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Cobalt Blue Holdings Ltd. (AU:COB)
ASX:COB

Cobalt Blue Holdings (COB) AI Stock Analysis

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AU

Cobalt Blue Holdings

(Sydney:COB)

Rating:44Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
The overall stock score is primarily driven by financial performance concerns, highlighted by ongoing losses and negative cash flows. Technical analysis shows mild positive momentum but is insufficient to counterbalance the financial weaknesses. Valuation metrics further underscore the lack of profitability, resulting in a low investment appeal.

Cobalt Blue Holdings (COB) vs. iShares MSCI Australia ETF (EWA)

Cobalt Blue Holdings Business Overview & Revenue Model

Company DescriptionCobalt 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 MoneyCobalt Blue Holdings Ltd. generates revenue primarily through the exploration, development, and potential sale of cobalt resources. The company's main revenue stream is expected to come from the sale of cobalt products, particularly cobalt sulphate, which is a key component in the production of lithium-ion batteries. The company may also engage in strategic partnerships and joint ventures with other mining and technology firms to enhance its project development and market reach. Additionally, Cobalt Blue Holdings Ltd. may receive funding and investment from stakeholders interested in securing a stable supply of cobalt for the burgeoning electric vehicle and energy storage markets.

Cobalt Blue Holdings Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
1.17M75.00K233.00K0.0050.00K65.00K
Gross Profit
-2.54M-145.00K73.00K-228.00K116.00K124.00K
EBIT
-7.82M-3.84M-5.66M-5.22M-2.73M-2.27M
EBITDA
-4.53M-37.42M-5.26M-4.99M-2.42M-1.96M
Net Income Common Stockholders
-38.09M-37.59M-5.47M-5.23M-2.68M-2.38M
Balance SheetCash, Cash Equivalents and Short-Term Investments
4.60M8.74M15.62M10.53M9.44M2.06M
Total Assets
12.16M40.96M76.42M50.43M36.99M23.79M
Total Debt
0.003.09M3.14M2.93M2.21M3.29M
Net Debt
-4.60M-5.65M-12.47M-7.60M-7.23M1.23M
Total Liabilities
995.01K6.76M10.43M6.33M4.36M4.48M
Stockholders Equity
11.16M34.20M65.99M44.10M32.63M19.32M
Cash FlowFree Cash Flow
-11.32M-15.73M-28.77M-13.15M-8.50M-4.27M
Operating Cash Flow
-5.43M-5.67M-3.62M-3.47M-2.11M-1.85M
Investing Cash Flow
1.03M-5.71M-16.62M-9.26M-5.31M-602.00K
Financing Cash Flow
4.52M4.50M25.33M13.82M14.80M-229.00K

Cobalt Blue Holdings Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.06
Price Trends
50DMA
0.06
Positive
100DMA
0.06
Positive
200DMA
0.07
Negative
Market Momentum
MACD
<0.01
Negative
RSI
57.54
Neutral
STOCH
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:COB, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.54 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:COB.

Cobalt Blue Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AULGM
56
Neutral
AU$30.43M-18.41%-103.03%
51
Neutral
$2.02B-1.12-21.36%3.65%2.87%-30.54%
AUCOB
44
Neutral
$27.58M-80.81%-517.72%
AUARD
40
Underperform
AU$31.80M-91.81%15.00%
AUWAK
39
Underperform
AU$25.83M-139.33%65.38%-46.00%
AUGCM
34
Underperform
AU$35.34M-10.99%33.33%
AULMG
32
Underperform
AU$23.64M-0.86%97.62%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:COB
Cobalt Blue Holdings
0.06
-0.02
-22.89%
AU:WAK
WA Kaolin Ltd.
0.04
0.00
0.00%
AU:ARD
Argent Minerals Limited
0.02
0.00
0.00%
AU:LGM
Legacy Minerals Holdings Ltd.
0.18
-0.07
-28.00%
AU:GCM
Chase Mining Corporation Limited
0.02
0.01
100.00%
AU:LMG
Latrobe Magnesium Limited
0.01
-0.04
-80.00%

Cobalt Blue Holdings Corporate Events

Cobalt Blue Secures Major Cobalt Supply Deal with Glencore
May 29, 2025

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
May 2, 2025

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
Apr 30, 2025

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.

Cobalt Blue Holdings Boosts Staff Incentives with Share Issuance
Apr 17, 2025

Cobalt Blue Holdings Ltd. has issued over 5.3 million fully paid ordinary shares to its staff as part of their remuneration and incentive plans. This strategic move, executed under the company’s available capacity in compliance with ASX Listing Rules, aims to align staff interests with company performance, potentially enhancing operational efficiency and stakeholder value.

Cobalt Blue Holdings Expands Market Presence with New Securities Issuance
Apr 17, 2025

Cobalt Blue Holdings Ltd. has announced the issuance of 5,194,520 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) starting April 17, 2025. This move is part of an employee incentive scheme and is expected to enhance the company’s market presence by potentially increasing liquidity and attracting more investors, thereby strengthening its position in the cobalt supply chain.

Cobalt Blue Holdings Issues Shares to Staff as Remuneration
Apr 17, 2025

Cobalt Blue Holdings Ltd. has announced the issuance of 171,026 ordinary fully paid shares to its staff as part of their base remuneration package. This move is part of the company’s strategy to incentivize and retain talent, potentially enhancing its operational efficiency and market competitiveness.

Cobalt Blue Holdings Announces Leadership Transition
Apr 16, 2025

Cobalt Blue Holdings Limited announced a leadership transition with Joe Kaderavek moving from CEO to Deputy Chairman and Dr. Andrew Tong stepping in as the new CEO. Dr. Tong, with over 20 years of experience in project development and mining, is expected to lead the company into its next phase of growth. This change aims to leverage Kaderavek’s strategic insights while capitalizing on Tong’s expertise to drive innovation and expansion. The transition is seen as a strategic move to strengthen the company’s leadership and ensure continued success.

Cobalt Blue Advances Plans for Australia’s First Cobalt Refinery
Apr 11, 2025

Cobalt Blue Holdings Limited has announced the execution of a binding pre-Final Investment Decision Consortium Deed with Iwatani Australia Pty Limited for the development of the Kwinana Cobalt Refinery (KCR). If successful, the KCR will be Australia’s first cobalt refinery, producing battery-grade cobalt sulphate for the global supply chain. The project aligns with Australia’s Critical Minerals Strategy and aims to fill a significant market gap. The refinery will be located in the Kwinana-Rockingham industrial precinct, benefiting from existing infrastructure and proximity to Fremantle port. Cobalt Blue is committed to sourcing feedstock from ESG-compliant counterparties, ensuring responsible production and sourcing practices.

Cobalt Blue Holdings Ltd. Releases Half-Year Financial Report
Mar 12, 2025

Cobalt Blue Holdings Ltd. has released its half-year financial report for the period ending December 31, 2024. The report includes various 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 performance over the past six months, which is crucial for assessing its operational efficiency and market positioning.

Cobalt Blue Expands Stake in Halls Creek Project with New Share Issue
Mar 5, 2025

Cobalt Blue Holdings Limited has issued 2,777,778 fully paid ordinary shares to AuKing Mining Limited as part of an agreement to acquire a 51% interest in the Halls Creek Project. This strategic move, executed under the company’s available capacity, strengthens Cobalt Blue’s position in the cobalt mining sector and aligns with its growth strategy in securing key resources.

Cobalt Blue Holdings Ltd. Announces Quotation of New Securities on ASX
Mar 5, 2025

Cobalt Blue Holdings Ltd. has announced the quotation of 2,777,778 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s financial flexibility and support its ongoing projects, potentially strengthening its position in the cobalt market and benefiting stakeholders by aligning with the growing demand for cobalt in the renewable energy sector.

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.