corporate Action on Partly Paid Shares
Dec 10, 2025

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 Announces Call on Partly Paid Shares to Fund Resource Development
Dec 10, 2025

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 Retains Full Ownership of Lake Johnston Project
Dec 10, 2025

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 Initiates Trading Halt for Major Announcement
Dec 8, 2025

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 Announces Change in Director’s Interest
Dec 3, 2025

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.

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 10, 2026