tiprankstipranks
Trending News
More News >
Coppermoly Limited (AU:COY)
ASX:COY

Coppermoly Limited (COY) AI Stock Analysis

Compare
0 Followers

Top Page

AU

Coppermoly Limited

(Sydney:COY)

Rating:42Neutral
Price Target:
Coppermoly Limited struggles with severe financial difficulties, notably its lack of revenue and persistent losses, significantly impacting its stock score. The technical indicators show some potential for stabilization, but weak momentum and a negative P/E ratio contribute to a low valuation score. Overall, the stock's performance and outlook are challenged, requiring strategic improvement for financial health.

Coppermoly Limited (COY) vs. iShares MSCI Australia ETF (EWA)

Coppermoly Limited Business Overview & Revenue Model

Company DescriptionCoppermoly Limited, together with its subsidiaries, engages in the exploration and development of copper-gold projects located in Papua New Guinea and Australia. It also explores for silver, zinc, and polymetallic mineralized deposits. The company's principal projects include the Mt Nakru tenement that covers an area of 47 square kilometers; and the Simuku project, which covers an area of 122.7 square kilometers located in Papua New Guinea. It also holds interests in the Fox Creek project, which includes EPM27835 exploration license covering an area of 320 square kilometers; and Mount Tracey project comprising EPM27836 exploration license that covers an area of 294 square kilometers located on the Mount Isa Inlier in northwest Queensland, Australia. The company was incorporated in 2007 and is headquartered in Taringa, Australia.
How the Company Makes MoneyCoppermoly Limited makes money primarily through the exploration and development of mineral resources, which it monetizes by advancing its projects towards production or partnering with larger mining companies. The company generates revenue by increasing the value of its mineral assets through successful exploration and feasibility studies, which can attract joint venture partnerships or acquisition interest from major mining firms. Coppermoly may also earn income through farm-out agreements, where it allows other companies to explore or develop its tenements in exchange for financial compensation or a share of future production. Additionally, the company might issue equity or debt to fund its exploration activities and sustain operations, impacting its financial position and potential earnings.

Coppermoly Limited Financial Statement Overview

Summary
Coppermoly Limited faces significant financial challenges, characterized by a lack of revenue generation and continuous losses. Despite a strong equity base and absence of debt, ongoing negative cash flow and declining assets highlight sustainability concerns.
Income Statement
20
Very Negative
Coppermoly Limited has been unable to generate any revenue over the years, which is a significant concern. The company has consistently reported losses with negative EBIT and net income. The absence of revenue growth and persistent negative profit margins point to ongoing operational challenges.
Balance Sheet
45
Neutral
The company maintains a positive equity position and has no reported debt, which is a strength. However, the substantial decline in total assets over recent years raises concerns about asset management and sustainability. The equity ratio is high, indicating reliance on equity financing, but this might not be sustainable long-term without revenue generation.
Cash Flow
30
Negative
Operating cash flow remains negative, indicating ongoing cash burn. Although free cash flow has improved slightly, it remains negative, posing a risk to financial stability. The cash flow from financing activities suggests reliance on external financing to support operations, which could be a potential risk if not managed carefully.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-1.11K-2.57K-8.47K-47.58K-47.18K-40.63K
EBIT
-1.04M-777.49K-857.22K-849.28K-902.10K-1.10M
EBITDA
-1.02M-818.97K-834.60K-801.10K-816.07K-986.93K
Net Income Common Stockholders
-1.00M-931.85K-1.02M-1.05M-1.21M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.39M1.98M2.08M2.10M3.39M4.62M
Total Assets
3.13M3.37M2.25M20.56M19.49M21.84M
Total Debt
0.000.000.001.78M1.65M1.23M
Net Debt
-1.39M-1.98M-2.08M-319.27K-1.74M-3.39M
Total Liabilities
400.08K137.37K195.84K2.11M1.93M2.32M
Stockholders Equity
2.73M3.24M2.06M18.44M17.56M19.52M
Cash FlowFree Cash Flow
-2.02M-1.34M-1.26M-1.18M-2.88M
Operating Cash Flow
-984.74K-650.46K-537.81K-671.33K-851.16K
Investing Cash Flow
-1.04M-212.46K-726.15K-513.39K-2.03M
Financing Cash Flow
0.001.91M845.92K-45.35K-44.03K5.96M

Coppermoly Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
56.59
Neutral
STOCH
77.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:COY, the sentiment is Positive. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.59 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:COY.

Coppermoly Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
50
Neutral
$2.01B-1.12-21.15%3.68%2.69%-30.65%
AUGML
47
Neutral
AU$13.08M5.088.76%
AUCOY
42
Neutral
€10.59M-32.41%6.67%
$37.69M-2.36%
AUAIV
36
Underperform
AU$1.29M-62.73%-197.56%
AUAUR
33
Underperform
AU$2.86M-4.22%91.30%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:COY
Coppermoly Limited
0.01
<0.01
18.18%
KGLLF
KGL Resources Limited
0.06
-0.01
-14.29%
AU:GML
Gateway Mining Limited
0.03
0.00
0.00%
AU:AUR
Auris Minerals Ltd.
AU:AIV
ActivEX Limited
0.01
0.00
0.00%

Coppermoly Limited Corporate Events

Coppermoly Limited Announces Cessation of Securities
Apr 17, 2025

Coppermoly Limited announced the cessation of certain securities, specifically 24 million performance rights and 5 million options, due to unmet conditions. This development may impact the company’s capital structure and could influence investor sentiment, as it indicates challenges in meeting performance or operational milestones.

Coppermoly Limited Announces Director Change and Interest Holdings
Apr 14, 2025

Coppermoly Limited announced the cessation of Mark Burke as a director effective April 13, 2025. The final director’s interest notice reveals that Mr. Burke holds significant interests in the company through 5,000,000 fully paid ordinary shares, 5,000,000 unquoted director options, and 24,000,000 performance rights. This change in directorship may impact the company’s strategic direction and stakeholder confidence, given Mr. Burke’s substantial holdings and potential influence on company decisions.

Coppermoly Limited Appoints New Director
Apr 14, 2025

Coppermoly Limited has announced the appointment of Dickson Leah as a director, effective April 13, 2025. The announcement indicates that Leah currently holds no securities or interests in contracts related to the company, which may suggest a fresh perspective in the company’s boardroom. This appointment could impact the company’s strategic direction and governance, potentially influencing stakeholder confidence and market perception.

Coppermoly Limited Appoints New CEO to Drive Exploration Initiatives
Apr 14, 2025

Coppermoly Limited has appointed Mr. Dickson Leah as the new Managing Director and CEO, succeeding Mr. Mark Burke. Mr. Leah brings over 22 years of experience in exploration and mining, with expertise in various minerals including gold, copper, and iron ore. His appointment is expected to enhance Coppermoly’s exploration activities in Queensland, unlocking the potential value of its projects. The company aims to leverage Mr. Leah’s extensive industry knowledge to advance its portfolio of exploration projects.

Coppermoly Unveils Major Magnetic Anomalies at Malakoff Prospect
Mar 25, 2025

Coppermoly Limited has announced the completion of extensive ground magnetic and IP array surveys at its Malakoff prospect in Northwest Queensland, identifying four major magnetic anomalies. These findings are part of the company’s refreshed exploration strategy, with test drilling planned for the second quarter of 2025, potentially enhancing its industry positioning and operational capabilities.

Coppermoly Limited Issues 5 Million New Shares Under Regulatory Exemption
Mar 19, 2025

Coppermoly Limited has announced the issuance of 5,000,000 fully paid ordinary shares, which are exempt from resale restrictions under section 708A(5) of the Corporations Act 2001. This move is part of the company’s strategy to comply with regulatory requirements while maintaining transparency, potentially impacting its market operations and stakeholder interests positively.

Coppermoly Limited Issues New Shares to Managing Director
Mar 19, 2025

Coppermoly Limited has announced the issuance of 5,000,000 fully paid ordinary shares to its Managing Director, following their participation in a recent placement. This move, approved by shareholders in February 2025, is part of the company’s strategic efforts to enhance its financial position and operational capabilities, potentially impacting its market standing and stakeholder interests positively.

Coppermoly Limited Unveils Major Magnetic Anomaly Discovery at Copper Valley
Mar 16, 2025

Coppermoly Limited has announced the discovery of a major magnetic anomaly at its Copper Valley prospect within the Shuffleton project in Northwest Queensland. The anomaly, which spans over 2km in length and 1km in width, is situated on the eastern side of the Cloncurry Fault Zone. This discovery, along with high copper and nickel content in the area, highlights the potential for significant mineral resources, which could enhance the company’s operations and industry positioning.

Coppermoly Limited Releases Investor Presentation and Exploration Update
Mar 9, 2025

Coppermoly Limited has released an investor presentation and exploration update detailing its current activities and exploration potentials. The company emphasizes the importance of independent financial advice for investors and highlights the risks associated with securities and financial transactions. The presentation underscores the company’s ongoing commitment to transparency and compliance with industry standards, as evidenced by the involvement of a competent person in the reporting of exploration results.

Coppermoly Limited Releases Interim Financial Report for Half-Year Ending December 2024
Mar 6, 2025

Coppermoly Limited released its consolidated interim financial report for the half-year ending December 31, 2024. The report includes various financial statements and declarations, indicating the company’s financial position and performance over the period. This release is crucial for stakeholders to assess Coppermoly’s financial health and strategic direction in the mining sector.

Coppermoly Limited Approves Key Resolutions at General Meeting
Feb 24, 2025

Coppermoly Limited held a General Meeting where all resolutions were passed by a poll. These resolutions, which included the approval of options and performance rights for related parties, are significant for the company’s operational plans and may enhance its strategic positioning in the exploration sector.

Coppermoly Limited Issues 70 Million Shares for Exploration Expansion
Feb 20, 2025

Coppermoly Limited announced the issuance of 70,000,000 fully paid ordinary shares, which are exempt from the usual disclosure requirements under the Corporations Act 2001. This move aligns with the company’s compliance with regulatory provisions and aims to facilitate the accelerated exploration and resource development of its projects in Queensland, potentially enhancing its standing in the mineral exploration sector.

Coppermoly Limited Announces 70 Million Share Issuance
Feb 20, 2025

Coppermoly Limited announced the issuance of 70,000,000 ordinary fully paid shares, scheduled to be quoted on the ASX on February 21, 2025. This issuance, part of a placement, is expected to enhance the company’s capital structure, potentially strengthening its operational capabilities and market position.

Coppermoly Secures $700K for Queensland Exploration Initiatives
Feb 20, 2025

Coppermoly Limited has successfully raised $700,000 through a private placement of 70 million fully paid ordinary shares, at $0.01 per share, to fund its copper and gold exploration projects in Queensland for 2025. This capital injection, supported by sophisticated investors, provides Coppermoly with the financial flexibility needed for advanced exploration activities, reflecting confidence in the company’s prospects and improving its strategic positioning within the industry.

Coppermoly Limited Relocates Office to Enhance Operations
Feb 17, 2025

Coppermoly Limited has announced a change in its registered office and principal place of business to a new location in Subiaco, Western Australia. This relocation could potentially influence the company’s operational logistics and stakeholder interactions, reflecting strategic adjustments as it advances its mineral exploration and resource development endeavors.

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.