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Cosmo Metals Limited
(Sydney:CMO)
Cosmo Metals Limited (CMO) vs. iShares MSCI Australia ETF (EWA)
Cosmo Metals Limited Business Overview & Revenue Model
Cosmo Metals Limited Financial Statement Overview
| Breakdown | |||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|
| Income Statement | Total Revenue | ||
| 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | -20.81K | -19.66K | -2.96K | EBIT |
| ― | -574.33K | -698.27K | -1.10M | EBITDA |
| ― | -596.64K | -678.61K | -1.10M | Net Income Common Stockholders |
| ― | -1.47M | -686.63K | -1.10M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||
| 643.06K | 1.28M | 612.45K | 3.06M | Total Assets |
| 10.55M | 10.80M | 9.26M | 9.20M | Total Debt |
| 627.96K | 0.00 | 0.00 | 0.00 | Net Debt |
| -15.10K | -1.28M | -612.45K | -3.06M | Total Liabilities |
| 873.71K | 682.41K | 347.33K | 121.86K | Stockholders Equity |
| 9.68M | 10.11M | 8.91M | 9.07M |
| Cash Flow | Free Cash Flow | ||
| ― | -1.56M | -3.06M | -1.64M | Operating Cash Flow |
| ― | -579.78K | -601.86K | -585.59K | Investing Cash Flow |
| ― | -979.18K | -2.41M | -1.05M | Financing Cash Flow |
| ― | 2.23M | 564.47K | 4.69M |
Cosmo Metals Limited Technical Analysis
Cosmo Metals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $5.23B | 39.23 | 5.11% | ― | 42.05% | ― | |
64 Neutral | AU$3.12B | 1,418.92 | -36.53% | 12.62% | -28.50% | -532.61% | |
51 Neutral | $1.99B | -1.26 | -21.11% | 5.30% | 2.92% | -30.46% | |
20 Underperform | AU$5.15M | ― | -18.14% | ― | ― | -48.84% |
Cosmo Metals Limited Corporate Events
Cosmo Metals Ltd has experienced a change in the voting power of its substantial holder, Cumulus Wealth. The voting power of Cumulus Wealth in Cosmo Metals has decreased from 15.67% to 13.67%, despite an increase in the number of shares held. This change may impact the company’s governance and decision-making processes.
Cosmo Metals Limited announced a proposed issue of securities, including 833,334 options expiring in 2028 and 3,333,334 fully paid ordinary shares. This move aims to strengthen the company’s capital base, potentially enhancing its operational capabilities and market position. The issuance is expected to provide additional financial resources to support ongoing and future projects, which could have positive implications for stakeholders by potentially increasing the company’s market value and operational reach.
Cosmo Metals Limited has issued 39,800,000 fully paid ordinary shares without requiring disclosure to investors under the Corporations Act. The company confirms compliance with relevant provisions of the Corporations Act and states it holds no undisclosed information that needs to be reported, indicating transparency in its operations.
Cosmo Metals Limited announced the issuance of unquoted equity securities, specifically 30 million Tranche 1 Performance Shares and 66.67 million Tranche 2 Performance Shares. These securities are part of previously announced transactions and are not intended to be quoted on the ASX, potentially impacting the company’s capital structure and stakeholder interests.
Cosmo Metals Limited has announced the quotation of 38,800,000 fully paid ordinary securities on the ASX, effective April 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the availability of its shares for trading.
Cosmo Metals Limited has successfully completed the acquisition of the Bingara and Nundle gold, antimony, and copper projects in New South Wales, Australia, covering approximately 743 square kilometers. The company is implementing an exploration strategy, with initial activities focusing on the Bingara project, where high-resolution LiDAR and imagery capture have been completed. The acquisition positions Cosmo Metals to explore high-grade mineralization in a region known for significant ore bodies, potentially enhancing its market position and offering substantial opportunities for stakeholders.
Cosmo Metals Limited has announced a proposed issue of 1,000,000 ordinary fully paid securities, with the issue date set for April 22, 2025. This move is part of a placement or other type of issue, which could impact the company’s market positioning by potentially increasing its capital and enhancing its operational capabilities.
Cosmo Metals Limited has released a presentation detailing its exploration portfolio, which includes high-grade gold, antimony, and copper projects. The company emphasizes its focus on belt-scale projects with significant mineralization potential, which could enhance its market positioning and offer substantial opportunities for stakeholders in the mining sector.
Cosmo Metals Limited announced a change in the director’s interest, specifically involving Peter John Bird. The update reveals that Bird has acquired 299,343 Fully Paid Ordinary Shares and 74,836 Unlisted Options through participation in a shortfall entitlement offer. This change reflects an increase in Bird’s direct holdings, potentially signaling confidence in the company’s future prospects.
Cosmo Metals Limited announced the issuance of 43,215,054 fully paid ordinary shares without requiring disclosure to investors under specific provisions of the Corporations Act. This move indicates the company’s compliance with relevant legal requirements and suggests a strategic step in capital management, potentially impacting its market position and stakeholder interests.
Cosmo Metals Limited announced the issuance of 5,000,000 unquoted equity securities in the form of options, set to expire on April 3, 2028, with an exercise price of $0.015. This issuance is part of a previously announced transaction, indicating a strategic move to potentially raise capital or incentivize stakeholders, which could impact the company’s financial strategy and market positioning.
Cosmo Metals Limited announced the issuance of 43,215,054 unquoted equity securities, specifically options expiring on April 3, 2028, with an exercise price of $0.015. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests by expanding its equity base.
Cosmo Metals Limited has announced the quotation of 43,215,054 fully paid ordinary securities on the ASX, effective April 3, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
Cosmo Metals Limited announced the issuance of 13,000,000 unquoted performance rights set to expire on March 28, 2030. This move is part of previously announced transactions and reflects the company’s ongoing strategy to strengthen its equity position, potentially impacting its operational capabilities and market competitiveness.
Cosmo Metals Limited has announced the issuance of unquoted equity securities, specifically options expiring on March 27, 2028, with an exercise price of $0.03. A total of 24,365,243 options have been issued as part of transactions previously announced to the market. This move is part of the company’s strategy to manage its equity and financial structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
Cosmo Metals Limited announced the issuance of 5,000,000 unquoted securities, specifically options expiring on March 27, 2028, at an exercise price of $0.03. This move is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests.
Cosmo Metals Limited announced the issuance of 7,842,398 unquoted securities, specifically options expiring on March 27, 2028, at an exercise price of $0.03. This move is part of previously announced transactions and reflects the company’s strategic efforts to strengthen its financial positioning and provide growth opportunities for stakeholders.
Cosmo Metals Limited has announced the quotation of 31,369,442 ordinary fully paid securities on the ASX, effective April 3, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s visibility and access to capital.
Cosmo Metals Limited has received strong shareholder support for its acquisition of the Bingara and Nundle gold, antimony, and copper projects in northern New South Wales. The company is advancing exploration activities with the deployment of high-resolution LiDAR and imagery capture to enhance mapping and drilling efforts. This acquisition and exploration initiative marks a significant step in Cosmo’s strategy to capitalize on underexplored, high-potential assets, potentially impacting its industry positioning by expanding its resource base and exploration footprint.
Cosmo Metals Limited held a general meeting where several resolutions were put to a vote among shareholders. The meeting resulted in the approval of various share issues and options, including consideration shares, performance shares, and manager options, as well as the appointment of an auditor. These approvals are likely to impact the company’s financial strategies and stakeholder interests.
Cosmo Metals Limited announced the issuance of 73,424,925 ordinary fully paid securities to be quoted on the ASX, as part of previously announced transactions. This move is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by increasing the company’s operational capabilities and market competitiveness.
Cosmo Metals Limited has successfully completed its non-renounceable entitlement offer, raising $1.57 million by offering four new shares for every five held at $0.015 per share, along with attaching options. The offer saw a 70% subscription rate, with the directors allocating the shortfall to shareholders who applied for excess shares. This capital raising effort supports Cosmo’s exploration activities and strengthens its financial position, potentially enhancing its market presence in the gold and base metals sector.
Cosmo Metals Limited has successfully completed due diligence for the acquisition of the Bingara and Nundle gold, antimony, and copper projects in northern New South Wales. This acquisition, covering an area of approximately 743 square kilometers, is a significant step in Cosmo’s strategy to expand its exploration activities in this highly prospective region. The completion of the Sub Audio Magnetotelluric survey over the Mt Everest – Mona VMS trend at Bingara is a key milestone, with data processing underway to identify potential drill targets. This development is expected to enhance Cosmo’s exploration capabilities and strengthen its position in the mining industry, potentially benefiting stakeholders through the exploration of high-grade mineral deposits.
Cosmo Metals Limited has released its interim consolidated financial report for the period ending December 31, 2024. The report includes key financial statements such as the Consolidated Statement of Profit or Loss, Financial Position, Changes in Equity, and Cash Flows. This release provides stakeholders with insights into the company’s financial health and operational performance during the specified period.
Cosmo Metals Limited has announced the dispatch of its Non-Renounceable Entitlement Offer Prospectus, allowing eligible shareholders to subscribe for new shares. The offer is open from February 27, 2025, to March 21, 2025, with the new securities expected to commence trading on March 28, 2025. This initiative is part of the company’s efforts to raise capital and potentially enhance its market position, impacting shareholders and stakeholders involved in the company’s financial activities.
Cosmo Metals Limited has announced a General Meeting for its shareholders to be held on March 28, 2025, in Perth, Western Australia. The company will not send physical copies of the meeting notice, instead making it available online. Shareholders are encouraged to participate in the voting process by returning proxy forms if they cannot attend in person. This meeting is crucial for shareholders to exercise their voting rights and engage with the company’s future plans.
Cosmo Metals Limited has announced a General Meeting for its shareholders to be held on March 28, 2025, in Perth, Australia. The meeting will focus on several resolutions, including the approval of issuing various shares and options to Management Z Pty Ltd, Jason Barnett, and lead managers. These resolutions, if passed, could impact the company’s capital structure and stakeholder interests.
Cosmo Metals Ltd has announced a live investor webinar to discuss their recent plans to acquire the Bingara and Nundle Gold, Antimony, and Copper Projects in New South Wales. This acquisition highlights Cosmo’s strategy to expand its exploration footprint in underexplored regions, potentially impacting its operational capabilities and positioning within the industry.
Cosmo Metals Limited has announced a non-renounceable entitlement offer, aiming to raise approximately $1.571 million before costs. This offer allows eligible shareholders to purchase four new shares for every five shares they already hold, along with an option to buy additional shares. The initiative is fully underwritten, indicating strong support and confidence in the company’s financial strategies. This capital raising effort is expected to strengthen Cosmo Metals’ financial positioning, potentially enhancing its market standing and offering more robust opportunities for its stakeholders.
Cosmo Metals Limited has announced a new issuance of securities, specifically 13,000,000 Performance Rights, with a proposed issue date of April 3, 2025. This move reflects the company’s strategic financial adjustments and may impact its market presence by potentially providing additional capital for growth initiatives or operational support.
Cosmo Metals Ltd has appointed Mr. Ian Prentice as the new Managing Director. With over 30 years of experience in the resources industry, Mr. Prentice will focus on advancing the Bingara and Nundle projects, which are seen as transformative opportunities due to their underexplored potential. His appointment is expected to add significant value to the company’s exploration activities and enhance its position in the competitive exploration industry.
Cosmo Metals Limited has announced an update to a previous proposal regarding the issuance of securities, specifically correcting the attaching options offer price to nil. This amendment to the non-renounceable pro-rata issue reflects a correction in financial terms which may influence stakeholder perceptions and the company’s positioning in the securities market.
Cosmo Metals Limited has presented a high-level overview of its exploration projects and proposed operations in a new investor presentation. The focus is on a largely untouched exploration portfolio in NSW, which could impact the company’s future operations and position in the multi-commodity sector. The announcement highlights existing exploration results and confirms no new data has altered the technical parameters of their estimates.
Cosmo Metals Limited has announced a proposed issue of securities, which includes the issuance of 26,198,575 unlisted options and 104,794,299 ordinary fully paid shares. This proposal is a standard pro rata issue that is non-renounceable, with significant dates including an ex-date of February 21, 2025, and an offer closing date of March 21, 2025. The issue aims to enhance the company’s financial standing and provide opportunities for growth, aligning with its strategic objectives.
Cosmo Metals Limited has announced a proposed issue of securities, including two tranches of performance shares and ordinary fully paid shares, with a planned issue date of March 28, 2025. This move is a strategic effort to enhance the company’s capital structure and could potentially impact its market positioning by increasing its financial resources and share liquidity.
Cosmo Metals Ltd has announced an agreement to acquire the Bingara and Nundle gold-antimony and copper projects in New South Wales, Australia. This strategic acquisition involves highly prospective areas for orogenic gold and VMS/intrusion-related copper-gold, with historic evidence of significant mineralization. The company plans to conduct initial exploration activities, including geophysical surveys and geological mapping, funded through a non-renounceable entitlements offer expected to raise $1.6 million. This move aims to strengthen Cosmo’s position in the mining sector, potentially enhancing its market presence and offering promising opportunities for stakeholders.