Cobalt Blue Holdings Ltd. (AU:COB)
ASX:COB
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Cobalt Blue Holdings
(Sydney:COB)
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Rating:50Neutral
Price Target:
AU$0.09
▼(-14.55% Downside)
Action:ReiteratedDate:05/02/26
The score is held down primarily by weak financial performance (zero latest revenue, ongoing losses, and continued cash burn), partially offset by a relatively low-leverage balance sheet and a constructive technical trend with improving momentum. Valuation is constrained by negative earnings and no stated dividend yield.
Positive Factors
Low leverage / Balance sheet strength
Low leverage (debt-to-equity ~0.05–0.17) gives the company longer runway to advance the Broken Hill project without large interest burdens. This balance sheet strength reduces near-term refinancing risk and supports funding flexibility during multi-year mine development phases.
Negative Factors
No recent revenue / persistent losses
Revenue falling to zero and recurring net losses indicate the company remains pre-revenue and dependent on funding rather than operating cash generation. This lack of commercial sales limits visibility on scale-up, heightens execution risk, and increases reliance on capital markets or partners to advance the project.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / Balance sheet strength
Low leverage (debt-to-equity ~0.05–0.17) gives the company longer runway to advance the Broken Hill project without large interest burdens. This balance sheet strength reduces near-term refinancing risk and supports funding flexibility during multi-year mine development phases.
Read all positive factors
Cobalt Blue Holdings (COB) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$55.22M
Dividend YieldN/A
Average Volume (3M)2.34M
Price to Earnings (P/E)―
Beta (1Y)0.72
Revenue GrowthN/A
EPS Growth80.64%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding587,464,840
10 Day Avg. Volume3,315,696
30 Day Avg. Volume2,338,328
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.75
Price to Sales (P/S)0.00
P/FCF Ratio-3.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cobalt Blue Holdings Business Overview & Revenue Model
Company Description
Cobalt Blue Holdings (COB) is an Australian-based exploration and project development company primarily focused on the production and supply of cobalt. The company operates within the mining and resources sector and is engaged in the development o...
How the Company Makes Money
null...
Cobalt Blue Holdings Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 75.00K | 233.00K | 0.00 | 50.00K |
| Gross Profit | -211.00K | -187.00K | 75.00K | 73.00K | -228.00K | 116.00K |
| EBITDA | -4.64M | -5.85M | -37.42M | -5.26M | -4.99M | -2.42M |
| Net Income | -8.42M | -6.10M | -37.59M | -5.47M | -5.23M | -2.68M |
Balance Sheet | ||||||
| Total Assets | 39.27M | 33.57M | 40.96M | 76.42M | 50.43M | 36.99M |
| Cash, Cash Equivalents and Short-Term Investments | 6.72M | 1.22M | 8.74M | 15.62M | 10.53M | 9.44M |
| Total Debt | 542.00K | 2.27M | 3.09M | 3.14M | 2.93M | 2.21M |
| Total Liabilities | 1.93M | 3.69M | 6.76M | 10.43M | 6.33M | 4.36M |
| Stockholders Equity | 37.34M | 29.88M | 34.20M | 65.99M | 44.10M | 32.63M |
Cash Flow | ||||||
| Free Cash Flow | -4.89M | -7.03M | -15.73M | -28.77M | -13.15M | -8.50M |
| Operating Cash Flow | -4.88M | -7.03M | -5.67M | -3.62M | -3.47M | -2.11M |
| Investing Cash Flow | -10.00K | 531.00K | -5.71M | -16.62M | -9.26M | -5.31M |
| Financing Cash Flow | 6.22M | -1.02M | 4.50M | 25.33M | 13.82M | 14.80M |
Cobalt Blue Holdings Technical Analysis
Positive
0.11
Price Trends
0.07
Positive
0.08
Positive
0.08
Negative
Market Momentum
<0.01
Negative
58.93
Neutral
55.56
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 0.11 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.07, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.93 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$55.22M | -1.48 | -25.04% | ― | ― | 80.64% | |
47 Neutral | AU$20.64M | 25.00 | -7.13% | ― | -25.35% | 95.00% | |
46 Neutral | AU$90.39M | -2.12 | -16.67% | ― | ― | 42.00% | |
46 Neutral | AU$35.78M | -4.34 | -19.53% | ― | ― | -8.74% | |
44 Neutral | AU$32.22M | -1.90 | -12.11% | ― | ― | 45.35% | |
41 Neutral | AU$35.06M | -25.46 | -107.26% | ― | ― | 71.99% |
* Basic Materials Sector Average
AU:COB
Cobalt Blue Holdings
0.09
0.04
64.91%
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Cobalt Blue Holdings Corporate Events
Cobalt Blue Completes Share Issue to Lind and Confirms Regulatory Compliance
Apr 29, 2026
Cobalt Blue Holdings has issued 3,571,429 fully paid ordinary shares to Lind Global Fund III LP, completing its current share issuance obligations under a previously announced placement agreement. The new shares were issued under the company’...
Cobalt Blue Seeks ASX Quotation for 3.6 Million New Shares
Apr 29, 2026
Cobalt Blue Holdings has applied for quotation on the ASX of 3,571,429 new fully paid ordinary shares, expanding its listed securities base. The additional stock issuance, previously flagged to the market, modestly increases the company’s eq...
Cobalt Blue Advances Kwinana Refinery with Key Cobalt Sulphate Milestone and Offtake Progress
Apr 29, 2026
Cobalt Blue Holdings has confirmed that cobalt sulphate samples produced at its Broken Hill Technology Centre meet stringent purity and physical specifications required by potential precursor cathode active material buyers. This validation marks a...
Cobalt Blue Plans New Share Placement to Raise Capital
Apr 28, 2026
Cobalt Blue Holdings Limited, an ASX-listed resources company focused on cobalt-related assets, has announced a proposed issue of new ordinary fully paid shares as part of its ongoing use of capital markets to support project development. The move...
Cobalt Blue Outlines Strategy and Consortium Deal at Austmine Luncheon
Apr 16, 2026
Cobalt Blue Holdings’ CEO, Dr Andrew Tong, is presenting the company’s latest corporate strategy at the Austmine CEO Leadership Luncheon in Sydney, outlining its positioning within the cobalt and sulphur markets. The company has also d...
Cobalt Blue Schedules Investor Webinar on Glomar Nodule Processing Tie-Up
Mar 29, 2026
Cobalt Blue Holdings has invited shareholders to a live online webinar featuring CEO Dr Andrew Tong and Business Development Manager Joel Crane. The session will focus on the company’s collaboration with Glomar Minerals Consortium on nodule ...
Cobalt Blue, Glomar Minerals Form U.S. Polymetallic Nodule Processing Consortium
Mar 29, 2026
Cobalt Blue Holdings has entered a consortium with U.S.-focused Glomar Minerals to develop Project Infinity, a proposed polymetallic nodule processing facility in the U.S. combining Glomar’s offshore extraction licences with Cobalt Blue̵...
Cobalt Blue Releases Half-Year Financial Report for December 2025
Mar 6, 2026
Cobalt Blue Holdings has released its half-year financial report for the period ended 31 December 2025, outlining its financial performance, balance sheet position and cash flow movements for the six-month period. The report provides investors wit...
Cobalt Blue Wins Shareholder Backing for Capital Raising and Option Issues
Feb 6, 2026
Cobalt Blue Holdings Limited has confirmed that all resolutions put to shareholders at its 6 February 2026 extraordinary general meeting were approved by poll, including the ratification of previously issued placement shares and Lind subscription ...
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.