Top Page
Coda Minerals Ltd
(Sydney:COD)
Coda Minerals Ltd (COD) vs. iShares MSCI Australia ETF (EWA)
Coda Minerals Ltd Business Overview & Revenue Model
Coda Minerals Ltd Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -160.78K | -162.87K | -162.46K | -147.53K | -122.13K |
| EBITDA | -4.15M | -4.59M | -7.64M | -14.85M | -6.39M |
| Net Income | -4.29M | -4.57M | -7.76M | -14.21M | -6.52M |
Balance Sheet | |||||
| Total Assets | 22.93M | 22.24M | 23.55M | 27.60M | 24.20M |
| Cash, Cash Equivalents and Short-Term Investments | 3.96M | 3.43M | 4.72M | 8.18M | 21.79M |
| Total Debt | 213.87K | 123.98K | 7.67K | 98.40K | 190.05K |
| Total Liabilities | 815.41K | 646.20K | 858.91K | 1.72M | 1.22M |
| Stockholders Equity | 22.12M | 21.60M | 22.70M | 25.88M | 22.98M |
Cash Flow | |||||
| Free Cash Flow | -3.90M | -4.05M | -7.52M | -14.42M | -5.79M |
| Operating Cash Flow | -3.88M | -4.05M | -7.51M | -14.33M | -5.54M |
| Investing Cash Flow | -10.71K | -1.82K | 281.69K | 828.95K | -239.39K |
| Financing Cash Flow | 4.43M | 2.76M | 3.76M | -90.83K | 23.38M |
Coda Minerals Ltd Technical Analysis
Coda Minerals Ltd Peers Comparison
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% | |
54 Neutral | AU$59.52M | -10.00 | -19.61% | ― | ― | 42.65% | |
52 Neutral | AU$44.46M | 4.06 | -0.34% | ― | ― | -100.38% | |
51 Neutral | AU$61.90M | -13.75 | -10.78% | ― | ― | 11.11% | |
49 Neutral | AU$68.81M | -20.00 | -5.89% | ― | ― | 59.26% | |
42 Neutral | AU$29.14M | -8.33 | -7.55% | ― | ― | 60.00% | |
34 Underperform | AU$73.57M | -3.97 | -440.50% | ― | ― | -61.06% |
Coda Minerals Ltd Corporate Events
Coda Minerals has used a strongly supported capital raising of about A$12.3 million to fund a major new drilling campaign and accelerate the Pre‑Feasibility Study (PFS) at its Elizabeth Creek copper‑silver project in South Australia. During the December 2025 quarter the company completed roughly 70% of a 6,000‑7,000 metre PFS‑level drilling program designed to deliver geotechnical and metallurgical samples and underpin a re‑estimation of the Emmie Bluff mineral resource, while also appointing an experienced study manager and specialist consultants to strengthen its technical capabilities. With A$11.25 million in cash at the end of the quarter and benefiting from sharply higher copper and silver prices, Coda plans to complete drilling and rehabilitation by early February, commence water‑bore drilling and metallurgical variability testwork in the March quarter, and deliver a steady flow of assay, metallurgical and geotechnical results that will inform progressive technical updates and shape the PFS through early 2026.
The most recent analyst rating on (AU:COD) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Coda Minerals Ltd stock, see the AU:COD Stock Forecast page.
Coda Minerals Ltd has applied to the ASX for quotation of 2,104 new fully paid ordinary shares (code: COD), following the exercise or conversion of existing options or other convertible securities. The small issuance marginally increases the company’s quoted capital base but does not materially alter its market position, serving primarily as an administrative update to reflect previously granted equity being converted into listed shares.
The most recent analyst rating on (AU:COD) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Coda Minerals Ltd stock, see the AU:COD Stock Forecast page.
Cumulus Wealth Pty Ltd has notified Coda Minerals Ltd that it has ceased to be a substantial shareholder in the company as of 15 January 2026, in accordance with Australian Corporations Act disclosure requirements. The change indicates that Cumulus Wealth’s holding has fallen below the substantial shareholder threshold, potentially altering the composition and influence of Coda Minerals’ investor base, though no new associates or changes in association were reported.
The most recent analyst rating on (AU:COD) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Coda Minerals Ltd stock, see the AU:COD Stock Forecast page.
Coda Minerals has recommenced its three-rig, 6,000–7,000m diamond drilling campaign at the Emmie Bluff deposit within the Elizabeth Creek Copper-Silver Project after a holiday break, with about 70% of the overall program now complete across its three main deposits. Core from the program is being processed for assay, metallurgical and geotechnical analysis to underpin a rapidly advancing Pre-Feasibility Study, building on a prior study that outlined strong project economics and now stands to benefit from substantially higher copper and silver prices and an improved processing flowsheet, potentially extending mine life, enhancing production profiles and strengthening the project’s economic appeal as Elizabeth Creek moves closer to development readiness.
The most recent analyst rating on (AU:COD) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Coda Minerals Ltd stock, see the AU:COD Stock Forecast page.
Coda Minerals has responded to an ASX price and volume query following a sharp rise in its share price and trading volumes in late December 2025, stating it is not aware of any undisclosed information that could explain the recent trading activity. The company pointed instead to recent material increases in copper and particularly silver prices, to which its Elizabeth Creek Copper-Silver Project is highly leveraged, as a likely driver of heightened investor interest, and confirmed it remains in full compliance with ASX continuous disclosure requirements with its board authorising the response.
Coda Minerals Ltd has issued 9,523,810 fully paid ordinary shares at $0.105 per share, along with 2,380,953 options exercisable at $0.15, as part of a follow-on placement. This strategic move is expected to enhance the company’s capital structure and support its ongoing projects, reflecting its compliance with relevant corporate regulations.
Coda Minerals Ltd has announced the quotation of new securities on the Australian Securities Exchange (ASX), including 2,380,953 options expiring in March 2029 and 9,523,810 fully paid ordinary shares. This move is part of a previously announced transaction and is expected to enhance the company’s capital structure, potentially impacting its market positioning and providing opportunities for stakeholders.
Coda Minerals Ltd has announced a change in the director’s interest, specifically involving Keith Jones. The change reflects the acquisition of 125,028 fully paid ordinary shares by White Silk Pty Ltd, a trust associated with Jones, as part of his director’s fees for a specified period. This transaction, approved at the company’s annual general meeting, indicates a strategic move to align director compensation with company performance, potentially impacting stakeholder perceptions and reinforcing the company’s commitment to aligning leadership interests with shareholder value.
Coda Minerals Ltd has issued 400,000 fully paid ordinary shares at a price of $0.075 per share, as announced in their recent ASX release. This issuance is conducted under the exemption provided by section 708A(5) of the Corporations Act 2001, allowing for the on-sale of these shares without disclosure. The company confirms compliance with relevant provisions of the Act and assures that no undisclosed information would impact investors’ assessments.
Coda Minerals Ltd has announced the application for the quotation of 250,046 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, indicating a strategic move to enhance employee engagement and potentially improve company performance.
Coda Minerals Ltd announced the issuance of 400,000 ordinary fully paid shares as a form of payment for investor relations services, following approval at the Annual General Meeting on November 7, 2025. This strategic move reflects the company’s efforts to manage cash flow while maintaining its operational commitments, potentially impacting its financial flexibility and stakeholder relations positively.
Coda Minerals Ltd announced the cessation of certain securities, specifically performance rights, due to unmet conditions. This development indicates a potential shift in the company’s capital structure, which may affect stakeholders and reflect on the company’s strategic adjustments in managing its securities.
Coda Minerals Ltd has announced the issuance of 10,000,000 unquoted performance rights as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company performance, potentially enhancing productivity and commitment, which could positively impact the company’s operations and market positioning.