Cobalt Blue Holdings (COB) AI Stock Analysis

• Market Cap: $24.02M
• Dividend Yield: N/A
• Average Volume (3M): 316.19K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.23
• Revenue Growth: N/A
• EPS Growth: -517.72%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): -0.10
• Shares Outstanding: 444,838,840
• 10 Day Avg. Volume: 204,300
• 30 Day Avg. Volume: 316,192
• PEG Ratio: N/A
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Cobalt Blue Holdings Ltd. faces significant financial challenges with consistent losses and negative cash flow, which heavily impact its overall stock score. Moderate technical indicators suggest potential stabilization in the short term, but valuation concerns persist due to a negative P/E ratio and lack of dividends. The company's focus should be on improving its financial health and operational efficiency.

Cobalt Blue Holdings Business Overview & Revenue Model

Company Description

Cobalt Blue Holdings Limited engages in the exploration and evaluation of early-stage cobalt resources in Australia. It holds 100% interest in the Broken Hill Cobalt project comprises g five exploration licenses and two mining leases covering an area of approximately 220 square kilometers located in the Broken Hill, New South Wales. The company was incorporated in 2016 and is based in North Sydney, Australia.

How the Company Makes Money

Cobalt Blue Holdings generates revenue through the exploration, development, and eventual mining of cobalt resources. The company's primary revenue stream is anticipated to come from the extraction and sale of cobalt concentrate from its Broken Hill Cobalt Project. COB is focused on establishing offtake agreements and partnerships with manufacturers in the battery and electric vehicle industries to secure long-term sales contracts. The company also explores opportunities for strategic partnerships and alliances that can enhance its market position and provide access to additional funding and resources. As the demand for cobalt continues to rise due to the global shift towards renewable energy and electric mobility, COB's revenue is closely tied to the successful development and commercialization of its mining projects.

Cobalt Blue Holdings Financial Statement Overview

Summary

Cobalt Blue Holdings Ltd. is financially unstable, with consistent net losses impacting the income statement and cash flow. Although the company has a strong equity base, it faces significant profitability and cash flow challenges, necessitating improvements in operational efficiency and revenue generation.

Income Statement

Cobalt Blue Holdings Ltd. has faced significant challenges in achieving profitability, as shown by consistently negative net income and EBIT over the years. The gross profit margin has been negative, indicating that the cost of goods sold exceeds revenue, a critical concern. Revenue growth has been inconsistent, with a decline in recent periods.

Balance Sheet

The company's debt-to-equity ratio is relatively low, suggesting manageable leverage. However, the return on equity is negative due to continued net losses, impacting shareholder value. The equity ratio remains strong, indicating a solid asset base relative to liabilities, yet profitability concerns persist.

Cash Flow

Operating cash flow has been consistently negative, highlighting challenges in generating cash from core operations. Free cash flow remains negative, with no positive trend in sight. The company's capital expenditures are relatively high, further straining cash resources.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	75.00K	233.00K	0.00	50.00K	65.00K
Gross Profit	75.00K	73.00K	-228.00K	116.00K	124.00K
EBITDA	-37.42M	-5.26M	-4.99M	-2.42M	-1.96M
Net Income	-37.59M	-5.47M	-5.23M	-2.68M	-2.38M
Balance Sheet
Total Assets	40.96M	76.42M	50.43M	36.99M	23.79M
Cash, Cash Equivalents and Short-Term Investments	8.74M	15.62M	10.53M	9.44M	2.06M
Total Debt	3.09M	3.14M	2.93M	2.21M	3.29M
Total Liabilities	6.76M	10.43M	6.33M	4.36M	4.48M
Stockholders Equity	34.20M	65.99M	44.10M	32.63M	19.32M
Cash Flow
Free Cash Flow	-15.73M	-28.77M	-13.15M	-8.50M	-4.27M
Operating Cash Flow	-5.67M	-3.62M	-3.47M	-2.11M	-1.85M
Investing Cash Flow	-5.71M	-16.62M	-9.26M	-5.31M	-602.00K
Financing Cash Flow	4.50M	25.33M	13.82M	14.80M	-229.00K

Cobalt Blue Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:COB, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.02 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:COB.

Cobalt Blue Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LGM	56 Neutral	AU$29.65M	―	-18.41%	―	―	-103.03%
COB	46 Neutral	$24.02M	―	-80.81%	―	―	-517.72%
ARD	45 Neutral	AU$33.26M	―	-91.81%	―	―	15.00%
Sector *	44 Neutral	C$967.00M	-6.65	-13.73%	2.47%	17.55%	-32.57%
WAK	43 Neutral	AU$30.02M	―	-139.33%	―	65.38%	-46.00%
GCM	34 Underperform	AU$71.22M	―	-10.99%	―	―	33.33%
LMG	32 Underperform	AU$21.01M	―	-0.86%	―	―	97.62%

Cobalt Blue Holdings Corporate Events

Cobalt Blue’s Broken Hill Project Secures Major Project Status Extension

Cobalt Blue Holdings Limited has been granted a three-year extension of Major Project Status for its Broken Hill Cobalt Project by the Commonwealth Industry Minister. This status highlights the project’s potential contribution to Australia’s resources and critical minerals industry, enhancing its development prospects and strengthening investment discussions, particularly with international and domestic investors. The extension supports Cobalt Blue’s strategic goals, including advancing the Kwinana Cobalt Refinery and the Broken Hill Technology Centre, and aligns with Australia’s national priorities in critical minerals and battery strategies.

Cobalt Blue Holdings Announces Registry Office Relocation

Cobalt Blue Holdings Limited has announced a change in the address of its registry office. Effective from June 10, 2025, the Sydney office of Computershare Investor Services will be located at 44 Martin Place, Sydney. This change is part of the company’s compliance with ASX Listing Rule 3.15.1, and all other contact details remain unchanged. The announcement signifies a routine administrative update with no immediate impact on the company’s operations or stakeholder interests.

Cobalt Blue Holdings Unveils Key Updates in Corporate Presentation

Cobalt Blue Holdings Limited has released a Corporate Presentation detailing recent company updates, including the results of the Halls Creek Scoping Study. This announcement is significant as it provides insights into the company’s operational progress and strategic direction, potentially impacting its market positioning and offering valuable information for stakeholders interested in the company’s future developments.

Cobalt Blue Holdings Unveils Promising Halls Creek Project Scoping Study

Cobalt Blue Holdings Limited has completed a Scoping Study for its Halls Creek Project in Western Australia, revealing a promising opportunity for copper and zinc production. The project, which involves mining the Onedin and Sandiego deposits, aims to utilize sustainable energy solutions and conventional metallurgical processes to ensure low technical risk and strong investment returns. The study highlights the potential for near-term cash flow and the strategic importance of the project in diversifying Cobalt Blue’s portfolio, although it notes the need for significant initial capital and further evaluations before advancing to definitive study phases.

Cobalt Blue Secures Major Cobalt Supply Deal with Glencore

Cobalt Blue Holdings Limited has announced a significant contract with Glencore International AG to supply cobalt hydroxide feedstock to its Kwinana Cobalt Refinery (KCR) in Western Australia. This agreement ensures that Glencore will provide up to 50% of KCR’s feedstock requirements for three years, marking a critical step in securing supply chains for the refinery. The KCR aims to produce high-quality, battery-grade cobalt sulphate and cobalt metal, playing a vital role in Australia’s Critical Minerals Strategy. This partnership with Glencore, a major player in the cobalt industry, strengthens Cobalt Blue’s position in the global market and supports the development of new battery and critical minerals supply chains. The feedstock will be sourced from Glencore’s operations in the Democratic Republic of Congo, which are recognized for their responsible mining practices.

Cobalt Blue Holdings Updates Registered Office Address

Cobalt Blue Holdings Limited has announced a change in its registered office and principal place of business to a new address in North Sydney, Australia. This change is part of the company’s ongoing operational adjustments, although all other contact details remain unchanged, indicating a streamlined transition with minimal disruption to stakeholders.

Cobalt Blue Advances Kwinana Refinery Project with Key Partnership

Cobalt Blue Holdings Limited has announced significant progress in its Kwinana Cobalt Refinery project, including the completion of 80% of the detailed plant engineering and ongoing offtake negotiations. The company has also executed a binding pre-Final Investment Decision Consortium Deed with Iwatani Australia Pty Limited, marking a crucial step towards securing project financing and operational agreements. This development positions Cobalt Blue strategically within the cobalt market, as it seeks to address supply chain uncertainties and meet the rising demand driven by electric vehicle sales.