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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

Charger Metals NL

(Sydney:CHR)

Rating:33Underperform
Price Target:
Charger Metals NL has substantial challenges, primarily due to a lack of revenue and ongoing financial losses. The technical indicators show a bearish trend, and valuation metrics are unfavorable with a negative P/E ratio. Despite a stable equity position, the negative cash flow and reliance on external financing pose significant risks. Overall, the stock is currently not an attractive investment.

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

Charger Metals NL Business Overview & Revenue Model

Company DescriptionCharger Metals NL (CHR) is an Australian-based mineral exploration company focused on the discovery and development of high-grade nickel, copper, and platinum group elements (PGE) assets. Operating primarily in Australia, the company is engaged in identifying and acquiring promising mineral properties with the potential for significant resource development. Through strategic exploration and development activities, Charger Metals aims to capitalize on the growing demand for these essential commodities used in various industrial applications, including electric vehicle batteries and renewable energy technologies.
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
Charger Metals NL faces significant financial challenges with no revenue generation and ongoing losses. The balance sheet shows a solid equity base with minimal leverage, providing some financial stability. However, the negative cash flow and dependence on external financing highlight liquidity concerns. The company needs to address its revenue generation and operational efficiency to improve its financial outlook.
Income Statement
10
Very Negative
Charger Metals NL has consistently reported zero revenue, indicating no sales activity. The company has significant negative net income, EBIT, and EBITDA, highlighting operational inefficiencies and a lack of profitability. The gross profit is negative, suggesting that the company's core operations are not covering costs, which is a major concern for future profitability.
Balance Sheet
30
Negative
The company maintains a strong equity position with minimal debt, as evidenced by a low debt-to-equity ratio. However, the return on equity is negative due to ongoing net losses, raising concerns about the company's ability to create value for shareholders. The equity ratio is robust, indicating financial stability, but the lack of revenue generation remains a key risk.
Cash Flow
20
Very Negative
Charger Metals NL is experiencing negative free cash flow, exacerbated by significant capital expenditures. The operating cash flow is also negative, reflecting challenges in sustaining operations. The reliance on financing activities to support cash flow needs indicates potential liquidity risks if external funding becomes constrained.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021
Income StatementTotal Revenue
12.13K0.000.000.000.00
Gross Profit
-51.55K-84.50K-21.00K-1.95K0.00
EBIT
-1.90M-2.15M-1.60M-1.71M-379.86K
EBITDA
-2.08M-2.29M-1.56M-1.72M0.00
Net Income Common Stockholders
-3.33M-2.38M-1.58M-1.72M-379.86K
Balance SheetCash, Cash Equivalents and Short-Term Investments
4.10M3.30M4.26M3.47M79.99K
Total Assets
14.37M13.74M12.04M7.66M515.82K
Total Debt
1.20M89.40K0.000.000.00
Net Debt
-2.90M-3.21M-4.26M-3.47M-79.99K
Total Liabilities
1.40M484.54K799.18K255.67K438.72K
Stockholders Equity
12.97M13.26M11.25M7.40M77.10K
Cash FlowFree Cash Flow
-2.88M-7.23M-4.38M-2.32M-238.08K
Operating Cash Flow
-1.17M-1.25M-1.19M-1.01M-170.06K
Investing Cash Flow
-1.02M-3.37M-3.19M-1.31M-68.02K
Financing Cash Flow
580.47K3.66M5.17M5.71M318.07K

Charger Metals NL Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.05
Negative
200DMA
0.06
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
42.55
Neutral
STOCH
>-0.01
Positive
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 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.55 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, 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 (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCXO
53
Neutral
$192.87M-21.25%-70.50%62.71%
51
Neutral
$2.03B-1.13-21.36%3.65%2.87%-30.54%
AULKE
48
Neutral
$54.66M-19.25%65.04%
AUGL1
42
Neutral
AU$39.26M-2.83%-6.51%
AUINR
38
Underperform
$270.90M-4.75%-175.00%
AUCHR
33
Underperform
AU$5.23M-26.57%-29.75%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CHR
Charger Metals NL
0.04
-0.02
-33.33%
AU:INR
ioneer Limited
0.12
-0.06
-32.35%
AU:LKE
Lake Resources N.L.
0.03
-0.02
-44.44%
AU:CXO
Core Lithium Ltd
0.09
-0.01
-11.00%
AU:GL1
Global Lithium Resources Ltd.
0.14
-0.17
-54.84%

Charger Metals NL Corporate Events

Charger Metals NL Reports Quarterly Cash Flow with Focus on Exploration Investments
Apr 30, 2025

Charger Metals NL reported its quarterly cash flow, indicating a net cash outflow from operating activities amounting to $182,000 for the current quarter and $920,000 for the year to date. The company also experienced a net cash outflow from investing activities, primarily due to exploration and evaluation expenses, totaling $517,000 for the quarter. Despite these outflows, Charger Metals NL secured $774,000 from financing activities, which helped mitigate the overall cash decrease. These financial movements reflect the company’s ongoing investment in its exploration projects and its reliance on financing to support operations.

Charger Metals Advances Exploration at Lake Johnston Lithium Project
Apr 30, 2025

Charger Metals NL has announced its quarterly activities report for March 2025, highlighting significant developments in its Lake Johnston Lithium Project in Western Australia. The company has agreed on a $1.1 million exploration program with Rio Tinto Exploration Pty Limited, which includes 5,000 meters of planned drilling to test priority targets. High-grade lithium was intersected at the Medcalf West Prospect, and potential economic gold mineralization was identified at the Mt Gordon tenement. The exploration efforts are funded by Rio Tinto under a farm-in agreement, allowing Charger to advance its projects despite a downturn in lithium prices. The company holds cash reserves of $1.78 million and continues to seek new project opportunities in the gold and battery metals sectors.

Charger Metals NL Director Increases Stake Significantly
Mar 28, 2025

Charger Metals NL has announced a change in the director’s interest, with Terry James Gardiner acquiring 105,191 fully paid ordinary shares through on-market trades. This acquisition reflects a significant increase in Gardiner’s stake in the company, potentially indicating confidence in the company’s future performance and stability, which could have implications for stakeholders and market perception.

Charger Metals Uncovers Gold Potential at Mt Gordon
Mar 26, 2025

Charger Metals NL has announced promising gold mineralisation potential at the Mt Gordon Prospect within its Lake Johnston Project. A recent desktop study highlighted significant gold intercepts from historic drilling, which were not adequately followed up. The company has identified several areas of interest and is planning further field work to explore these gold targets. This development could enhance Charger Metals’ positioning in the mining industry by potentially uncovering a broader gold system, which may have implications for stakeholders interested in the company’s exploration activities.

Charger Metals and Rio Tinto Exploration Confirm 2025 Exploration Program for Lake Johnston
Mar 19, 2025

Charger Metals NL has confirmed a 2025 exploration program for the Lake Johnston Lithium Project, with a budget of $1.1 million funded by Rio Tinto Exploration Pty Limited (RTX). The program includes approximately 5,000 meters of drilling to test priority lithium targets at Mt Day, Mt Gordon, and Pagrus prospects. This agreement allows Charger to continue exploration during a downturn in lithium prices, highlighting the potential of its lithium targets and strengthening its partnership with RTX.

Charger Metals Unveils High-Grade Lithium Discovery at Lake Johnston
Feb 7, 2025

Charger Metals NL announced the successful identification of further high-grade lithium mineralization at its Medcalf West Prospect in the Lake Johnston Lithium Project. The assay results from recent drilling confirm significant lithium deposits, with the best results showing 11 meters at 1.80% Li2O. This discovery strengthens Charger Metals’ position in the lithium market and is supported by a farm-in agreement with Rio Tinto Exploration Pty Limited, potentially enhancing the project’s development and attractiveness to stakeholders.

Charger Metals Uncovers High-Grade Lithium at Lake Johnston Project
Feb 5, 2025

Charger Metals NL announced significant high-grade lithium findings at its Medcalf West Prospect within the Lake Johnston Project, with notable drill results confirming the presence of lithium mineralisation in spodumene-bearing pegmatites. These discoveries enhance the project’s potential and suggest an extension of high-grade mineralisation. Additionally, Charger has started a diamond drilling program at the Mt Day Prospect, which is a large target area with promising lithium potential, indicating continued efforts to expand its lithium resource base.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.